1202 3rd Street SE, Cedar Rapids, IA 52403
MLS Number: 2406170 |
Subtype: Commercial | Area: SE Quadrant
$
3,750,000
Prime Investment Opportunity in the Heart of the NewBo District.
This exceptional property is located in the vibrant and growing NewBo District, a hub for thriving local businesses. The building boasts a diverse range of tenants, with popular restaurants Brewhemia and Lacayo anchoring the main level. Additionally, an administrative office for the well-known Watts Group adds to the commercial appeal. The second floor features The Olympic South Side Theater, a stunning event space ideal for weddings, concerts, and private gatherings. The sale also includes an adjacent parking lot, adding significant value and convenience. For further details, contact the listing agents.
Property
-
County: Linn
-
Lot Size: 25200
-
Acres: 0.5790
-
Year Built: 1908
-
Zoning: UFD
-
Gross tax: $31,510.00
Building
Total Building SF: 20,700
Ceiling Height: 11ft-14ft
Utilities
Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Gas Heat, Central Air
Water Source: City Water
Sewer: City Sewer
IDX information is provided exclusively for customers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties in which consumers may have an interest. The data provided is deemed reliable but is not guaranteed accurate by the MLS, GLD Commercial and/or its affiliates.