1221* Park Place NE, Cedar Rapids, IA 52402
MLS Number: 2501220 |
Subtype: Commercial | Area: NE Quadrant
$
2,728,000
*Also includes 1231 Park Place NE & 5021 Duffy Dr NE, Cedar Rapids. Prime 3 building, multi-tenant office investment opportunity off HW-100/Collins Rd NE, adjacent to Panera Bread. Enjoy consistent occupancy, excellent parking, and effortless I-380 access. Well-maintained buildings with a proven track record. It currently has approximately 87% occupancy with the potential for rent lift and additional upside through additional leasing.
Property
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County: Linn
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Lot Size: Irregular
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Acres: 0.0000
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Year Built: 1983
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Zoning: Sub Mix
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Gross tax: $83,082.00
Building
Total Building SF: 32,375
Ceiling Height: 7ft-10ft
Utilities
Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Gas Heat, Central Air
Water Source: City Water
Sewer: City Sewer
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