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420 12th Avenue SE #Floor 1, Cedar Rapids, IA 52401

MLS Number: 2501375   |   Subtype: Commercial   |   Area: SE Quadrant
$ 600,000
Investment Opportunity: Floor 1 for Sale! This versatile 2,850 SF space offers a modern industrial design which highlights include: two entrances, security cameras, welcoming vestibule, restroom, drinking fountain, kitchenette, large windows with UV tint, overhead sprinklers, fiber internet, and plumbing available for a second restroom, two independent HVAC systems and ample parking. Approximately 2,000 SF is retail/office space and 850 SF of warehouse with an 8ft. overhead door. This space is currently leased until April 2027 and will transfer over. TIF Schedule of 7 years remaining at 95% will also transfer. Floor 2 is also for sale by the same investor. Each floor is individually owned and parceled. An NDA is required to access financials and additional details. Please contact the listing agent for showing instructions and further information.

Property

  • County: Linn
  • Lot Size: 0
  • Acres: 0.0000
  • Year Built: 2016
  • Zoning: U-NG
  • Gross tax: $21,582.00

Building

Total Building SF: 3,680
Ceiling Height: 11ft-14ft

Utilities

Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Central Air
Water Source: City Water
Sewer: City Sewer

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