420 12th Avenue SE #Floor 2, Cedar Rapids, IA 52401
MLS Number: 2501376 |
Subtype: Commercial | Area: SE Quadrant
$
907,500
Investment Opportunity: Floor 2 for Sale! This fully-built-out salon on the second floor offers a premium setup for salon professionals. Features include: large windows, waiting/reception area, 12 stylist stations, 4 shampoo bowls, breakroom with laundry hookups, color mixing bar, 13 built-in lockers for storage, three rooms, two pedicure chairs and 7 additional salon suites down the hall providing extra rental income. Other amenities include an elevator and stair access, large vestibule with seating, mail station, sprinkler system, monitored fire alarms, security cameras and ample parking. The TIF Schedule has 7 years remaining at 95% which will transfer to the new owner. The investor is also selling Floor 1, though each floor is individually owned and parceled. An NDA is required to access financials. For showing instructions and other inquiries, please contact the listing agent.
Property
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County: Linn
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Lot Size: 0
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Acres: 0.0000
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Year Built: 2016
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Zoning: U-NG
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Gross tax: $17,452.00
Building
Total Building SF: 5,000
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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