420 12th Avenue SE Lot #Floor 2 Cedar Rapids IA, MLS 2501376

420 12th Avenue SE #Floor 2, Cedar Rapids, IA 52401

MLS Number: 2501376 | Subtype: Commercial | Area: SE Quadrant

$ 15.95 /SF

$ 907,500

For Sale or Lease! This modern, industrial building is perfect for retail, health providers or office users seeking a vibrant and attractive workspace in the heart of the lively NewBo neighborhood. Highlights include two entrances, large retail windows, 2 large restrooms, fiber internet, laundry hook ups, elevator and stair access, large common 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. This space was originally built out and housed a salon with 7 additional private rooms down the hall, but the possibilities are endless for the future buyer or tenant. Floor 1 is also for sale and lease. An NDA is required to access financials. For showing instructions and other inquiries, please contact the listing agent.

Property

County: Linn
Lot Size: 0
Acres: 0.0000

Year Built: 2016
Zoning: U-NG
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

Lease Terms

Lease Type: Net
Lease Price per SF: $15.95
Tenant Pays: Common Area Maintenance, Electricity, Gas, Heat, Insurance, Janitorial Service, Taxes, Trash Collection, Water

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420 12th Avenue SE #Floor 2, Cedar Rapids, IA 52401

Property

Building

Utilities

Lease Terms

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