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420 12th Avenue SE , Floor 1

Cedar Rapids, IA 52401
  • $600,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 2501375
UPDATED: 19 min ago
$600,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,680
    SQFT
  • $163
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2016
County:
Area:

School Ratings & Info

Description

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.

Monthly Payment Calculator

© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2025-03-23T10:42:53.42.
www.buyandselliowa.com/homes/161044297
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420 12th Avenue SE , Floor 1 Cedar Rapids, IA 52401

  • Price: $600,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 19 min ago
  • MLS #: 2501375
0
Beds
0
Baths
0
½ Baths
N/A
Acres
3,680
SQFT
$163
$/SQFT
2016
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Property Description
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.
Exterior Features

Construction Materials Block Pre- Cast Concrete Concrete Stone Veneer Exterior Features Sprinkler / Irrigation Parking Features Off Street Roof Membrane

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Heating YN Yes Interior Features Storage Window Features Display Window(s)

Property Features

Association Fee 1088 Association Fee Frequency Monthly Association YN Yes Building Features Elevator(s) Janitorial Service Multi- Tenant Overhead Doors Private Restrooms Pole Sign Business Name The Depot Bldg Electric 220 Volts Inclusions Building See Remarks Lease Considered YN No Listing Terms Cash1031 Exchange Possession Negotiable Property Sub Type Office Property Sub Type Additional Office Retail Investment Security Features Security System Security Lights Sewer Public Sewer Tax Annual Amount 21582 Utilities Electricity Available Natural Gas Available Water Source Public Zoning U- NG Zoning Description U- NG

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Rachel Waters of GLD COMMERCIAL: 319-731-3400.
© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2025-03-23T10:42:53.42.
 
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Key Realty
4403 1st AV NE, STE 503
Cedar Rapids IA, 52402