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420 12th Avenue SE , Floor 2

Cedar Rapids, IA 52401
  • $775,000
  • STATUS: Active
  • ON SITE: 5 Days
  • MLS #: 2602437
New On Site 5 Days Ago
UPDATED: 47 min ago
$775,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,233
    SQFT
  • $40
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2016
County:
Area:

School Ratings & Info

Description

STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE Depot Building B Commercial Space floor 2 with 5,000 Sq Ft located in the NewBo Arts & Entertainment District. Unique opportunity with excellent walkability, incredible corner visibility, signage, monument and oversized commercial windows. Build out plans available. 2 entrances- one South facing 12th Avenue (16,800+ cars / day, Source AADT) and another in the parking lot adjacent to the Newbo Market. Each floor individually owned and parceled. Secure access, inviting vestibule with sitting area, elevator access- Ambulatory, mail station, industrial modern design, large display, and scenic windows with energy efficient UV film. The building offers exposed duct work, emergency lighting, overhead sprinklers, monitored fire alarms and extinguishers, Fiber internet, and security cameras. Convenient and up to date codes with ADA Compliance, 2 emergency stairwells, 4’6’ common hallway, drinking fountain, mop sink, kitchenette, and break room. Construction plans available with CAD access, concrete walls and flooring, gypcrete between floors 2 and 3 wood framing, and multi zoned HVAC systems and water heaters. Parking option at the front and back of the building. Immediate possession. Pass through expense includes the HOA fee to the Depot and Salon Flats. Monthly HOA fee available.

Monthly Payment Calculator

© 2026 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: 2026-05-11T17:42:36.017.
www.buyandselliowa.com/homes/176113969
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420 12th Avenue SE , Floor 2 Cedar Rapids, IA 52401

  • Price: $775,000
  • Status: Active
  • On Site: 5 Days
  • Updated: 47 min ago
  • MLS #: 2602437
0
Beds
0
Baths
0
½ Baths
N/A
Acres
19,233
SQFT
$40
$/SQFT
2016
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Property Description
STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE Depot Building B Commercial Space floor 2 with 5,000 Sq Ft located in the NewBo Arts & Entertainment District. Unique opportunity with excellent walkability, incredible corner visibility, signage, monument and oversized commercial windows. Build out plans available. 2 entrances- one South facing 12th Avenue (16,800+ cars / day, Source AADT) and another in the parking lot adjacent to the Newbo Market. Each floor individually owned and parceled. Secure access, inviting vestibule with sitting area, elevator access- Ambulatory, mail station, industrial modern design, large display, and scenic windows with energy efficient UV film. The building offers exposed duct work, emergency lighting, overhead sprinklers, monitored fire alarms and extinguishers, Fiber internet, and security cameras. Convenient and up to date codes with ADA Compliance, 2 emergency stairwells, 4’6’ common hallway, drinking fountain, mop sink, kitchenette, and break room. Construction plans available with CAD access, concrete walls and flooring, gypcrete between floors 2 and 3 wood framing, and multi zoned HVAC systems and water heaters. Parking option at the front and back of the building. Immediate possession. Pass through expense includes the HOA fee to the Depot and Salon Flats. Monthly HOA fee available.
Exterior Features

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

Interior Features

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

Property Features

Association Fee 1136 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 Electric See Remarks220 Volts Lease Considered YN No Listing Terms Cash Other Owner Pays See Remarks Possession Immediately Property Sub Type Office Property Sub Type Additional Office Retail Investment Security Features Security System Security Lights Sewer Public Sewer Tax Annual Amount 17472 Utilities Electricity Available Natural Gas Available Water Source Public Zoning Comm UNG Zoning Description Comm UNG

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Heather Morris of SKOGMAN REALTY: 319-366-6427.
© 2026 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: 2026-05-11T17:42:36.017.
 
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Key Realty
4403 1st Av SE, #300
Cedar Rapids IA, 52402