Properties

PROPERTY DETAILS
Property Description :

Prime Investment Opportunity in the Heart of the NewBo District.
This exceptional property is located in the vibrant and growing NewBo District, a hub for thriving local businesses. The building boasts a diverse range of tenants, with popular restaurants Brewhemia and Lacayo anchoring the main level. Additionally, an administrative office for the well-known Watts Group adds to the commercial appeal. The second floor features The Olympic South Side Theater, a stunning event space ideal for weddings, concerts, and private gatherings. The sale also includes an adjacent parking lot, adding significant value and convenience. For further details, contact the listing agents.

Property Type : Commercial Sale
Listing ID : 2406170
Listing Type : For Sale
Price : $3,750,000
Year Built : 1908
Lot Area : 0.58 Acre
Building Area Total : 20700
Lease Amount Unit : Dollars Per Square Foot
Property Type : Investment
Area : SE Quadrant
Listing Status : Active
Property Sub Type : Investment
Roof : Membrane
Property Subtype : Investment
Property Description

Prime Investment Opportunity in the Heart of the NewBo District.
This exceptional property is located in the vibrant and growing NewBo District, a hub for thriving local businesses. The building boasts a diverse range of tenants, with popular restaurants Brewhemia and Lacayo anchoring the main level. Additionally, an administrative office for the well-known Watts Group adds to the commercial appeal. The second floor features The Olympic South Side Theater, a stunning event space ideal for weddings, concerts, and private gatherings. The sale also includes an adjacent parking lot, adding significant value and convenience. For further details, contact the listing agents.

Features
: Off Street
: Sprinkler/Irrigation
: Concrete
: Storage
: Public Sewer
: Electricity Available , Natural Gas Available
: Display Window(s)
Address Map
US
IA
Linn
Cedar Rapids
52403
3rd
1202
Street
Corner of 12th Ave and 3rd St SE in NewBo
SE Quadrant
SE
UFD
More Information
SKOGMAN REALTY
John Beardsworth
$0
$0
$0
Additional Information
: Frame , Block , Concrete
25200
2024-09-05
https://www.propertypanorama.com/instaview/cdr/2406170
: Public
Financial
31510.0
Listing Information
Steve White
whitesteve121
CSKN05
SKOGMAN REALTY COMMERCIAL
beardsworthj121
CSKN
Cash,Contract,1031 Exchange,Lease,Lease Option,Other
Active
2024-09-10T16:15:56Z
CDR
2024-09-05T16:10:56Z

1202 3rd Street Se, Cedar Rapids, Iowa 52403

1202 3rd Street Se, Cedar Rapids, Iowa 52403

  • Lot Area: 0.58 Acre
List Price: $3,750,000.00
Listing ID#2406170
QR Code

Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

Get More Information

Agent info

Get More Information

Contact Agent