Properties

PROPERTY DETAILS
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.

Property Type : Commercial Sale
Listing ID : 2501375
Listing Type : For Sale
Price : $600,000
Year Built : 2016
Building Area Total : 3680
Lease Amount Unit : Dollars Per Square Foot
Property Type : Office
Area : SE Quadrant
Listing Status : Active
Property Sub Type : Office
Roof : Membrane
Property Subtype : Office
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.

Features
: Off Street
: Sprinkler/Irrigation
: Concrete
: Storage
: Public Sewer
: Electricity Available , Natural Gas Available
: Display Window(s)
Address Map
US
IA
Linn
Cedar Rapids
52401
12th
420
Avenue
12th Ave SE directly next to NewBo City Market, Across 12th Ave from the Geonetric Building
SE Quadrant
SE
Floor 1
U-NG
More Information
GLD COMMERCIAL
Rachel Waters
$0
$0
$0
Additional Information
: Block , Concrete , Stone Veneer , Pre-Cast Concrete
220 Volts
2025-03-03
5
5
https://www.propertypanorama.com/instaview/cdr/2501375
: Public
Financial
1088.0
Monthly
1
21582.0
Listing Information
Angie Glick
glickangie121
CGLDC
GLD COMMERCIAL
watersrachel121
CGLDC
Cash,1031 Exchange
Active
2025-03-04T00:00:47Z
CDR
2025-03-03T16:17:00Z

420 12th Avenue Se Floor 1, Cedar Rapids, Iowa 52401

420 12th Avenue Se Floor 1, Cedar Rapids, Iowa 52401

List Price: $600,000.00
Listing ID#2501375
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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

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