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420 12th Avenue SE , Floor 2

Cedar Rapids, IA 52401
  • $907,500
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 2501376
UPDATED: 48 min ago
$907,500
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,000
    SQFT
  • $182
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
2016
County:
Area:

School Ratings & Info

Description

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.

© 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 Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-04-20T20:42:34.69.
www.realtybrotherscr.com/homes/161044296
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420 12th Avenue SE , Floor 2 Cedar Rapids, IA 52401

  • Price: $907,500
  • Status: Active
  • On Site: 47 Days
  • Updated: 48 min ago
  • MLS #: 2501376
0
Beds
0
Baths
0
½ Baths
N/A
Acres
5,000
SQFT
$182
$/SQFT
2016
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Property Description
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.
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 1396 Association Fee Frequency Monthly Association YN Yes Building Features Elevator(s) Janitorial Service Multi- Tenant Private Restrooms Pole Sign Business Name The Depot Bldg Electric 220 Volts Inclusions Building See Remarks Leasable Area 5000 Lease Considered YN Yes Listing Terms Cash1031 Exchange Lease Lease Option Possession Negotiable Property Sub Type Retail Property Sub Type Additional Retail Investment Security Features Security System Security Lights Sewer Public Sewer Tax Annual Amount 17452 Tenant Pays Common Area Maintenance Electricity Gas Heat Insurance Janitorial Service Taxes Trash Collection Water 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 Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-04-20T20:42:34.69.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411