Cedar Rapids, IA Office Property For Sale

LOCATION OVERVIEW

Sited between Glass Rd and 42nd St NE of Edgewood Rd NE with easy access to Hwy 100.

PROPERTY OVERVIEW

Commercial lot located in excellent NE Cedar Rapids office park with parking field already in place (125 spaces). Remainder of existing building on the property is scheduled to be removed December, 2021. The ownership entity includes a licensed REALTOR in the state of Iowa.

PROPERTY HIGHLIGHTS

• NE commercial lot for sale

• 4.34 Acres

• 125 space parking field already in place

LOCATION OVERVIEW

Prime downtown Cedar Rapids location at the corner of 1st Avenue and 2nd Street.

PROPERTY OVERVIEW

Downtown investment property for sale. Excellent location on the corner of 1st Ave and 2nd Street SE. Main floor occupied by Barrel House restaurant, 2nd floor tenant is Michael's Energy and the 3rd floor is ready for an owner occupant. The 3rd floor includes 1 private office, 2 conference rooms, 2 dedicated unisex bathrooms, and a kitchenette/break room. The 2nd conference room could easily become a 2nd private office. Contact listing agent for existing tenant lease details.

PROPERTY HIGHLIGHTS

• Investment Property For Sale

• Excellent downtown Cedar Rapids location

• 3rd floor ready for owner/occupant

This sale includes the following assemblage:

• 222 3rd St SE

• 316 3rd Ave SE

• 360 3rd Ave SE

• 329 2nd Ave SE

LOCATION OVERVIEW

Located in the heart of downtown Cedar Rapids.

PROPERTY OVERVIEW

Downtown Cedar Rapids adaptive reuse opportunity. Former Guaranty Bank building, Old World Theater, former Dragon Restaurant, and one parking lot offered for sale totaling 101,302 SF on 1.59 acres. Sale includes 222 3rd St SE, 316 3rd Ave SE, 360 3rd Ave SE and 329 2nd Ave SE. Parcels: 14214-62014-00000; 142146201500000; 142146201600000; 142146201100000. Downtown Cedar Rapids is comprised of over 1,000 businesses with a daytime population of over 21,000, plus a residential population of approximately 3,200. Contact Listing Agent regarding reserved prospects.

PROPERTY HIGHLIGHTS

• Downtown adaptive reuse opportunity

• 101,302 SF on 1.59 acres

• Downtown daytime population exceeds 21,000

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers:

-Class A office building located off C St SW in Cedar Rapids, IA

-Easily Subdivided to as small as 2,200 SF

-Adjacent to Kirkwood Community College - with over 13,906

students

-Nearby amenities: Kirkwood Hotel & The Class Act Restaurant,

Jerseys Pub & Grub, Farrell’s eXtreme Bodyshaping, Quinton’s

Bar & Deli, Casey’s, on-site walking trail

-Built in 2013 and professionally maintained

-Surrounding businesses include: Transamerica, Aegon Asset

Management, Wells Fargo, Edward Jones, Jersey’s Pub & Grub,

Quinton’s Bar & Grill, Marco Technologies, and more

-Within 1 mile of Hwy 30 and I-380

-Fiber connectivity through ImOn Communications

-Parking Ratio: 7.81 per 1,000

-Load Factor: 1.24

LOCATION OVERVIEW

Located in the heart of downtown Cedar Rapids within close proximity to several amenities.

PROPERTY OVERVIEW

VALUE ADD OPPORTUNITY!! Various configurations and unit sizes available in the Plaza 425 building. Great opportunity to own your unit and/or purchase as an investment opportunity. Can be purchased for the cost of what similar spaces rent for each year! Contact listing agent for floor plans and information on condo association. Parking available in adjacent city ramp, which is connected by the skywalk.

PROPERTY HIGHLIGHTS

• Value add opportunity at Plaza 425

• Available: Floor 1, Floor 2, Floor 7, half of Floor 10

• Excellent downtown Cedar Rapids location