420 12th Ave Se Unit Floor 1, Cedar Rapids, IA 52401

$525,000
19,233
SqFt

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List Price
$525,000
MLS#
2602434
Status
ACTIVE
County
Linn
City
Cedar Rapids
Living Area
19,233

Property Description

STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE Depot Building B Commercial Space floor 1 with 3,680 Sq Ft located in the NewBo Arts & Entertainment District. Unique opportunity with excellent walkability, incredible corner visibility, signage, monument and oversized commercial windows. Floor 1 offers a flex space with warehouse opportunity and an 8’ commercial insulated door. 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. 15 common parking spots. Immediate possession. Pass through expense includes the HOA fee to the Depot and Salon Flats. Monthly HOA fee available.

Additional Information

Days on Market
129
Year Built
2016
Stories
5
Interior Features
Storage
Cooling
Central Air
Heating
Central
Exterior Features
Sprinkler System
Roof
Membrane
Hoa Fee
$908
HOA Fee Frequency
Monthly

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Calculator source: Real Geeks

Listing courtesy of SKOGMAN REALTY.