$759,500

305 2nd Street SE #5th Floor

Cedar Rapids IA, 52401

Description

A great chance to purchase the entire top floor of the historic Paramount Building! Great views of downtown Cedar Rapids. Features include: Newer finishes, fully furnished, with 10 large perimeter offices currently set up with 2 work stations each, 22 interior work stations, reception area, 2 conference rooms, 2 break rooms, 2 IT rooms. High end finishes throughout, including the common areas. An investor could also lease this space almost right down the middle with approximately 3,640 sq. ft. available to each tenant. Lease rate is 1st year incentive. Years 2 & 3: $9.95/SF

Details

MLS#1800438
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Year1927
Days On Site476

Features

Story(s)1
ZoningC-4
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Area Information
StateIA
CountyLinn
CityCedar Rapids
Zip Code52401
AreaLinn
Listing VS Median (in 52401)
Price:
$759,500
low | high
Med:
$0
On Site:
476
low | high
Med:
80
100% of Average
Listing Updated: 09/21/2020
Matt Sedrel LogoMLS Number: 1800438
Listing Provided By:
Matt Sedrel  of  SKOGMAN REALTY CORRIDOR