Property Description

Prime Investment Opportunity in the Heart of the NewBo District.
This exceptional property is located in the vibrant and growing NewBo District, a hub for thriving local businesses. The building boasts a diverse range of tenants, with popular restaurants Brewhemia and Lacayo anchoring the main level. Additionally, an administrative office for the well-known Watts Group adds to the commercial appeal. The second floor features The Olympic South Side Theater, a stunning event space ideal for weddings, concerts, and private gatherings. The sale also includes an adjacent parking lot, adding significant value and convenience. For further details, contact the listing agents.

Features
: Central, Gas
: Central Air
: Sprinkler/Irrigation
: Concrete
: Storage
: Public Sewer
: Electricity Available, Natural Gas Available
: Display Window(s)
Address Map
IA
Linn
Cedar Rapids
52403
3rd
1202
Street
W92° 20' 32.1''
N41° 58' 12.9''
Corner of 12th Ave and 3rd St SE in NewBo
SE Quadrant
SE
UFD
MLS Addon
SKOGMAN REALTY
John Beardsworth
$0
$0
$0
$0
$0
Additional Information
: Frame, Block, Concrete
25200
2024-09-05
3750000
https://www.propertypanorama.com/instaview/cdr/2406170
: Public
Financial
31510.0
Listing Information
Steve White
whitesteve121
CSKN05
SKOGMAN REALTY COMMERCIAL
beardsworthj121
CSKN
Cash,Contract,1031 Exchange,Lease,Lease Option,Other
Active
2024-12-18T19:57:06Z
CDR
2024-09-05T16:10:56Z

1202 3rd Street Se, Cedar Rapids, Iowa 52403 - Commercial Sale For Sale

1202 3rd Street Se, Cedar Rapids, Iowa 52403

20,700
$3,375,000
Listing ID #2406170
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2406170
Price : $3,375,000
Square Footage : 20,700
Year Built : 1908
Lot Area : 0.58 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Investment
Roof : Membrane
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent