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.

Features
: Central
: Central Air
: Sprinkler/Irrigation
: Concrete
: Storage
: Public Sewer
: Electricity Available, Natural Gas Available
: Display Window(s)
Address Map
IA
Linn
Cedar Rapids
52401
12th
420
Avenue
W92° 20' 35.9''
N41° 58' 16.2''
12th Ave SE directly next to NewBo City Market, Across 12th Ave from the Geonetric Building
SE Quadrant
SE
Floor 2
U-NG
MLS Addon
GLD COMMERCIAL
Rachel Waters
Sqft0
Sqft0
Sqft0
Sqft0
Sqft0
Additional Information
: Block, Concrete, Pre-Cast Concrete, Stone Veneer
220 Volts
2025-03-03
5
5
https://www.propertypanorama.com/instaview/cdr/2501376
: Public
Financial
1396.0
Monthly
1
17452.0
Listing Information
Angie Glick
glickangie121
CGLDC
GLD COMMERCIAL
watersrachel121
CGLDC
Cash,1031 Exchange,Lease,Lease Option
Active
2025-04-15T16:37:06Z
CDR
2025-03-03T16:23:06Z

420 12th Avenue Se Floor 2, Cedar Rapids, Iowa 52401 - Commercial Lease For Rent

420 12th Avenue Se Floor 2, Cedar Rapids, Iowa 52401

5,000 Sqft
$907,500
Listing ID #2501376
Basic Details
Property Type : Commercial Lease
Listing Type : For Rent
Listing ID : 2501376
Price : $907,500
Square Footage : 5,000 Sqft
Year Built : 2016
Status : Active
F 150 : Off Street
Property Sub Type : Retail
Roof : Membrane
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent