Property Description

Prime multi-tenant office investment opportunity off HW-100/Collins Rd NE, adjacent to Panera Bread. Enjoy consistent occupancy, excellent parking, and effortless I-380 access. Well-maintained buildings with a proven track record. It currently has approximately 80% occupancy with the potential for rent lift and additional upside through additional leasing.

Features
: Central, Gas
: Central Air
: Carpet
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52402
Park
1231
Place
W92° 20' 48.7''
N42° 1' 48.4''
Collins Road NE to north on Council Street then right on Park Place NE
NE Quadrant
NE
Sub Mix
MLS Addon
SKOGMAN REALTY COMMERCIAL
Tiffany Earl Williams
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Additional Information
: Frame
220 Volts
: One
1.38 Acre
2025-02-24
1
1
https://www.propertypanorama.com/instaview/cdr/2501218
: Public
Financial
32090.0
Listing Information
earltiffany121
CSKN05
Cash
Active
2025-03-30T23:00:21Z
CDR
2025-02-24T12:47:31Z

1231 Park Place Ne, Cedar Rapids, Iowa 52402 - Commercial Sale For Sale

1231 Park Place Ne, Cedar Rapids, Iowa 52402

12,500 Sqft
$990,000
Listing ID #2501218
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2501218
Price : $990,000
Square Footage : 12,500 Sqft
Year Built : 1983
Lot Area : 1.38 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Investment
Roof : Membrane
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent