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305 2nd Street Se, Unit 5th Floor, Cedar Rapids, IA 52401

$650,000.00 • $8.95
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Featured Listing
SQUARE FEET7,285 MLS#1800438 TRANSACTIONSale/Lease
STATUSActive TOTAL SQFT7, 285 SUB TYPESInvestment, Office PROPERTY TYPECommercial - Investment

Property 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

Property Features

Property Type: Commercial - Investment
Days on Market: 1714
Roof Type: Membrane
Taxes: $22,919
Year Built: 1927

Feature Descriptions

Building: Multi Tenant
Construction: Concrete Block
Flooring: Concrete Slab
Heating/Cooling: Central Air, Central Heat, Gas Heat
Lease Sqft Minimum: 7,285
Lease Type: NET
Lot Dimensions: Common
Miscellaneous: Elevator, Kitchen Facility, Loading Dock, Rest Rooms, Security System, Sprinkler, Storage Area, See Remarks
Power: 220 Volt
Security: yes
Sqft Lease Price: $8.95
Sqft Total: 7,285
Sub Types: Investment, Office
Tenants Responsibilities: Re Tax, Insurance, CAM, Improvment, Janitorial, Heating, Water, Electricity, Trash Collection
Terms: Cash, Lease
Transaction Type: Sale/Lease
Utilities: Electric, Gas
Water/Sewer/Roads: City Sewer, City Water
Zoning: C-4

Listed By / Shown By

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Listed By

Agency Name: SKOGMAN REALTY CORRIDOR
Agent Name: Matt Sedrel


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Co-Listed By

Agency Name: SKOGMAN REALTY CORRIDOR
Agency Phone: (319) 573-4509
Agent Name: Karl Hoffman

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