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305 2nd Street SE , 5th Floor

Cedar Rapids, IA 52401
  • $449,000
  • STATUS: Active
  • ON SITE: 2508 Days
  • MLS #: 1800438
UPDATED: 64 min ago
$449,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,285
    SQFT
  • $62
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1927
County:
Area:

School Ratings & Info

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

© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2024-12-05T19:42:40.903.
www.cedarrapidsareahomes.com/homes/80156991
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305 2nd Street SE , 5th Floor Cedar Rapids, IA 52401

  • Price: $449,000
  • Status: Active
  • On Site: 2508 Days
  • Updated: 64 min ago
  • MLS #: 1800438
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,285
SQFT
$62
$/SQFT
1927
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
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
Exterior Features

Construction Materials Block Concrete Exterior Features Sprinkler / Irrigation Roof Membrane

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Gas Heating YN Yes Interior Features Storage

Property Features

Building Features Elevator(s) Kitchen Facilities Loading Dock Multi- Tenant Private Restrooms See Remarks Business Name Paramount Bldg Electric 220 Volts Inclusions Building See Remarks Leasable Area 7285 Lease Considered YN Yes Listing Terms Cash Lease Lease Option Possession Close Of Escrow Property Sub Type Office Property Sub Type Additional Office Investment Security Features Security System Sewer Public Sewer Tax Annual Amount 22919 Tenant Pays Common Area Maintenance Electricity Heat Insurance Janitorial Service Taxes Trash Collection Water Utilities Electricity Available Natural Gas Available Water Source Public Zoning C-4 Zoning Description C-4

Listing information © 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Matt Sedrel of SKOGMAN REALTY CORRIDOR: 319-366-5559.
© 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2024-12-05T19:42:40.903.
 
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