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5250/5270/5300/5340 North Park Place NE

Cedar Rapids, IA 52402
  • $1,795,000
  • STATUS: Active
  • ON SITE: 69 Days
  • MLS #: 2407857
UPDATED: 50 min ago
$1,795,000
  • 0
    BEDS
  • 3.8
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 53,722
    SQFT
  • $33
    $/SQFT
Neighborhood:
NE Quadrant
Type:
Commercial
Built:
1978
County:
Linn
Area:
NE Quadrant

School Ratings & Info

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Description

Value Added opportunity. Well under Assessed value Opportunity to increase occupancy and revenue with some upgrades and hands on management. 4 Well located office buildings on 3.8 acres Just north of Hobby lobby with easy access to all Lindale area businesses Total of 53,722 Sf which calculates to only $33.41/sf Many units can be upgraded with paint and carpet only Excellent parking with easy access to Collins Rd and Blairsferry Rd

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© 2025 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: 2025-01-21T06:42:35.837.
www.cedarrapidsareahomes.com/homes/157790038
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5250/5270/5300/5340 North Park Place NE Cedar Rapids, IA 52402

  • Price: $1,795,000
  • Status: Active
  • On Site: 69 Days
  • Updated: 50 min ago
  • MLS #: 2407857
0
Beds
0
Baths
0
½ Baths
3.8
Acres
53,722
SQFT
$33
$/SQFT
1978
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Property Description
Value Added opportunity. Well under Assessed value Opportunity to increase occupancy and revenue with some upgrades and hands on management. 4 Well located office buildings on 3.8 acres Just north of Hobby lobby with easy access to all Lindale area businesses Total of 53,722 Sf which calculates to only $33.41/sf Many units can be upgraded with paint and carpet only Excellent parking with easy access to Collins Rd and Blairsferry Rd
Exterior Features

Construction Materials Frame Parking Features Off Street Roof Asphalt Shingle

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Carpet Concrete Heating Central Electric Gas Heating YN Yes Levels Two

Property Features

Building Features Elevator(s) Multi- Tenant Private Restrooms Pole Sign Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash1031 Exchange Owner Pays None Property Sub Type Office Property Sub Type Additional Office Sewer Public Sewer Tax Annual Amount 92438 Utilities Electricity Available Natural Gas Available Water Source Public Zoning SMURC Zoning Description SMURC

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Michael Shaffer of SKOGMAN REALTY COMMERCIAL: 319-363-8286.
© 2025 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: 2025-01-21T06:42:35.837.
 
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2252 Blairs Ferry Road
Hiawatha IA, 52233