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Listed price in listed location currency (USD).
$1,500,000

000

MLS® 2602439

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 19233 sqft
Garage 
Taxes $34,944
Days Active 0
Lot Size 
Approx. Age 2016
Avg. Price Per Sqft $77
MLS® Number 2602439

Property Address: floors-2-and-3-420 12th Avenue Se, Cedar Rapids, IA, 52401

Average square foot calculated using Size range provided by listing agent.

Description

STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE Depot Building B Commercial Space floors 2 & 3 located in the NewBo Arts & Entertainment District. Unique opportunity with excellent walkability, incredible corner visibility, signage, monument and oversized commercial windows. Build out plans available. 2 entrances- one South facing 12th Avenue (16, 800+ cars / day, Source AADT) and another in the parking lot adjacent to the Newbo Market. Each floor individually owned and parceled, floor 2- 5, 000 sq ft, floor 3- 5, 000 sq ft). Secure access, inviting vestibule with sitting area, elevator access- Ambulatory, mail station, industrial modern design, large display, and scenic windows with energy efficient UV film. The building offers exposed duct work, emergency lighting, overhead sprinklers, monitored fire alarms and extinguishers, Fiber internet, and security cameras. Convenient and up to date codes with ADA Compliance, 2 emergency stairwells, 4’6’ common hallway, drinking fountain, mop sink, kitchenette, and break room. Construction plans available with CAD access, concrete walls and flooring, gypcrete between floors 2 and 3 wood framing, and multi zoned HVAC systems and water heaters. Parking option at the front and back of the building. Immediate possession. Pass through expense includes the HOA fee to the Depot and Salon Flats. Monthly HOA fee available.
MLS® Number2602439
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age2016
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 5, 2026List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
420 12Th Avenue Se, Cedar Rapids, IA

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