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Description

STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE Depot Building B Commercial Space floor 2 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. 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.

Listing ID #2602437

Commercial Sale

420 12th Avenue SE Unit Floor 2
Cedar Rapids, Iowa 52401

$775,000
Square Feet19,233
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52401
StatusActive
Virtual Tour: View Tour
Listing Agent
Heather Morris
SKOGMAN REALTY
Mortgage Calculator
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Features
2602437
19,233 Sqft
Off Street
Sprinkler/Irrigation
Pre-Cast Concrete
5
12th Ave SE adjacent to the Newbo City Market
Additional Details
Central Air
Central, Gas
Membrane
Storage
05-05-2026
Common
1136.0

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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