Description

This versatile multi-tenant office building offers significant future leasing potential and is strategically positioned in a sought-after area with excellent connectivity to major highways, including Hwy 100 and I-380. Spanning 7,360 SF on over 1.5 acres, the property features ample onsite parking with 44 spaces. Built in 1992, the building has seen recent updates to Suite A, adding a modern touch to its interior. Currently configured for two tenants, it offers a flexible setup that allows for continued multi-tenant use or conversion to a single-tenant layout, maximizing leasing opportunities. Cedar Rapids Pain Associates occupies 4,106 SF under a NNN lease at $11.75/SF through January 31, 2025, generating stable income for an owner-user or investor. Priced below market compared to similar properties in the area, this property represents a unique opportunity to capitalize on a prime location and secure long-term value.

Listing ID #2400854

Commercial Sale For Sale

4201 Glass, Cedar Rapids, Iowa 52402

$825,000
Beds0
Square Feet7,360
Construction Year1992
Lot Size1.64 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52402
Baths0
Status CategoryActive
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Agent info
GLD COMMERCIAL
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Features
2400854
Commercial Sale
7,360 Sqft
1992
Frame
Yes
Take I-380 to Glass Road Exit and head West. Building will be on your left or take Edgewood Road and turn East onto Glass Road, building will be on your right.
Additional Details
1.64 Acre
Central Air
Central
Shingle Asphalt
2024-02-08 00:00:00
1.64 Ac

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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