Commercial For Sale
7,285 Sqft - 305 2nd Street SE 5th Floor, Unit 5th Floor, Cedar Rapids, Iowa 52401
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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

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

Basic Details
Property Type:
Commercial
Listing Type:
For Sale
Listing ID:
1800438
Price:
$525,000
Beds:
0
Total Full Baths:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
7,285 Sqft
Construction Year:
1927
Lot Size:
0 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52401
Unit #:
5th Floor
Status Category:
Active
Features
Heating Fuel:
Central, Gas
Cooling System:
Central Air
Roof:
Membrane
Exterior:
Sprinkler/irrigation
Interior:
Storage
Possession:
Close Of Escrow
Address Map
Street:
305 2nd Street SE 5th Floor
Floor Number:
0
Longitude:
E0° 0' 0''
Latitude:
N0° 0' 0''
More Information
Office Name:
SKOGMAN REALTY CORRIDOR
Virtual Tour2:
Click here
Directions:
Corner of 3rd Ave SE and 2nd St SE- 5th floor of Paramount Building
Zoning:
C-4
Lot Dimensions:
Common
LA1Agent Logon Name:
sedrelmatt121
LA1Agent First Name:
Matt
LA1Agent Last Name:
Sedrel
LO1Main Office ID:
CSKN06
PriceChangeTimestamp:
07-14-2023
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Matt Sedrel
SKOGMAN REALTY CORRIDOR
Additional Details
Central Air
Sprinkler/irrigation
Storage
Close Of Escrow
01/16/2023
Corner of 3rd Ave SE and 2nd St SE- 5th floor of Paramount Building
Common
Urban Acres Real Estate