420 12th AVE SE #Floor 2, Cedar Rapids, IA 52401
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420 12th AVE SE #Floor 2, Cedar Rapids, IA 52401
420 12th AVE SE #Floor 2, Cedar Rapids, IA 52401
420 12th AVE SE #Floor 2, Cedar Rapids, IA 52401
420 12th AVE SE #Floor 2, Cedar Rapids, IA 52401
Ethan Graham
Ethan Graham

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+1(319) 777-1254

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$ 700,000

$ 775,000 9.7%

Est. payment /mo
Sold on 09/11/2026

420 12th AVE SE #Floor 2 Cedar Rapids, IA 52401

19,233 SqFt

UPDATED:

Key Details

Sold Price $700,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 19,233 sqft

Price per Sqft $36

MLS Listing ID 2602437

Sold Date 09/11/26

HOA Fees $1,212/mo

HOA Y/N Yes

Total Fin. Sqft 19233

Year Built 2016

Annual Tax Amount $17,472

Property Sub-Type Office

Property Description

STUDS IN-REAL ESTATE WITH A 95% TIF FOR SALE Depot Building B Commercial Space floor 2 with 5,000 Sq Ft 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.

Location

State IA

County Linn

Area Se Quadrant

Zoning Comm UNG

Interior

Interior Features Storage

Heating Central, Gas

Cooling Central Air

Flooring Concrete, See Remarks

Fireplace No

Window Features Display Window(s)

Exterior

Exterior Feature Sprinkler/Irrigation

Parking Features Off Street

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Membrane

Building

Building Description Pre-Cast Concrete, Elevator(s),Janitorial Service,Multi-Tenant,Overhead Doors,Private Restrooms,Pole Sign

Story 5

Sewer Public Sewer

Water Public

Structure Type Pre-Cast Concrete

Others

Tax ID 142725900701006

Security Features Security System,Security Lights

Acceptable Financing Cash, Other

Membership Fee Required 1212.0

Listing Terms Cash, Other

Listed by SKOGMAN REALTY
Bought with Cedar Rapids Area Association of REALTORS
Ethan Graham

Ethan Graham

Agent

+1(319) 777-1254

GET MORE INFORMATION

Name
Phone*
Message

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420 12th AVE SE #Floor 2