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301 SW 2nd Avenue

Cedar Rapids, IA 52404
  • $4,744
  • STATUS: Active
  • ON SITE: 273 Days
  • MLS #: 202305385
UPDATED: 68 min ago
$4,744
  • 0
    BEDS
  • 0.09
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,558
    SQFT
  • $1
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1956
County:
Area:

School Information

Elementary School:
Middle School:
High School:

Description

Prime retail/office/Special Purpose space For Lease in vibrant Kingston Village District. Conveniently located off I-380 in the heart of downtown Cedar Rapids. This unique property offers an open floor plan, abundant natural light through multiple large windows, and ample off-street paved parking to the rear. Situated next to Kingston Yard, the location enjoys the benefits of being part of an approximately $100M trendy destination-style development, offering a synergy of year-round activity and foot traffic. Lease rate subject to annual increases. 36-month lease minimum required. One owner is a licensed real estate agent in the State of Iowa. Possession: Immediate, 36-month lease minimum required. *SOC is 3% of the gross sale price. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement. SOC 3% of the first $1,000,000 of primary term aggregate base rent; 2.5% of the next $1,000,000 of primary term aggregate base rent; 2% of the next $1,000,000 of primary term aggregate base rent and 1.5% of the primary term aggregate base rent thereafter.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-07-12T07:26:18.46
www.gwenjohnson.com/homes/144336068
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301 SW 2nd Avenue Cedar Rapids, IA 52404

  • Price: $4,744
  • Status: Active
  • On Site: 273 Days
  • Updated: 68 min ago
  • MLS #: 202305385
0
Beds
0
Baths
0
½ Baths
0.09
Acres
3,558
SQFT
$1
$/SQFT
1956
Built
Neighborhood:
Out Of Area
County:
Linn
Area:
Out Of Area
Elementary School:
College Comm
Middle School:
College Comm
High School:
Prairie
Property Description
Prime retail/office/Special Purpose space For Lease in vibrant Kingston Village District. Conveniently located off I-380 in the heart of downtown Cedar Rapids. This unique property offers an open floor plan, abundant natural light through multiple large windows, and ample off-street paved parking to the rear. Situated next to Kingston Yard, the location enjoys the benefits of being part of an approximately $100M trendy destination-style development, offering a synergy of year-round activity and foot traffic. Lease rate subject to annual increases. 36-month lease minimum required. One owner is a licensed real estate agent in the State of Iowa. Possession: Immediate, 36-month lease minimum required. *SOC is 3% of the gross sale price. Commissions on total lease values >= to $200,000 - 50% lease execution, 50% rent commencement. Commissions on total lease values <$200,000 - 100% rent commencement. SOC 3% of the first $1,000,000 of primary term aggregate base rent; 2.5% of the next $1,000,000 of primary term aggregate base rent; 2% of the next $1,000,000 of primary term aggregate base rent and 1.5% of the primary term aggregate base rent thereafter.
Exterior Features

Construction Materials BlockFrame Lot Size Acre Range LessThanHalfAcre Lot Size Dimensions 4020 Road Frontage Type CountyRoad Roof Composition

Interior Features

Bathrooms Total Integer 0 Cooling CentralAir Flooring ConcreteSlabGrade Heating Central Interior Features ZeroStepEntry

Property Features

Auction Online Bid YN No Business Type OfficeBuildingRetailOther Buyer Financing Other Commercial Building Features DisplayWindow Common Area Maintenance 2.5 Compensation Remarks 3.0% Slide Existing Lease Type Net Expiration Date 2024-10-31 Green Verification YN No Listing Terms Other Possession Other Property Sub Type Retail Special Features None Tax Annual Amount 5313.83 Tax Year 2022 Utilities ElectricityAvailableSewerAvailablePhoneAvailableUndergroundUtilitiesCityWater Zoning U-NG

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Craig Byers of Q4 Real Estate: 319-294-3339.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-07-12T07:26:18.46
 
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