425 2nd St SE

For Sale

425 2nd St SE, Cedar Rapids, IA 52401

This Cedar Rapids property for sale is located at 425 2nd St SE. The general use of 425 2nd St SE is office and it incorporates 164,640 square feet of class B office space. The current listed sale price for 425 2nd St SE is See Page 3.

Contacts

broker

Adam Gibbs, SIOR

GLD Commercial

(319) 731-3415

Property Details

  • Property Type Office - General Office
  • Property Size 164,640 SF
  • Property Tenancy Multi-Tenant
  • Building Class B
  • Year Built 1982
  • Date Updated Apr 2, 2024
Located in the heart of downtown Cedar Rapids within close proximity to several amenities, including the GTC Parking Ramp.FLOORS 1 AND 2: Once in a lifetime opportunity to purchase commercial real estate for $1.00! Contact listing agent for details. Ownership is highly motivated to put the units into production by virtually giving away the commercial condo units to qualified buyers or investors. HOA/Condo fees are approximately $5.35 - $5.65/SF/Yr, which includes HVAC and common area maintenance costs. These units are also available for lease at $7.00/SF gross plus desktop electric. Parking available in adjacent city ramp, which is connected by the skywalk. FLOORS 7 AND 10: Value Add Opportunity! Various configurations and unit sizes available on the 7th and 10 floors of the Plaza 425 building. Great opportunity to own your unit and/or purchase as an investment opportunity. Can be purchased for the cost of what similar spaces rent for each year! Contact listing agent for floor plans and information on condo association. HOA/Condo fees are approximately $5.35 - $5.65/SF/Yr, which includes HVAC and common area maintenance costsFloors 1 and 2: Once in a lifetime opportunity to purchase commercial real estate for $1.00! Contact listing agent for details. Ownership is highly motivated to put the units into production by virtually giving away the commercial condo units to qualified buyers or investors. HOA/Condo fees are approximately $5.90/SF/Yr, which includes HVAC and common area maintenance costs. These units are also available for lease at $7.00/SF gross plus desktop electric. Parking available in adjacent city ramp, which is connected by the skywalk. Floors 7 and 10: VALUE ADD OPPORTUNITY!! Various configurations and unit sizes available on the 7th and 10 floors of the Plaza 425 building. Great opportunity to own your unit and/or purchase as an investment opportunity. Can be purchased for the cost of what similar spaces rent for each year! Contact listing agent for floor plans and information on condo association.

Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Attachments

Getting around

  • 77/100

    Walk Score ®

  • 38/100

    Transit Score ®

  • 78/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Cedar Rapids, IA
  • Neighborhood Cedar Rapids
  • Zip Code 52401

Points of Interest

  • Casey's General Store

    0.28 miles

  • Caseys

    0.66 miles

  • Kum & Go

    0.77 miles

  • Fas Fuel

    1.10 miles

  • Conoco

    1.21 miles

  • Casey's General Store

    1.25 miles

  • Sinclair - Hawkeye

    1.26 miles

  • Fas Fuel

    1.42 miles

  • Hy-Vee Gas Station

    1.44 miles

  • Casey's General Store

    2.13 miles

  • 3rd Avenue Ramp

    0.15 miles

  • CRST Parking Garage

    0.16 miles

  • Five Seasons Parking Ramp

    0.36 miles

  • Immaculate Conception Catholic Church Parking

    0.55 miles

  • St Wenceslaus Catholic Church Parking

    0.62 miles

  • Excess Snow Storage Lot

    0.91 miles

  • Lower Andreas Lot

    1.90 miles

  • Upper Andreas Lot

    1.91 miles

  • Prairie Drive Lot

    2.08 miles

  • 27th Street Lot

    2.10 miles

  • Doubletree Hilton

    0.30 miles

  • DoubleTree by Hilton Hotel Cedar Rapids Convention Complex

    0.31 miles

  • Aspen Inn

    2.06 miles

  • Red Roof Inn

    2.06 miles

  • Economy Inn & Suites Cedar Rapids

    2.11 miles

  • Quality Inn South

    2.15 miles

  • Super 8 by Wyndham Cedar Rapids

    2.17 miles

  • Hampton Inn Cedar Rapids

    2.17 miles

  • Hometown Inn & Suites

    2.22 miles

  • Fairfield Inn & Suites Cedar Rapids

    2.23 miles

  • Babanur International Grocery

    1.08 miles

  • K.A.F.F. Oriental & African Market

    1.13 miles

  • Hy-Vee

    1.21 miles

  • Hy-Vee

    1.34 miles

  • Hy-Vee

    1.68 miles

  • Hy-Vee

    2.49 miles

  • New Pioneer Food Co-Op

    2.56 miles

  • ALDI

    2.85 miles

  • Hy-Vee

    2.88 miles

  • JCPenney

    3.10 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Adam Gibbs, SIOR

GLD Commercial

(319) 731-3415