123 5th St SE, Cedar Rapids, IA 52401
123 5th St SE, Cedar Rapids, IA 52401
123 5th St SE, Cedar Rapids, IA 52401
123 5th St SE, Cedar Rapids, IA 52401
123 5th St SE, Cedar Rapids, IA 52401
123 5th St SE, Cedar Rapids, IA 52401
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$ 3,200,000
Est. payment | /mo

0.74 Acres Lot


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$ 3,200,000
Est. payment | /mo
Save

0.74 Acres Lot

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

MLS Listing ID 202403561

Year Built 1903

Annual Tax Amount $67,222

Tax Year 2022

Lot Size 0.740 Acres

Acres 0.19

Property Sub-Type Office

Property Description

Invest in an iconic piece of Cedar Rapids history with this renovated 32,256 SF office building. Originally constructed by the Palmer School of Handwriting in 1903 and updated in 2010, this property blends historic charm with modern functionality. Premier leasing opportunity with approximately 8,000 SF per floor. Enjoy abundant light, open floor plans, and state-of-the art facilities designed to enhance productivity and comfort. Prominent location in the heart of downtown Cedar Rapids with excellent visibility and accessibility. Enjoy the convenience of nearby restaurants, making it a convenient location for employees and clients. With its central location, the area provides an ideal setting for businesses seeking a dynamic and engaging office environment.

Location

State IA

County Linn

Zoning Urban Form District

Direction Located on the corner of 5th St SE and 2nd Ave SE

Interior

Heating Steam

Cooling Central Air

Flooring Carpet

Exterior

Utilities Available Electricity Available, Sewer Available, Phone Available, City Water

Roof Type Other

Building

Lot Size Range Less Than Half Acre

Structure Type Brick,Frame

Others

Tax ID 14214-57001-00000

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by GLD Commercial Real Estate Advisors

NEARBY SCHOOLS & PROPERTIES

JJ Johannes

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(319) 540-1002

jj@thejohannesgroup.com

360 White Pine Street, Robins, IA, 52328, United States

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123 5th St SE