Cedar Rapids, IA 52402,4201 Glass RD NE
Cedar Rapids, IA 52402,4201 Glass RD NE
Cedar Rapids, IA 52402,4201 Glass RD NE
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$825,000
Est. payment /mo
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7,360 SqFt
Active

4201 Glass RD NE Cedar Rapids, IA 52402

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Tim Scherbring

Tim Scherbring

+1(319) 361-5111

UPDATED:

Key Details

Property Type Commercial

Sub Type Office

Listing Status Active

Purchase Type For Sale

Square Footage 7,360 sqft

Price per Sqft $112

MLS Listing ID 2400854

HOA Y/N No

Total Fin. Sqft 7360

Year Built 1992

Annual Tax Amount $24,984

Lot Size 1.640 Acres

Acres 1.64

Property Sub-Type Office

Property Description

This versatile multi-tenant office building offers significant future leasing potential and is strategically positioned in a sought-after area with excellent connectivity to major highways, including Hwy 100 and I-380. Spanning 7,360 SF on over 1.5 acres, the property features ample onsite parking with 44 spaces. Built in 1992, the building has seen recent updates to Suite A, adding a modern touch to its interior. Currently configured for two tenants, it offers a flexible setup that allows for continued multi-tenant use or conversion to a single-tenant layout, maximizing leasing opportunities. Cedar Rapids Pain Associates occupies 4,106 SF under a NNN lease at $11.75/SF through January 31, 2025, generating stable income for an owner-user or investor. Priced below market compared to similar properties in the area, this property represents a unique opportunity to capitalize on a prime location and secure long-term value.

Location

State IA

County Linn

Area Ne Quadrant

Zoning T-ML

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Carpet

Inclusions Building, Land

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Asphalt,Shingle

Building

Building Description Frame, Multi-Tenant,Private Restrooms

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Frame

Others

Tax ID 14071-80014-00000

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2400854

Listed by GLD COMMERCIAL

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Tim Scherbring

Tim Scherbring

Broker Associate | License ID: 61218000

+1(319) 361-5111

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4201 Glass RD NE