For Sale See Page 3
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.