301 2nd SW Ave Cedar Rapids, IA 52404-2002
This exceptional 3,558-square-foot creative office space is available for lease in Cedar Rapids, Iowa's vibrant Kingston Village District. Located at 301 2nd Avenue SW, this single-tenant property boasts a desirable location adjacent to the Kingston Yard, a $100 million mixed-use development. Built in 1956, the building features a single story with a ceiling height ranging from 7 to 10 feet. The open floor plan is enhanced by abundant natural light from multiple large windows. Ample off-street paved parking is conveniently located at the rear of the building. The property sits on a 0.092-acre lot (4,020 square feet) and is zoned U-NG. The Linn County property (APN 14282-39001-00000) offers immediate possession. A 36-month minimum lease is required, with lease rates subject to annual increases. This unique property provides a prime opportunity to establish a presence in a thriving, high-traffic area, benefiting from the synergy and foot traffic generated by the adjacent Kingston Yard development. The property is conveniently located off I-380 in the heart of downtown Cedar Rapids, offering easy access to major transportation routes. The property is classified as Retail, Office, and Special Purpose.
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The Lucky Cat Nightclub Theater & Performing Art Venue
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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