425 2nd Street SE 722, Cedar Rapids, IA 52401
Linn County
Key Facts
Description
Premier office opportunity at Plaza 425 in the heart of Downtown Cedar Rapids. One of the city's most prominent office buildings, steps from Green Square Park, the Cedar Rapids Public Library, the New Bohemian District, and top dining and retail. Available suites range from 3,430–13,720 SF on the 1st, 2nd, 5th, 7th, and 10th floors of the 206,000 SF, 12-story building — ideal for small professional offices to full-floor users. For lease at $3.95/SF NNN or for sale at $25.00/SF, Plaza 425 presents a rare opportunity for investors, owner-users, and tenants to establish or grow their presence in Cedar Rapids' central business core.
Property Information
Property Type
Commercial Lease
Sub-Type
Office
Year Built
1982
Stories
12
Living Area
253,120 sq ft
Lot Dimensions
Common
Zoning
Urb DT
Days on Market
108
MLS® Listing#
2600685
Property Features
- Interior:
- Elevator
- Cooling:
- Central Air
- Heating:
- Central
- Flooring:
- Carpet
- Parking:
- Off Street
- Construction:
- Metal Siding, Block, Concrete
- Roof:
- Membrane
- Utilities:
- Electricity Available, Natural Gas Available
- Sewer:
- Public Sewer
- Water Source:
- Public
Financial Details
Annual Taxes
$1,481
Parcel Number
142813300501004
Directions
2nd St SE to 425
Affordability Calculator
$17,150
Estimated monthly payment
$456/mo
Principal $68,600 · Est. interest $95,703 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cedar Rapids, IA
- $308,629
- Median Listing Price
- 67
- Median Days on Market
- 1,677
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 414
- Active Listings
- This home’s price is 72% below the area median.
- Its price per sq ft is 100% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cedar Rapids, IA.
Location
- 425 2nd Street SE 722, Cedar Rapids, IA 52401
Points of Interest in Cedar Rapids, IA
Showing the Cedar Rapids area map.
Nearby Schools
Cedar Valley Montessori School
Elementary · 0.1 mi away
Hacap
School · 0.4 mi away
Cedar Rapids Day School
School · 0.4 mi away
McKinley Middle School
Elementary · 0.7 mi away
Xavier Catholic Schools
School · 0.7 mi away
Metro High School
Secondary · 0.7 mi away
Taylor Elementary School
Elementary · 0.8 mi away
Roosevelt Middle School
Secondary · 1.3 mi away
Holy Family School System
School · 1.3 mi away
Johnson Steam Academy
Elementary · 1.3 mi away
Trinity Lutheran School
Elementary · 1.3 mi away
Harrison Elementary School
Elementary · 1.3 mi away
Wilson Middle School
Secondary · 1.4 mi away
Champions at Grant Elementary School
Elementary · 1.7 mi away
Grant Elementary School
Elementary · 1.7 mi away
Garfield Elementary School
Elementary · 1.8 mi away
Jefferson High School
Secondary · 1.9 mi away
Franklin Middle School
Secondary · 1.9 mi away
Cleveland Elementary School
Elementary · 1.9 mi away
Washington High School
Secondary · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 2214 Kestrel Drive SE, Cedar Rapids, IA | $60,390 | — | — | — |
| 2415 Kestrel Drive SE, Cedar Rapids, IA | $61,610 | — | — | — |
| 2403 Kestrel Drive SE, Cedar Rapids, IA | $61,610 | — | — | — |
| 2325 Kestrel Drive SE, Cedar Rapids, IA | $61,610 | — | — | — |
| 2307 Kestrel Drive SE, Cedar Rapids, IA | $61,610 | — | — | — |
| 2313 Kestrel Drive SE, Cedar Rapids, IA | $61,610 | — | — | — |
Moving Cost Estimate
EXIT Agents in Cedar Rapids
Listing Courtesy: SKOGMAN REALTY COMMERCIAL - 3193638286
Presented by: Tiffany Earl Williams-WSG CRE