1202 3rd Street SE Cedar Rapids, IA 52403
Prime Investment Opportunity in the Heart of the NewBo District. This exceptional property is located in the vibrant and growing NewBo District, a hub for thriving local businesses. The building boasts a diverse range of tenants, with popular restaurants Brewhemia and Lacayo anchoring the main level. Additionally, an administrative office for the well-known Watts Group adds to the commercial appeal. The second floor features The Olympic South Side Theater, a stunning event space ideal for weddings, concerts, and private gatherings. The sale also includes an adjacent parking lot, adding significant value and convenience. For further details, contact the listing agents.
- Property TypeCommercial
- NeighborhoodN/A
- CountyLinn
- Taxes$31,510
- HOA/Condo/Coop Fees$0
- Days on Site8 Days
- MLS StatusActive
- MLS ID Number2406170
- Home Size Source N/A
- Year Built1908
- Lot Size0.579 Acres
- Full BathsN/A
- Partial BathsN/A
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Learn MoreRecent Activity For 1202 3rd Street SE Cedar Rapids, IA 52403
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General Features
- Construction BlockFrameConcrete
- Building Features ElevatorsKitchen FacilitiesMulti TenantPrivate RestroomsPole Sign
- Parking Off Street
- Sewer Public Sewer
- Acreage 0.579
- Water Public
- Zoning UFD
- Utilities Electricity AvailableNatural Gas Available
Interior Features
- Cooling Central Air
- Heating CentralGas
- Flooring Concrete
- Interior Storage
- Window Features Display Windows
Exterior Features
- Roof Membrane
- Exterior Sprinkler Irrigation
Community Features
- MLS Area SE Quadrant
- Building Features ElevatorsKitchen FacilitiesMulti TenantPrivate RestroomsPole Sign