420 12th Ave SE - 2nd Floor

For Sale

420 12th Ave SE - 2nd Floor, Cedar Rapids, IA 52401

This Cedar Rapids property for sale is located at 420 12th Ave SE - 2nd Floor. The current listed sale price for 420 12th Ave SE - 2nd Floor is $907,500.

Contacts

broker
Rachel Waters

GLD Commercial

Property Details

  • Property Type Retail
  • Property Size 5,000 SF
  • Year Built 2016
  • Date Updated Mar 17, 2025
Located in the NewBo District directly behind the NewBo City Market and adjacent to The Depot.This fully-built-out salon on the second floor offers a premium setup for salon professionals. Features include: large windows, waiting/reception area, 12 stylist stations, 4 shampoo bowls, breakroom with laundry hookups, color mixing bar, 13 built-in lockers for storage, three rooms, two pedicure chairs and 7 additional salon suites down the hall providing extra rental income. Other amenities include an elevator and stair access, large vestibule with seating, mail station, sprinkler system, monitored fire alarms, security cameras and ample parking. The TIF Schedule has 7 years remaining at 95% which will transfer to the new owner. The investor is also selling Floor 1, though each floor is individually owned and parceled.
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Highlights

  • Fully built-out salon space
  • 7 additional salon suites for extra rental income

Getting around

  • 74/100

    Walk Score ®

  • 36/100

    Transit Score ®

  • 69/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Cedar Rapids, IA
  • Zip Code 52401

Points of Interest

  • Casey's General Store

    0.28 miles

  • ChargePoint

    0.45 miles

  • Kum & Go

    0.55 miles

  • Conoco

    0.85 miles

  • Caseys

    1.03 miles

  • Tesla Supercharger

    1.05 miles

  • Hy-Vee Gas Station

    1.09 miles

  • Fas Fuel

    1.19 miles

  • Sinclair - Hawkeye

    1.29 miles

  • Kwik Star

    1.92 miles

  • St Wenceslaus Catholic Church Parking

    0.09 miles

  • Lot 44

    0.31 miles

  • Excess Snow Storage Lot

    0.36 miles

  • GTC Ramp

    0.55 miles

  • 3rd Avenue Ramp

    0.59 miles

  • Paramount Lot

    0.63 miles

  • Immaculate Conception Catholic Church Parking

    0.68 miles

  • CRST Parking Garage

    0.70 miles

  • May's Island Ramp

    0.77 miles

  • Five Seasons Parking Ramp

    0.82 miles

  • Caucho

    0.08 miles

  • Crosby's

    0.12 miles

  • Chrome Horse Saloon

    0.13 miles

  • Fong's Pizza

    0.13 miles

  • Donutland

    0.13 miles

  • New Bohemian

    0.13 miles

  • Tornados Grub & Pub

    0.16 miles

  • Bo Mac's

    0.19 miles

  • Kickstand

    0.22 miles

  • Boston's

    0.26 miles

  • Hy-Vee

    0.99 miles

  • K.A.F.F. Oriental & African Market

    1.19 miles

  • Babanur International Grocery

    1.36 miles

  • New Pioneer Food Co-Op

    2.88 miles

  • ALDI

    3.21 miles

  • Town and Country Shopping Center

    3.28 miles

  • Fareway

    3.35 miles

  • JCPenney

    3.40 miles

  • Ross

    3.51 miles

  • Burlington

    3.52 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Rachel Waters

GLD Commercial

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