Skip main navigation
Off market
Street View
  • $1,261,300

    221 2nd Ave SE, Cedar Rapids, IA 52401

    --beds
    --baths
    18,120sqft
    SingleFamily
    Built in 1880
    -- sqft lot
    $1,261,300 Zestimate®
    $70/sqft
    $-- HOA

    What's special

    *COMPLETE ADDRESS IS: 221-201 2ND AVE SE & 209 3RD AVE SE. EXCELLENT INVESTMENT OPPORTUNITY IN THIS AMAZING PRESENCE IN A 36,000 RSF CLASS 'A' BUILDING IN THE CORE OF THE CENTRAL BUSINESS DISTRICT. BUILDING SITS ON THE CORNER OF 3RDSTREET AND 2ND AVENUE AND IS CLOSE TO THE NEW PUBLIC PARKING RAMP TO BE COMPLETED IN 2012. BUILDING HAS BEEN COMPLETELY REWORKED AND RENOVATED. IT IS CONNECTED TO THE SKYWALK AND HAS PROFESSIONAL MAIN FLOOR LOBBY ON 2ND AVENUE. HISTORICALLY KNOWN AS THE HOYT, MARTIN, ARNOLD BUILDINGS. STRONG TENANTS INCLUDE: UNIVERSITY OF IOWA EXECUTIVE MBA SCHOOL, ZINS RESTAURANT, ULTIEG ENGINEERS, SALSA DE RIOS. THERE IS ALSO A TURN KEY RESTAURANT SPACE AND THE LANDLORD HASRECEIVED ONE LOI FOR THIS SPACE AND IS EXPECTING A SECOND. THERE IS ALSO A RECENTLY VACATED OFFICE SPACE ABOVE ZINS THAT WOULD BE IDEAL EXPANSION SPACE FOR ANY OF THE RESTAURANT TENANTS SEEKING TO PRIVATE PARTY AREA.

    Facts & features

    Interior

    Features
    • Basement: Partially finished
    Interior area
    • Total interior livable area: 18,120 sqft

    Property

    Details
    • Parcel number: 142146400500000

    Construction

    Type & style
    • Home type: SingleFamily
    Condition
    • Year built: 1880

    Community & neighborhood

    Location
    • Region: Cedar Rapids
    Services availability
    Get pre-qualified for a loan
    At Zillow Home Loans, we can pre-qualify you in as little as 5 minutes with no impact to your credit score.

    An equal housing lender. NMLS #10287.

    Sell for more on Zillow

    Get a free Zillow Showcase℠ listing and you could sell for .

    $1,261,300
    2% more+ $25,226
    With Zillow Showcase(estimated)
    $1,286,526