420 2nd Ave SE, Cedar Rapids, IA 52401

WELL MAINTAINED AND STRATEGICALLY LOCATED TWO STORY OFFICE-RETAIL BUILDING IN DOWNTOWN CEDAR RAPIDS. MAIN FLOOR LEASED BY CENTER STAGE AND UPPER FLOORS CURRENTLY OFFICE. GOOD POTENTIAL CONVERSION TO RESIDENTIAL ON UPPER LEVELS. BUILDING DID NOT TAKE ON ANY WATER IN FLOODS OF 2008. CURRENT NOI $19,758 PER YEAR.