1900 51St StCedar Rapids, IA 52402

This exceptional Class A office and lab complex, located at 1900 51st St NE in Cedar Rapids, Iowa, presents a rare investment opportunity. The property encompasses 19,831 square feet across two buildings situated on a 2.28-acre lot. The main building, totaling 17,543 square feet, underwent a complete renovation in 2019 and features perimeter private offices, a large training and multipurpose room, multiple conference rooms, restrooms, a breakroom, and a dedicated shipping and receiving area with an overhead door. Open lab space is also available. A separate 2,288-square-foot garage, constructed in 2021, provides parking for an additional 10 vehicles, supplementing the approximately 100 existing parking spaces. The property boasts a new HVAC system (2019) and half the roof was replaced in 2019. The permitted zoning is Suburban Mixed Use Community Center. This turnkey property is ideal for a business seeking high-quality office and lab space with ample parking. The asking price is $2,250,000 ($113.46/sq ft). The property was built in 1984 and features a modern design. Any offer is contingent upon the seller securing a new location.