724 3rd Ave SE - Freestanding FOR SALE


Cedar Rapids, IA 52401- Downtown Cedar Rapids
$1,122,000 USD
319-675-1694
724 3rd Ave SE, Cedar Rapids, IA for Sale
$1,122,000 USD
Freestanding - FOR SALE
1/14
null | Request Cap Rate

724 3rd Ave SE
Cedar Rapids, IA 52401
Downtown Cedar Rapids


HIGHLIGHTS

  • Strong downtown visibility with frontage along a major commercial corridor
  • Ample off-street parking on the included adjacent lot, plus street parking
  • Ceiling heights ranging from 11' to 25'
  • Flexible mix of showroom, office, warehouse, and storage space
  • Convenient access to Interstate 380
  • Elevator access serving multiple levels

OVERVIEW

Located at 724 & 725 3rd Avenue SE in Downtown Cedar Rapids, this 16,800 SF two-story commercial property includes both the main building and the adjacent lot at 725 3rd Avenue SE. The property offers a versatile combination of showroom, office, warehouse, and storage space, featuring a large showroom and warehouse area, five private offices, elevator access, basement storage, a new digital billboard, and ceiling heights ranging from 11 to 25 feet. The property also features ample parking on the included adjacent lot, additional street parking and convenient access to Interstate 380. Situated in one of Cedar Rapids’ most active commercial districts, the property is surrounded by a growing mix of businesses, restaurants, and residential developments. Its flexible layout, strong visibility, and central location make it an excellent opportunity for businesses, owner-users, or investors seeking a well-positioned downtown asset.

FOR SALE DETAILS

PRICE

$1,122,000 USD

PRICE/SF

$67 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOWNTOWN OFFICE WITH SHOWROOM & FLEX SPACE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

undefined, Storefront Retail/Office, Warehouse

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1905

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.3 AC

LAND SF

13,068 SF

ZONING

FORM

APN/PARCEL ID

14214-78001-00000,14214-80004-00000

ASK ABOUT THIS PROPERTY

319-675-1694

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319-675-1694

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