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Cedar Rapids, IA Banks for Sale

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Marion, IA Hiawatha, IA Robins, IA Ely, IA Fairfax, IA Mount Vernon, IA Swisher, IA Toddville, IA
Downtown Bank Complex with Parking
Updated: Jul 6
Downtown Bank Complex with Parking

222 SE 2nd Ave, Cedar Rapids, IA 52401

$8,000,000
98,010 sqft
US Bank complex in downtown Cedar Rapids includes an 186,355 SF building
Historic building originally built in 1925 with additions completed in 1964 and 1980
42‑stall surface parking lot on site
256‑stall parking garage on site
Redevelopment possibilities noted for office, hospitality, and retail/restaurant
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Scored against comparables nationwide. These are worth a look.

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in
Est. NOI available after sign in
Local Demand available after sign in
Based on your search, we've compiled 58 Potential Opportunities for your consideration. Besides 1 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 53 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Standalone Bank Building
Standalone Bank Building

551 Westbury Dr, Iowa City, IA 52245

$950,000
3,898 sqft

The former financial-services space is available for immediate occupancy.

View details
Bank Building with Original Vaults
Bank Building with Original Vaults

401 Main Street, Aurora, IA 50607

$39,900
0.53 AC lot

Commercial zoning and retained banking fixtures preserve the property’s established bank layout.

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Former Bank Drive-Through Space
Former Bank Drive-Through Space

57 E Tower Park Drive, Waterloo, IA 50701

Contact for pricing
2,295 sqft

Former bank branch with three private offices, lobby, and a large canopy-supported drive-through setup.

View details
Retail Banking Building with Drive-Thru
Retail Banking Building with Drive-Thru

2532 Crossroads Boulevard, Waterloo, IA 50702

Contact for pricing
6,714 sqft 2.50 AC lot

Standalone retail banking building includes a drive-thru canopy and large paved outdoor area for flexible retail use.

View details

Off-Market Properties in Cedar Rapids, IA

Consider similar Off-Market properties in Cedar Rapids, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

1755 1st SE Ave
FINANCIAL BUILDING

1755 1st SE Ave, Cedar Rapids, IA 52402-5432

Estimated value:
$420,000
5,788 sqft 0.77 AC lot
View details
4444 1st NE Ave
FINANCIAL BUILDING

4444 1st NE Ave, Cedar Rapids, IA 52402-3215

Estimated value:
$280,000
3,683 sqft 1.04 AC lot
View details
500 1st NE Ave
FINANCIAL BUILDING

500 1st NE Ave, Cedar Rapids, IA 52401-1314

Estimated value:
$1,235,000
37,581 sqft 1.10 AC lot
View details
425 1st SW Ave
FINANCIAL BUILDING

425 1st SW Ave, Cedar Rapids, IA 52405-3927

Estimated value:
$205,000
3,264 sqft 0.49 AC lot
View details
216 2nd SE St
FINANCIAL BUILDING

216 2nd SE St, Cedar Rapids, IA 52401

Estimated value:
$7,430,000
43,833 sqft 0.20 AC lot
View details
226 2nd SE St
FINANCIAL BUILDING

226 2nd SE St, Cedar Rapids, IA 52401-1406

Estimated value:
$7,430,000
104,076 sqft 0.24 AC lot
View details
212 2nd SE St
FINANCIAL BUILDING

212 2nd SE St, Cedar Rapids, IA 52401

Estimated value:
$7,430,000
10,840 sqft 0.14 AC lot
View details
211 3rd SW Ave
FINANCIAL BUILDING

211 3rd SW Ave, Cedar Rapids, IA 52404-5716

Estimated value:
$210,000
1,901 sqft 0.06 AC lot
View details
1800 1st NE Ave
FINANCIAL BUILDING

1800 1st NE Ave, Cedar Rapids, IA 52402-5554

Estimated value:
$1,995,000
18,117 sqft 1.88 AC lot
View details
4615 Cross Pt NE Blvd
FINANCIAL BUILDING

4615 Cross Pt NE Blvd, Cedar Rapids, IA 52411-6672

Estimated value:
$520,000
10,019 sqft 1.25 AC lot
View details
2340 Edgewood Rd Swa-1
FINANCIAL BUILDING

2340 Edgewood Rd Swa-1, Cedar Rapids, IA 52404-3250

Estimated value:
$550,000
8,298 sqft
View details
716 A NE Ave
FINANCIAL BUILDING

716 A NE Ave, Cedar Rapids, IA 52401-1018

Estimated value:
$350,000
6,920 sqft 0.93 AC lot
View details
127 28th St SE Dr
FINANCIAL BUILDING

127 28th St SE Dr, Cedar Rapids, IA 52403-1438

Estimated value:
$360,000
6,596 sqft 0.99 AC lot
View details
3406 F NW Ave
FINANCIAL BUILDING

3406 F NW Ave, Cedar Rapids, IA 52405-1901

Estimated value:
$285,000
4,076 sqft 1.04 AC lot
View details
5210 Council NE St
FINANCIAL BUILDING

5210 Council NE St, Cedar Rapids, IA 52402-2409

Estimated value:
$300,000
3,774 sqft 1.00 AC lot
View details
3810 Westdale SW Pkwy
FINANCIAL BUILDING

3810 Westdale SW Pkwy, Cedar Rapids, IA 52404-9810

Estimated value:
$410,000
7,540 sqft 1.21 AC lot
View details
2510 Edgewood SW Rd
FINANCIAL BUILDING

2510 Edgewood SW Rd, Cedar Rapids, IA 52404-3254

Estimated value:
$280,000
3,217 sqft 0.56 AC lot
View details
2711 Bever SE Ave
FINANCIAL BUILDING

2711 Bever SE Ave, Cedar Rapids, IA 52403-3024

Estimated value:
$220,000
2,164 sqft 0.39 AC lot
View details
1305 1st SE Ave
FINANCIAL BUILDING

1305 1st SE Ave, Cedar Rapids, IA 52402-5009

Estimated value:
$240,000
2,947 sqft 0.39 AC lot
View details
320 3rd SE St
FINANCIAL BUILDING

320 3rd SE St, Cedar Rapids, IA 52401-1854

Estimated value:
$410,000
12,800 sqft 0.46 AC lot
View details
3905 Blairs Fry NE Rd
FINANCIAL BUILDING

3905 Blairs Fry NE Rd, Cedar Rapids, IA 52402-1703

Estimated value:
$430,000
6,798 sqft 1.94 AC lot
View details
115 8th SW Ave
FINANCIAL BUILDING

115 8th SW Ave, Cedar Rapids, IA 52404-2136

Estimated value:
$205,000
3,800 sqft 0.63 AC lot
View details
3700 Edgewood SW Rd
FINANCIAL BUILDING

3700 Edgewood SW Rd, Cedar Rapids, IA 52404-7218

Estimated value:
$345,000
4,892 sqft 1.63 AC lot
View details

Cedar Rapids, IA Banks Market Trends and Statistics

Explore 54 banks for sale in Cedar Rapids, IA on our real estate platform. These investment opportunities span a total of 98,010 square feet of properties for sale, with an estimated market value of $8,000,000.

Sale prices for bank buildings in Cedar Rapids, IA average $8,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Storefront properties 47
Shopping centers 32
Showrooms 10
Automotive properties 5
Auto shops 3

Demographics Overview

Population 145K
Population Growth (5Y) +3.0%
Median Household Income $72,941
College Educated 21.6%

High-Yield Neighborhoods for Investment

Identify Cedar Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
52401 $8M

Taxes & Financing

Tax Rate (average for all types) 3.09%
Property Tax per SF $27.54 per SF
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Cedar Rapids fall within the 25,000 to 50,000 square foot range.

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