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320 3rd Street SE, Cedar Rapids, IA, 52401
Downtown Office Building with Drive-Thru

320 3rd Street SE Cedar Rapids, IA 52401

For Sale
Contact for pricing

COMMERCIAL - Cedar Rapids, IA

Property Size19,200 SF
Lot Size0.46 Acres
Days on Market185

Property Features for 320 3rd Street SE

General Information

Property type Commercial Sale
Property subtype Office
Zoning Comm
Rooms Basement
Standard status Active
APN 142812700500000
Size 19,200 SF
Lot size 0.46 Acres

Taxes and HOA fees

Tax Description O T SW 54' LOT 8 & (LESS SW 27' SE 52') LOT 9 & (LESS SE 52') STR/LB 10 26
Tax Annual Amount 34350

Building Details

Year built 1940
Flooring type Carpet
Building materials Pre Eng Steel
Listing Agency: PRK Williams Realty
Listed By: Kevin Heinbuch · License #B39237
Added: Jan 23 Changed: Jun 8 Last Checked: Jul 27 at 11:06AM
MLS# 2600632

Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This downtown office building is turnkey and fully furnished, with two floors of private office space plus shared work areas and conference rooms. The first floor includes a drive-up window, teller counters, vaults, and a safety deposit box vault, along with 10 private offices, a large conference room, open workspace, and a breakroom with kitchen. Two suite restrooms support the floor’s layout. The second floor offers 12 private offices, an additional conference room, open work areas, and breakroom with kitchen, plus two suite restrooms suited to administrative or executive use. Approximately 4,800 square feet of basement space provides additional storage, two restrooms, a large vault, and a recently refinished oversized conference room.

Located in downtown Cedar Rapids, the property is configured for office and financial-institution style operations, with on-site parking available for lease. Up to 37 parking spaces are offered at $50 per space per month, and the building can be leased in full or with the option to lease individual floors.

With direct drive-thru functionality and dedicated vault-related improvements on the first floor, the space aligns well for a financial institution or a professional office user that benefits from convenient vehicle access and parking. The combination of private offices, multiple conference rooms, open workspace, and on-site parking supports a range of teams and departmental operations, while the basement adds practical storage and meeting space.

Key Highlights

  • Rare downtown location with drive‑thru and on‑site parking.
  • Turnkey, fully furnished office building.
  • Ideal for financial institution or professional office user.

Property Analytics

Property Profile Location Intelligence

Current Use

320 3rd St ... Parking Lot & Garage Dubuque Bank & Trust, ... Bank Cedar Rapids Psychic Spiritual Center Jennessey Group Business Broker Liberty Bank Bank

Suggested Use

Top Pick Auto Parts Store Barber Shop Locksmith (Bike/Boat/Book/etc) Store Pet Grooming Service Tanning Salon

Zoning and permitted uses should be independently verified with authorities.

Frequently Asked Questions

What type of property is this?
Office building - Turnkey furnished office building with a drive-up window, vault amenities, and on-site parking options in downtown Cedar Rapids.
Where is this office building located?
The property is located at 320 3rd Street SE Cedar Rapids, IA.
What are key features of this property?
This property features: Rare downtown location with drive‑thru and on‑site parking.; Turnkey, fully furnished office building.; Ideal for financial institution or professional office user.
More about this property
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