Downtown Office Building with
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
(319) 892-3344
Listed By:
Kevin Heinbuch · License #B39237
(319) 892-3344
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.
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
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.