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Modern Office Building with Built-In Gym

6205 11th Street SW Cedar Rapids, IA 52404

6205 11th Street SW, Cedar Rapids, IA, 52404
$1,300,000
For Sale
$1,300,000

COMMERCIAL - Cedar Rapids, IA

Property Size9,600 SF
Lot Size2.21 Acres
Price / SF$135.42
Days on Market552

Property Features for 6205 11th Street SW

General Information

Property type
Commercial Sale
Property subtype
Office
Zoning
COMMERCI
Standard status
Active
APN
191712600500000
Size
9,600 SF
Lot size
2.21 Acres

Taxes and HOA fees

Tax Description
ZINSER'S INDUSTRIAL 4TH STR/LB 2
Tax Annual Amount
25630

Building Details

Year built
2008
Flooring type
Concrete
Building materials
Frame
Roof type
Shingle
Listing agency Epique Realty
Listed by Lindsay Jo Pinter
Added: Jan 16, 2025 Updated: Jun 8 at 10:02PM Checked: Jul 22 at 4:06PM
MLS# 2500208

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.

Constructed in 2008, this commercial office building offers a functional, spacious interior in a total size of 9,600 square feet. The exterior is finished with limestone and masonry brick, designed for durability and a polished appearance. Inside, the property includes a fully built-in private gym and a functional kitchenette, supporting day-to-day team use without leaving the building. The overall configuration is suited to office operations that value practical amenities alongside a modern workplace layout.

The property is located at 6205 11th Street SW in Cedar Rapids, Iowa, on a 2.21-acre lot. It is described as being just minutes from the airport and providing easy access to interstate highways, which can support business travel and convenient logistics for employees and visitors.

For buyers looking for an office setting with on-site fitness space and a kitchenette, this building provides a turnkey amenity package within a single, established structure. Its combination of a larger interior footprint, durable masonry exterior, and dedicated private gym may align well with organizations that want workplace convenience built into the property. All showings are scheduled for prospective buyers by request.

Key Highlights

  • Prime location with easy access to interstate highways and minutes from the airport
  • Spacious 9600 sqft layout allows for flexible use and smooth business operations
  • Constructed in 2008 with a sophisticated design blending modern luxury and practicality

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $80.6k $8.40
− Vacancy −$19.2k −$2.00
EGI $61.5k $6.40
− OpEx −$15.4k −$1.60
NOI $46.1k $4.80
9,600 SF · lease $8.40/SF/yr · vacancy 23.77% · expense 25.00%

Alternative Uses

Best Use
Office B
$658.6K
$576.3K – $768.4K (±1% cap)
NOI $46,104 @ 7.0% cap · market cap 3.55%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.39M
$1.22M – $1.62M (±1% cap)
NOI $97,260 @ 7.0% cap · market cap 7.48%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Aaron Scale Systems, ... Factory

Suggested Use

Real Estate Agency (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Bakery Restaurant Catering Service Computer & Electronic Repair Storage Facility Tanning Salon Furniture & Home Goods

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Office units - Built in 2008 with limestone and masonry brick exterior, plus a private gym and kitchenette for on-site convenience.
Where is this office units located?
The property is located at 6205 11th Street SW Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: Prime location with easy access to interstate highways and minutes from the airport; Spacious 9600 sqft layout allows for flexible use and smooth business operations; Constructed in 2008 with a sophisticated design blending modern luxury and practicality
Contact an agent
More about this property
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