Office and Warehouse
New
For Sale
$850,000
1010 3rd Avenue SW 1011 2nd Ave SW, Cedar Rapids, IA 52404
Separate buildings provide office space alongside warehouse area, with the office building vacant and available for occupancy.
Property Size23,501 SF
Lot Size1.08 Acres
Price / SF$36.17
Days on Market2
Property Features for 1010 3rd Avenue SW 1011 2nd Ave SW
General Information
Standard status
Active
Size
23,501 SF
Lot size
1.08 Acres
Property subtype
Commercial
Zoning
TIM
Warehouse & Industrial
Warehouse Space
17,537 SF
Office Build-Out
5,964 SF
Additional Details
Tenant in Place
Yes
Property Use
Warehouse/Office
Taxes and HOA fees
Annual Taxes
$28,716
Amenities
Carpet,Concrete
Yes
No
Storage
Building,Land
Public
1.079
1.079 Ac
Off Street
Building Details
Year Built
1962
Buildings
2
Stories
2
Owner Occupied
No
Listing Agency:
GLD COMMERCIAL
(319) 731-3400
Listed By:
Michael Gibbs
(563) 542-8574
Source:
Pinnaclerealtyia
Added: Nov 1
Changed: Nov 2
Last Checked: Nov 2 at 2:34AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD COMMERCIAL
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Investment Insights
Based on property information with market context.
The property comprises a two-story office building with 5,964 SF and a separate 17,537 SF warehouse across the parking lot. The office building is vacant. An 8,000 SF suite in the warehouse is occupied by a nonprofit tenant, while the balance may be available for user occupancy.
Six parcels totaling 1.079 acres are included. The buildings are located at 1011 2nd Ave SW and 1010 3rd Ave SW in Cedar Rapids, Iowa, and the property is zoned TIM.
Six parcels totaling 1.079 acres are included. The buildings are located at 1011 2nd Ave SW and 1010 3rd Ave SW in Cedar Rapids, Iowa, and the property is zoned TIM.
Key Highlights
- 17,537 SF warehouse with an 8,000 SF nonprofit tenant suite
- 5,964 SF, two‑story office building, vacant
- Six parcels totaling 1.079 acres
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
543
Businesses Nearby
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Business Placement
Demographics for 52404, IA
43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate buildings provide office space alongside warehouse area, with the office building vacant and available for occupancy.
Where is this mixed-use property located?
The property is located at 1010 3rd Avenue SW 1011 2nd Ave SW Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: 17,537 SF warehouse with an 8,000 SF nonprofit tenant suite; 5,964 SF, two‑story office building, vacant; Six parcels totaling 1.079 acres
