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Open-Plan Retail Suite
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103-1420 1st Ave Ne, Cedar Rapids, IA 52401

Visible commercial suite with dedicated parking, private restrooms, and utility infrastructure already in place.

Space SizeContact for details
Days on Market23

Property Features for 103-1420 1st Ave Ne

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $92,146
Listing Agency: GLD COMMERCIAL
Listed By: Angie Glick
Source: Exprealty
Added: Aug 7 Changed: Aug 22 Last Checked: Aug 28 at 1:06PM

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

Investment Insights

Based on property information with market context.

Available by sublease, this 2,500 SF commercial suite provides an open interior after removal of the equipment associated with its former laundromat use. The space includes private restrooms, dedicated parking, and existing utility infrastructure that may support retail, office, or service operations. Adjacent Suite 102 is also available, allowing the two spaces to be combined for up to 5,000 SF.

The property is located at 103-1420 1st Ave NE in Cedar Rapids, next to Jimmy John’s and Scooter’s Coffee. I-380 is readily accessible, while Coe College and Mount Mercy University are minutes away.

Key Highlights

  • 2,500 SF open‑plan commercial suite available by sublease
  • Adjacent Suite 102 available for a combined space of up to 5,000 SF
  • Dedicated parking and private restrooms

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Barber Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

3,039
Businesses Nearby

Demographics for 52401, IA

2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$17.59 /SF/Yr
Avg Asking Price
$10–$33 /SF/Yr
Price Range
34,197 SF
Avg Space Size

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Visible commercial suite with dedicated parking, private restrooms, and utility infrastructure already in place.
Where is this retail space located?
The property is located at 103-1420 1st Ave Ne Cedar Rapids, IA.
What are key features of this property?
This property features: 2,500 SF open‑plan commercial suite available by sublease; Adjacent Suite 102 available for a combined space of up to 5,000 SF; Dedicated parking and private restrooms
More about this property
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