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Office Space For Sale
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118 2nd Ave SE, Cedar Rapids, IA 52401

For-sale office space located on the 4th and 5th floors in Cedar Rapids, IA.

Property SizeContact for details
Days on Market22

Property Features for 118 2nd Ave SE

General Information

Standard status Active
Property subtype Office

Amenities

Carpet
3
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Angie Glick
Source: Xome
Added: Jul 21 Changed: Aug 10 Last Checked: Aug 11 at 4:48AM

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 Real Estate Advisors

Investment Insights

Based on property information with market context.

This for-sale office space is situated within a commercial office building, offered as unit 4th and 5th floor space. The offering is designed for office use and provides an up-and-down footprint within the same building.

The property is located at 118 2nd Ave SE in Cedar Rapids, Iowa. The unit is identified by floor level rather than a specific suite layout in the available information.

Interested parties should confirm the exact floor plan, condition, and any building services or tenant-ready components directly with the listing broker, as those details are not included in the provided information.

Key Highlights

  • Office space for sale located on the 4th and 5th floors in Cedar Rapids, IA
  • Carpet flooring
  • Includes 3 guest facilities

Property Analytics

Current Use

UFG Insurance Financial Advisor

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.

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

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?
Office building - For-sale office space located on the 4th and 5th floors in Cedar Rapids, IA.
Where is this office building located?
The property is located at 118 2nd Ave SE Cedar Rapids, IA.
What are key features of this property?
This property features: Office space for sale located on the 4th and 5th floors in Cedar Rapids, IA; Carpet flooring; Includes 3 guest facilities
More about this property
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