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    219-227 2Nd Ave SE Cedar Rapids, IA 52401

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    For Lease
    $9 SF/Yr ($3,000 /Mo)

    Office/classroom space for lease in downtown Cedar Rapids.

    Property size:
    4,000 SF
    Lot size:
    0.14 Acres

    Property Features for 219-227 2Nd Ave SE

    General Information

    Size
    4,000 SF
    Lot size
    0.14 Acres

    Source: GLD Commercial Agent Michael Gibbs

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Office/Classroom Space Available

    Located in downtown Cedar Rapids, this property offers office and classroom space for lease. Suite 210 features 4,000 square feet of second-floor, open-concept office space with two private offices. A large, shared break area and restrooms are located adjacent to the suite. Utilities are included in the base rent for Suite 210. The landlord is willing to improve the space, subject to a qualified tenant and lease terms. Suite 300 comprises 12,000 square feet of former University of Iowa classroom space, including four large classrooms, twelve private offices/breakout rooms, a small open workspace, and private restrooms. The tenant is responsible for paying utilities directly to the provider for Suite 300. The property is a well-maintained office/classroom space with a flexible layout suitable for various business needs and convenient access to downtown amenities.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6743996
    Latitude
    41.9745809

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    FAQs

    What type of property is this?
    Office space - Office/classroom space for lease in downtown Cedar Rapids.
    Where is this office space located?
    The property is located at 219-227 2Nd Ave SE Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: - Prime downtown Cedar Rapids location; - Suite 210: Utilities included in base rent; - Suite 210: **Open concept office space with private offices**
    (319) 731-3400
    Request Owner's contact information
    219-227 2Nd Ave SE Cedar Rapids, IA 52401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    219-227 2Nd Ave SE Cedar Rapids, IA 52401
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