123 5th Street SE, Cedar Rapids, IA 52401

Building Details

Year Built

1903

Listing office EXP Realty, LLC j***@pinnaclerealtyia.com Show Phone

Listing date Jun 18, 2024

Source Pinnaclerealtyia

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Overview

This renovated office building totals 32,256 SF and was originally constructed in 1903, with updates completed in 2010. Leasing options are described as approximately 8,000 SF per floor, with open floor plans designed to support collaborative work and tenant customization. The building is presented as having state-of-the-art facilities intended to support day-to-day productivity and comfort, along with abundant natural light throughout the workspaces.

Located at 123 5th Street SE in Cedar Rapids, the property is described as being in the heart of downtown with prominent visibility and accessibility. Tenant and client convenience is supported by nearby restaurants, as noted in the public remarks.

For tenants or operators looking for an office space with historic character paired with more recent building improvements, this property offers larger floorplate leasing opportunities and an open layout. The combination of light-filled interiors and modern facility positioning can fit a range of office uses that value a centrally located setting for employees and visiting clients.

Suggested Use

Auto Parts Store Big Box & Wholesale Store HVAC Service Locksmith Garden Center (Bike/Boat/Book/etc) Store Pet Grooming Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Florist

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

Location Insight

• Map
• Local Demand

City

Cedar Rapids

County

Linn

State

Iowa

Longitude

-91.6649378

Latitude

41.9798902

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FAQs

What type of property is this?

Office building - A renovated office building with flexible, light-filled floorplates and modern amenities in downtown Cedar Rapids.

Where is this office building located?

The property is located at 123 5th Street SE Cedar Rapids, IA.

What is the lease rate?

The lease rate is $3,200,000.

What are key features of this property?

This property features: Renovated 1903 office building updated in 2010, featuring historic charm with modern functionality; 32,256 SF office building with approx. 8,000 SF per floor and open floor plans; 4 total stories with basement and abundant light throughout the space