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Historic Downtown Office Suites
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200-225 2nd St Se, Cedar Rapids, IA 52401

Office space in a historic downtown building with ready-to-occupy suites and options for a full floor remodel.

Space SizeContact for details
Days on Market2603

Property Features for 200-225 2nd St Se

General Information

Standard status Active

Taxes and HOA fees

Annual Taxes $59,518
Listing Agency: SKOGMAN REALTY COMMERCIAL
Listed By: Brian Rosteck · License #B59904000
Source: Exprealty
Added: Jun 28, 2019 Changed: Aug 8 Last Checked: Aug 11 at 9:54AM

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 SKOGMAN REALTY COMMERCIAL

Investment Insights

Based on property information with market context.

This historic downtown office building offers multiple suites and full floors for lease, with space configured across both ready suites and larger floor plates. Several suites are available in move-in-ready condition, while floors 4 and 5 are being offered for a complete remodel and design to fit a tenant’s needs. The building layout and available configurations can be reviewed with the Listing Agent, and floor plans are available upon request.

The property sits right above CobbleHill restaurant and is attached to the SkyWalk system, supporting convenient indoor connectivity for day-to-day access. For perspective on how the building can work for different office programs, confirm available layouts and timing directly with the Listing Agent.

For tenants seeking flexibility, the mix of immediately usable suites and remodel-ready floors can accommodate both smaller teams and organizations that need to customize a larger footprint. The SkyWalk connection may also be a practical consideration for businesses looking for continuity of access within the downtown core. Interested parties should contact the Listing Agent to review floor plans and determine which availability best aligns with their operating requirements.

Key Highlights

  • Historic downtown office building with multiple suites and floors available from 647 SF to 15,736 SF
  • Several suites are ready for a tenant to occupy
  • Floors 4 and 5 are available for a complete remodel and design

Property Analytics

Current Use

Office Units

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store Barber Shop Locksmith (Bike/Boat/Book/etc) Store Tanning Salon

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

4,055
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

$14.13 /SF/Yr
Avg Asking Price
$6–$25 /SF/Yr
Price Range
41,999 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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office space in a historic downtown building with ready-to-occupy suites and options for a full floor remodel.
Where is this office units located?
The property is located at 200-225 2nd St Se Cedar Rapids, IA.
What are key features of this property?
This property features: Historic downtown office building with multiple suites and floors available from 647 SF to 15,736 SF; Several suites are ready for a tenant to occupy; Floors 4 and 5 are available for a complete remodel and design
More about this property
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