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1st-Floor Retail/Office Space
For Lease
Contact for pricing
Pending

305 2nd Street SE 125, Cedar Rapids, IA 52401

First-floor space for lease with display windows in the Paramount Building, with entrance on 3rd Ave and secondary access on 2nd Street.

Space SizeContact for details
Days on Market508

Property Features for 305 2nd Street SE 125

General Information

Standard status Pending
Property subtype Com Lease
Zoning UDC
Lease Type Net

Amenities

Concrete
5
Yes
DisplayWindows
Storage
Public
Condo

Building Details

Year Built 1927
Stories 5
Listing Agency: Fischels Commercial Group
Listed By: Jerome Edwards
Source: Pinnaclerealtyia
Added: Apr 9, 2025 Changed: Aug 28 Last Checked: Aug 29 at 6:21AM

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 Fischels Commercial Group

Investment Insights

Based on property information with market context.

First-floor retail/office space is available for lease in the Paramount Building. The space features display windows and has an entrance on 3rd Ave, with a secondary entrance off 2nd Street.

The space is located next to the Paramount Theater, providing a strong retail and customer-facing setting within the building.

The suite’s storefront-style frontage and two access points make it suitable for businesses seeking visibility and convenient entry options.

Key Highlights

  • First‑floor retail/office space for lease in the Paramount Building
  • Display windows with entrance on 3rd Ave and secondary entrance off 2nd Street
  • Space includes storage and has air conditioning

Property Analytics

Current Use

American Rivers Conference Gym & Fitness Center Shoemaker Law Office Law Firm Chaisten Vanscoy, Bankers ... Insurance Agency Spencer Willett, Bankers ... Insurance Agency Jackson Goodwin, Bankers ... Insurance Agency

Suggested Use

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

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
Balanced
Demand for This Use

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

$19.5 /SF/Yr
Avg Asking Price
$12–$33 /SF/Yr
Price Range
24,746 SF
Avg Space Size

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • St. Luke's Floral & Gifts 1026 A Ave NE, Cedar Rapids, IA 52402

Frequently Asked Questions

What type of property is this?
Storefront property - First-floor space for lease with display windows in the Paramount Building, with entrance on 3rd Ave and secondary access on 2nd Street.
Where is this storefront property located?
The property is located at 305 2nd Street SE 125 Cedar Rapids, IA.
What are key features of this property?
This property features: First‑floor retail/office space for lease in the Paramount Building; Display windows with entrance on 3rd Ave and secondary entrance off 2nd Street; Space includes storage and has air conditioning
More about this property
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