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Medical-Ready Office Condo
For Sale
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Pending

240 Wiley Blvd SW, Cedar Rapids, IA 52404

Office condo with reception and administration areas, previously built out for dental, plus shared parking, signage, restrooms, and hallways.

Property SizeContact for details
Days on Market122

Property Features for 240 Wiley Blvd SW

General Information

Standard status Pending
Property subtype Office
Listing Agency: NAI Iowa Realty Commercial - Cedar Rapids
Listed By: Jeremy Tipton · License #IA B59800000
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Aug 10 at 10:25AM

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 NAI Iowa Realty Commercial - Cedar Rapids

Investment Insights

Based on property information with market context.

This professional office condo features a reception and administration area configuration. The space was previously built out for a dental office, and it could be remodeled to add private offices or convert the back area into more open office layout. Restrooms are located within the common hall areas, and signage, hallway access, and common building elements are provided.

The building offers common area parking for occupants and visitors. The square footage assessment excludes common areas, including shared hallways and restrooms, which are available for use within the building.

The condo is currently assessed at $229,300. Net property taxes are listed at $4,942, and common area building maintenance is estimated at $250 per month for shared building expenses.

Key Highlights

  • Professional office condo for sale or lease with current reception and administration area configuration
  • Previously built out as a dental office; could be remodeled for private offices or open back office space
  • Includes building common area parking, signage, hallway, and restrooms (common area not included in unit SF)

Property Analytics

Current Use

Forsythe Todd P Law Firm Akey Jeffrey M ... Dental Office Quill Insurance Consultants Insurance Agency Holden & Steggall Law Firm Doug Valentine - State ... Insurance Agency

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Big Box & Wholesale Store Grocery & Convenience Store Cafe & Coffee Shop (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

769
Businesses Nearby

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Office condo with reception and administration areas, previously built out for dental, plus shared parking, signage, restrooms, and hallways.
Where is this office units located?
The property is located at 240 Wiley Blvd SW Cedar Rapids, IA.
What are key features of this property?
This property features: Professional office condo for sale or lease with current reception and administration area configuration; Previously built out as a dental office; could be remodeled for private offices or open back office space; Includes building common area parking, signage, hallway, and restrooms (common area not included in unit SF)
(319) 363-2337 Call to check price and availability
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