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Well-Maintained Office Building For Lease
For Lease
$219,000

1803 1st Avenue SE, Cedar Rapids, IA 52402

Office building with high visibility, suitable for professional or service users.

Space SizeContact for details
Days on Market160

Property Features for 1803 1st Avenue SE

General Information

Standard status Active
Property subtype Com Lease
Zoning Comm
Lease Type Gross

Taxes and HOA fees

Annual Taxes $4,193

Amenities

Carpet,Wood
Yes
1
Building,Land
Public
0.193
8400
Off Street

Building Details

Year Built 1935
Stories 1
Listing Agency: Fischels Commercial Group
Listed By: Lisa Coots-Schooley
Source: Pinnaclerealtyia
Added: Apr 13 Changed: Sep 18 Last Checked: Sep 19 at 7:06AM

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.

This well-maintained office building, originally constructed in 1935, offers excellent visibility on 1st Ave SE. Formerly a chiropractic office, it is currently used as office space. The 1294-square-foot property features a functional layout, including three private offices and a lobby or conference area on the main level. Additional space is available in the basement and a half-story upper level, providing storage or expansion possibilities. The property includes off-street parking, a restroom, and strong frontage with high traffic counts. Centrally located in SE Cedar Rapids, this property is suitable for an owner-user or investor and is available for lease.

Key Highlights

  • Excellent visibility on 1st Ave SE with high traffic counts.
  • Functional layout with three private offices and a lobby/conference area.
  • Off‑street parking.

Property Analytics

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Current Use

Keith Slaymaker Alternative Medicine Practice

Suggested Use

Top Pick Real Estate Agency HVAC Service Big Box & Wholesale Store Accounting Firm Garden Center Barber Shop

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

776
Businesses Nearby

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Cedar Rapids, IA

$9.32 /SF/Yr
Avg Asking Price
$0.99–$17 /SF/Yr
Price Range
65,713 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
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Frequently Asked Questions

What type of property is this?
Office building - Office building with high visibility, suitable for professional or service users.
Where is this office building located?
The property is located at 1803 1st Avenue SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $219,000.
What are key features of this property?
This property features: Excellent visibility on 1st Ave SE with high traffic counts.; Functional layout with three private offices and a lobby/conference area.; Off‑street parking.
More about this property
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