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Retail Office Space with Basement
For Lease
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1906 Mt Vernon Road SE, Cedar Rapids, IA 52403

Flexible retail or office layout with in-suite restrooms, basement storage, and onsite parking.

Space SizeContact for details
Days on Market63

Property Features for 1906 Mt Vernon Road SE

General Information

Standard status Active
Property subtype Com Lease
Zoning TMC
Lease Type Modified Gross

Taxes and HOA fees

Annual Taxes $6,834

Amenities

Carpet
Yes
1
Display Window(s)
Public
0.406
.406 Ac
Off Street

Building Details

Year Built 1930
Stories 1
Listing Agency: FRAZIER REALTY
Listed By: Emmaleigh Buck
Source: Pinnaclerealtyia
Added: Jun 24 Changed: Aug 23 Last Checked: Aug 25 at 4:56AM

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 FRAZIER REALTY

Investment Insights

Based on property information with market context.

This lease space offers a highly visible retail/office configuration with an open-concept interior. The unit includes in-suite restrooms and a full basement that can be used for additional storage. Onsite parking is included, supporting convenient customer and employee access.

The property is located along Mt Vernon Rd SE, seconds away from downtown Cedar Rapids and near the Medical Quarter. A nail salon serves as the current co-tenant.

The open layout and in-suite restroom facilities make this space workable for a range of retail and office users seeking an adaptable floor plan. The full basement adds practical storage capacity, and onsite parking helps reduce friction for visits. The tenant is responsible for paying gas and electric directly to the providers.

Key Highlights

  • Highly visible retail or office space for lease along Mt Vernon Rd SE, seconds from downtown Cedar Rapids and the Medical Quarter
  • Open concept layout with in‑suite restrooms and a full basement for additional storage
  • Heating and air conditioning included; flooring is carpet

Property Analytics

Current Use

Nassif Oriental Rugs (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Big Box & Wholesale Store Acupuncture (Bike/Boat/Book/etc) Store Pet Grooming Service HVAC Service

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

345
Businesses Nearby

Demographics for 52403, IA

23,012
Population
10,759
Households
2.1
Avg Household Size
41
Median Age
40%
College-Educated
95%
High-School Grad
26.3 sq mi
ZIP Area
875
Density / Sq Mi
$73,848
Median Household Income
$46,148
Median Earnings
$857
Median Rent
$190,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$17.59 /SF/Yr
Avg Asking Price
$10–$33 /SF/Yr
Price Range
34,197 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?
Retail space - Flexible retail or office layout with in-suite restrooms, basement storage, and onsite parking.
Where is this retail space located?
The property is located at 1906 Mt Vernon Road SE Cedar Rapids, IA.
What are key features of this property?
This property features: Highly visible retail or office space for lease along Mt Vernon Rd SE, seconds from downtown Cedar Rapids and the Medical Quarter; Open concept layout with in‑suite restrooms and a full basement for additional storage; Heating and air conditioning included; flooring is carpet
More about this property
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