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Retail/Office Suite with Basement Storage
For Lease
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1906 Mt Vernon Rd SE, Cedar Rapids, IA 52403

Highly visible open suite with restrooms, basement storage, and onsite parking.

Space Size3,260 SF
Days on Market56

Property Features for 1906 Mt Vernon Rd SE

General Information

Standard status Active
Size 3,260 SF
Property subtype Retail, Office

Building Details

Building Size 3,260 SF
Year Built 1930
Tenancy Single

Spaces For Lease

at 1906 Mt Vernon Rd SE Contact us

#1

Size
3,260 SF
Type
Office, Retail
Lease Type
Modified Gross
Availability
Active
Contact us
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Erica Seelman · License #IA S64720000
Source: Crexi
Added: Jul 1 Changed: Aug 14 Last Checked: Aug 25 at 10:56AM

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 GLD Commercial Real Estate Advisors

Investment Insights

Based on property information with market context.

A highly visible retail/office suite is available for lease with an open-concept layout. The space includes in-suite restrooms and a full basement that provides additional storage capacity.

Located along Mt Vernon Rd SE, the property is seconds away from downtown Cedar Rapids and the Medical Quarter. Onsite parking is included, and the current co-tenant is a nail salon.

This configuration can work well for a variety of retail or office uses that benefit from an open floor plan and on-site restrooms, with the basement offering practical space for storage. Tenancy responsibilities include paying gas and electric directly to the utility providers.

Key Highlights

  • Highly visible retail/office space available for lease along Mt Vernon Rd SE
  • Open‑concept suite with in‑suite restrooms
  • Full basement provides additional storage

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
Under-served
Demand for This Use

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

$25 /SF/Yr
Avg Asking Price
$12–$42 /SF/Yr
Price Range
24,494 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?
Storefront property - Highly visible open suite with restrooms, basement storage, and onsite parking.
Where is this storefront property located?
The property is located at 1906 Mt Vernon Rd SE Cedar Rapids, IA.
What are key features of this property?
This property features: Highly visible retail/office space available for lease along Mt Vernon Rd SE; Open‑concept suite with in‑suite restrooms; Full basement provides additional storage
More about this property
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