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Street-Level Storefront Suite
For Sale
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203 2nd St SE Unit 1405, Cedar Rapids, IA 52401

The suite includes fresh paint, new carpet, central air, and shared restrooms.

Property SizeContact for details
Days on Market236

Property Features for 203 2nd St SE Unit 1405

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Floor Ground

Amenities

Central Air
3
Carpet
Corner Lot.
Other, Corner, Country Road, Paved Road.

Building Details

Year Built 1907
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Angie Glick
Source: Xome
Added: Jan 7 Changed: Aug 30 Last Checked: Aug 30 at 7:23PM

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.

This street-level storefront suite combines retail and office functionality within a historic commercial building constructed in 1907. Tall storefront glazing brings natural light into the space and supports visibility from the street. The interior has been refreshed with new paint and carpet, while central air provides climate control.

Located at 203 2nd St SE Unit 1405 in downtown Cedar Rapids, the property occupies a corner position along a paved road. The suite offers first-floor access, a shared vestibule, shared restrooms, and an opportunity for exterior signage. Its existing configuration has previously supported a tailoring business and can accommodate retail or office use.

Key Highlights

  • Street‑level retail and office suite with first‑floor access
  • Large, tall storefront windows provide natural light and street visibility
  • Fresh paint and new carpet

Property Analytics

Current Use

Downtown Tailoring (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Auto Parts Store Storage Facility Barber Shop Locksmith Grocery & Convenience Store (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

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

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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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 - The suite includes fresh paint, new carpet, central air, and shared restrooms.
Where is this storefront property located?
The property is located at 203 2nd St SE Unit 1405 Cedar Rapids, IA.
What are key features of this property?
This property features: Street‑level retail and office suite with first‑floor access; Large, tall storefront windows provide natural light and street visibility; Fresh paint and new carpet
More about this property
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