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Three-Level Live-Work Space
New
For Lease
$395,000

2919 1st Ave SE, Cedar Rapids, IA 52403

Separate entrances, private restrooms, and dedicated parking support flexible office and residential use across the building.

Space SizeContact for details
Days on Market3

Property Features for 2919 1st Ave SE

General Information

Standard status Active
Total Parking Spaces 16

Additional Details

Space Use Live-Work

Building Details

Year Built 1957
Stories 3
Listing Agency: COLDWELL BANKER HEDGES
Listed By: Jim Angstman · License #S57414
Source: Kwlegacyrealty
Added: Aug 19 Changed: Aug 20 Last Checked: Aug 21 at 9:35AM

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 COLDWELL BANKER HEDGES

Investment Insights

Based on property information with market context.

This three-level live-work property combines office and residential components with 4,140 of reported property size. The main floor provides office space, while the upper level contains partially renovated residential living with updated flooring, lighting, and paint. The lower level offers additional office, education, conference, and meeting areas.

Each level has its own entrance and private restroom. The building also features new windows and blinds, newer HVAC, and a roof installed in 2020. Parking includes 12 spaces along the south side plus four spaces near 1st Avenue. The offering also includes the vacant lot at 2925 1st Ave SE.

Key Highlights

  • Three‑level configuration with office, residential, education, conference, and meeting areas
  • Upper level has new flooring, lighting, and paint
  • Separate entrance and private restroom serving each level

Property Analytics

Current Use

Parlor City Deck ... Construction Company ProTecht Properties Property Management Company

Suggested Use

Top Pick HVAC Service Nail Salon Real Estate Agency Restaurant Hair Salon Grocery & Convenience 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.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

414
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

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?
Live-work space - Separate entrances, private restrooms, and dedicated parking support flexible office and residential use across the building.
Where is this live-work space located?
The property is located at 2919 1st Ave SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $395,000.
What are key features of this property?
This property features: Three‑level configuration with office, residential, education, conference, and meeting areas; Upper level has new flooring, lighting, and paint; Separate entrance and private restroom serving each level
More about this property
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