Downtown Retail Space Near
For Lease
$10.95 SF/Yr
305 2nd Street SE, Cedar Rapids, IA 52401
Retail space with display windows in downtown Cedar Rapids.
Space SizeContact for details
Days on Market238
Property Features for 305 2nd Street SE
General Information
Standard status
Active
Property subtype
Retail
Building Details
Year Built
1927
Listing Agency:
IOWA REALTY COMMERCIAL
Listed By:
Jeremy Tipton, CCIM · License #B59800000
(319) 551-2079
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Oct 30 at 11:27AM
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 IOWA REALTY COMMERCIAL
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Investment Insights
Based on property information with market context.
This retail space is located on the first floor of the Paramount Building. The space is accessible from 3rd Avenue, with a secondary entrance on 2nd Street. It features display windows and is situated next to the Paramount Theater in Downtown Cedar Rapids.
Key Highlights
- Prime location in Downtown Cedar Rapids
- Located next to the Paramount Theater
- First floor retail space
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.64 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
4,055
Businesses Nearby
Explore this area
Business Placement
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Cedar Rapids, IA
$16.26 /SF/Yr
Avg Asking Price
$8–$35 /SF/Yr
Price Range
47,779 SF
Avg Space Size
This space is priced 33% below the average of $16.26 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Retail space - Retail space with display windows in downtown Cedar Rapids.
Where is this retail space located?
The property is located at 305 2nd Street SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $10.95 SF/Yr.
What are key features of this property?
This property features: Prime location in Downtown Cedar Rapids; Located next to the Paramount Theater; First floor retail space
