Office Building with
For Sale
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320 3rd Street SE, Cedar Rapids, IA 52401
Commercial, Cedar Rapids, IA
Property Size19,200 SF
Lot Size0.46 Acres
Days on Market209
Property Features for 320 3rd Street SE
General Information
Property type
Commercial Sale
Property subtype
Office
Zoning
Comm
Rooms
Basement
Directions
3rd St SE between 3rd & 4th Ave.
Subdivision
SE Quadrant
Standard status
Active
APN
142812700500000
Size
19,200 SF
Lot size
0.46 Acres
Taxes and HOA fees
Tax Description
O T SW 54' LOT 8 & (LESS SW 27' SE 52') LOT 9 & (LESS SE 52') STR/LB 10 26
Tax Annual Amount
34350
Legal Description
O T SW 54' LOT 8 & (LESS SW 27' SE 52') LOT 9 & (LESS SE 52') STR/LB 10 26
Amenities
drive-thru
vaults
safety deposit box vault
conference rooms
breakrooms
kitchens
storage space
Building Details
Year built
1940
Flooring type
Carpet
Building materials
Pre Eng Steel
Listing Agency:
PRK Williams Realty
(319) 892-3344
Listed By:
Kevin Heinbuch · License #B39237
(319) 892-3344
Added: Jan 23
Changed: Aug 19
Last Checked: Aug 20 at 8:06PM
MLS# 2600632
Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This furnished office building includes two above-grade floors and a basement totaling 19,200 square feet on a 0.456-acre site. The first floor contains a drive-up window, teller counters, vaults, a safety deposit box vault, 10 private offices, a conference room, open workspace, a kitchen-equipped breakroom, and two suite restrooms. The second floor adds 12 private offices, another conference room, open work areas, a kitchen-equipped breakroom, and two suite restrooms.
Approximately 4,800 square feet of basement space provides storage, two restrooms, a large vault, and a recently refinished oversized conference room. Up to 37 on-site parking spaces are available. Built in 1940, the building uses pre-engineered steel construction and carpet flooring and is located at 320 3rd Street SE in downtown Cedar Rapids.
Approximately 4,800 square feet of basement space provides storage, two restrooms, a large vault, and a recently refinished oversized conference room. Up to 37 on-site parking spaces are available. Built in 1940, the building uses pre-engineered steel construction and carpet flooring and is located at 320 3rd Street SE in downtown Cedar Rapids.
Key Highlights
- Drive‑up window with teller counters, vaults, and a safety deposit box vault
- 19,200 SF office building on a 0.456‑acre site
- 10 private offices on the first floor and 12 on the second floor
Property Analytics
Property Profile
Current Use
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
Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office building - Two floors provide private offices, conference rooms, kitchens, open work areas, and suite restrooms for professional operations.
Where is this office building located?
The property is located at 320 3rd Street SE Cedar Rapids, IA.
What are key features of this property?
This property features: Drive‑up window with teller counters, vaults, and a safety deposit box vault; 19,200 SF office building on a 0.456‑acre site; 10 private offices on the first floor and 12 on the second floor
