Downtown Office Building with
For Lease
Contact for pricing
320 3rd Street SE 1st Floor, Cedar Rapids, IA 52401
Turnkey, fully furnished office building includes drive-up window, teller services, and on-site parking options for lease.
Space SizeContact for details
Days on Market219
Property Features for 320 3rd Street SE 1st Floor
General Information
Standard status
Active
Property subtype
Com Lease
Zoning
Comm
Lease Type
Net
Taxes and HOA fees
Annual Taxes
$34,350
Amenities
Carpet
Yes
2
Storage
Public
0.456
19836
Off Street
Sprinkler/Irrigation
Building Details
Year Built
1940
Stories
2
Listing Agency:
Fischels Commercial Group
(319) 361-9457
Listed By:
Angie Buck
(319) 361-9457
Source:
Pinnaclerealtyia
Added: Jan 23
Changed: Aug 28
Last Checked: Aug 29 at 6:51AM
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 Fischels Commercial Group
Investment Insights
Based on property information with market context.
This downtown office building is offered turnkey and fully furnished, with both drive-thru functionality and on-site parking. The first floor includes a drive-up window, teller counters, vaults, and a safety deposit box vault, along with 10 private offices, a large conference room, open workspace, and a breakroom with kitchen. Two suite restrooms and additional supportive areas complete the main level.
The second floor features 12 private offices, an additional conference room, open work areas, a breakroom with kitchen, and two suite restrooms. Approximately 4,800 sf of basement space provides storage, two restrooms, a large vault, and a recently refinished oversized conference room. On-site parking is available for lease, with up to 37 parking spaces offered at $50 per space per month, and the option to lease the entire building or individual floors is available.
The second floor features 12 private offices, an additional conference room, open work areas, a breakroom with kitchen, and two suite restrooms. Approximately 4,800 sf of basement space provides storage, two restrooms, a large vault, and a recently refinished oversized conference room. On-site parking is available for lease, with up to 37 parking spaces offered at $50 per space per month, and the option to lease the entire building or individual floors is available.
Key Highlights
- Downtown Cedar Rapids office building built in 1940 with 2 stories and a basement
- First floor includes a drive‑up window, teller counters, vaults, and a safety deposit box vault plus 10 private offices
- Second floor offers 12 private offices, an additional conference room, open work areas, and breakrooms with kitchens plus two suite restrooms
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
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
Lease Benchmarks for Cedar Rapids, IA
$13.75 /SF/Yr
Avg Asking Price
$10–$17 /SF/Yr
Price Range
56,882 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Office building - Turnkey, fully furnished office building includes drive-up window, teller services, and on-site parking options for lease.
Where is this office building located?
The property is located at 320 3rd Street SE 1st Floor Cedar Rapids, IA.
What are key features of this property?
This property features: Downtown Cedar Rapids office building built in 1940 with 2 stories and a basement; First floor includes a drive‑up window, teller counters, vaults, and a safety deposit box vault plus 10 private offices; Second floor offers 12 private offices, an additional conference room, open work areas, and breakrooms with kitchens plus two suite restrooms
