Mixed-Use Property with
For Lease
$5,800,000
329 Se 12th Avenue, Cedar Rapids, IA 52403
Built in 2017, the property combines residential units with fully leased office space.
Space SizeContact for details
Days on Market51
Property Features for 329 Se 12th Avenue
General Information
Standard status
Active
Property subtype
Commercial
Zoning
C-3
Building Details
Year Built
2017
Listing Agency:
Q4 Real Estate
(319) 360-7017
Listed By:
Craig Byers · License #S61123000
Source:
Q4realestate
Added: Jul 11
Changed: Aug 29
Last Checked: Aug 29 at 10:54PM
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 Q4 Real Estate
Investment Insights
Based on property information with market context.
Located at 329 SE 12th Avenue in Cedar Rapids’ NewBo District, this mixed-use property was completed in 2017 and includes both residential and commercial components. The residential portion contains 20 market-rate apartment units, while the commercial component provides 9,398 SF of office space that is fully leased.
The property is zoned C-3 and sits within the NewBo District, providing an established urban setting for its combination of apartments and office space. Its configuration brings residential occupancy and leased commercial space together in one property.
The property is zoned C-3 and sits within the NewBo District, providing an established urban setting for its combination of apartments and office space. Its configuration brings residential occupancy and leased commercial space together in one property.
Key Highlights
- 20 market‑rate residential apartment units
- 9,398 SF of fully leased commercial office space
- Built in 2017
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
2,182
Businesses Nearby
Explore this area
Business Placement
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
Lease Benchmarks for Cedar Rapids, IA
$17.39 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
45,086 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?
Mixed-use property - Built in 2017, the property combines residential units with fully leased office space.
Where is this mixed-use property located?
The property is located at 329 Se 12th Avenue Cedar Rapids, IA.
What is the lease rate?
The lease rate is $5,800,000.
What are key features of this property?
This property features: 20 market‑rate residential apartment units; 9,398 SF of fully leased commercial office space; Built in 2017
