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Remodeled Medical Office Space
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4245 1ST Avenue SE Unit B, Cedar Rapids, IA 52402

Remodeled medical office suite with room-by-room water service, updated accessible restrooms, and extensive on-site parking.

Space SizeContact for details
Lot Size1.23 Acres
Days on Market499

Property Features for 4245 1ST Avenue SE Unit B

General Information

Standard status Active
Lot size 1.23 Acres
Lease Term []

Space & Availability

Space Use Medical Office
Condition Turnkey

Amenities

built-in fireplace
washer dryer hookup
park like setting
large visible sign

Building Details

Year Built 1963
Listing Agency: SKOGMAN REALTY
Listed By: Jeanne Matthews
Source: Cbhrealty
Added: Apr 19, 2025 Changed: Aug 30 Last Checked: Aug 30 at 12:14AM

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 SKOGMAN REALTY

Investment Insights

Based on property information with market context.

This 9,250-square-foot medical office property was built in 1963 and has been completely remodeled. Water service extends to every room, supporting sinks where needed, while updated accessible restrooms include washer and dryer hookups. Light-filled rooms feature LVT flooring throughout. The property occupies 1.23 acres with a large parking lot and a landscaped rear setting shaded by mature trees.

Positioned near Lindale Mall and Home Depot, the site records 19,000-20,000 daily traffic and offers space for a large visible sign. The building is identified as a historic Marshall Erdman healthcare design associated with Frank Lloyd Wright’s architectural influence, adding a distinctive design element to its medical-office setting.

Key Highlights

  • 9,250‑square‑foot medical office property on 1.23 acres
  • Water service available in every room for potential sink installation
  • Updated accessible restrooms with washer and dryer hookups

Property Analytics

Current Use

Walker Todd M ... Dental Office Sedrel Lynette Dental Office Richard T. Pope, ... Physician

Suggested Use

Top Pick Electrical Service Pharmacy Auto Parts Store Food Market Hotel & Motel 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

986
Businesses Nearby
Balanced
Demand for This Use

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
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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  • Petco Vaccination Clinic 1450 Twixt Town Rd, Marion, IA 52302

Frequently Asked Questions

What type of property is this?
Medical Office Space - Remodeled medical office suite with room-by-room water service, updated accessible restrooms, and extensive on-site parking.
Where is this medical office space located?
The property is located at 4245 1ST Avenue SE Unit B Cedar Rapids, IA.
What are key features of this property?
This property features: 9,250‑square‑foot medical office property on 1.23 acres; Water service available in every room for potential sink installation; Updated accessible restrooms with washer and dryer hookups
More about this property
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