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Third-Floor Office Units
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550 2nd Street, Cedar Rapids, IA 52401

Customizable office space with limited climate-controlled parking availability.

Property SizeContact for details
Days on Market12

Property Features for 550 2nd Street

General Information

Standard status Active
Property subtype Office

Additional Details

Floor 3

Amenities

premium signage opportunity
Concrete
3
Tar Gravel, Built Up, Concrete
0.92

Building Details

Year Built 1983
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs · License #B43857000
Source: Xome
Added: Aug 11 Changed: Aug 20 Last Checked: Aug 21 at 5:17AM

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 GLD COMMERCIAL

Investment Insights

Based on property information with market context.

The entire third floor at 550 2nd Street is available for office use and may be configured to suit occupant requirements. The space offers flexibility for businesses seeking a dedicated floor within an established commercial building.

Limited indoor climate-controlled parking is available. The property was constructed in 1983 and is located in Cedar Rapids, Iowa, within the 52401 ZIP code.

Key Highlights

  • Entire 3rd floor available for office use
  • Space can be customized for occupant requirements
  • Limited indoor climate‑controlled parking available

Property Analytics

Current Use

Dr. lyric M. ... Physician Health Solutions, LLC Physician The Brems Group Accounting Firm

Suggested Use

Top Pick Auto Parts Store Grocery & Convenience Store HVAC Service Locksmith Barber Shop (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

3,464
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Customizable office space with limited climate-controlled parking availability.
Where is this office units located?
The property is located at 550 2nd Street Cedar Rapids, IA.
What are key features of this property?
This property features: Entire 3rd floor available for office use; Space can be customized for occupant requirements; Limited indoor climate‑controlled parking available
More about this property
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