Mixed-Use Space with
For Lease
$11 SF/Yr
625 SE 1st Ave #Suite B, Cedar Rapids, IA 52401
Office or retail occupancy in a two-tenant building, with dedicated parking and building and roadside signage.
Space SizeContact for details
Days on Market1089
Property Features for 625 SE 1st Ave #Suite B
General Information
Standard status
Active
Zoning
Urban Form District
Taxes and HOA fees
Annual Taxes
$11,467
Amenities
Zero Step Entry
Building Details
Year Built
1946
Listing Agency:
Q4 Real Estate
(319) 294-3339
Listed By:
Craig Byers · License #S61123000
(319) 360-7017
Source:
Kalonarealty
Added: Nov 2, 2023
Changed: Oct 24
Last Checked: Oct 24 at 3:10PM
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
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Investment Insights
Based on property information with market context.
Office or retail space is available in a mixed-use building configured for two tenants. The property includes a 560-square-foot storage area, paved parking in front, and designated spaces along the side. Signage is available on the building and on a pole sign along 1st Ave SE. The property is zoned Urban Form District.
The site is near downtown Cedar Rapids, the Kingston Village District, NewBo District, and the St. Luke’s and Mercy medical quarters, with access to I-380/I-27. Traffic counts on 1st Ave exceed 16,900 vehicles per day.
The site is near downtown Cedar Rapids, the Kingston Village District, NewBo District, and the St. Luke’s and Mercy medical quarters, with access to I-380/I-27. Traffic counts on 1st Ave exceed 16,900 vehicles per day.
Key Highlights
- Two‑tenant mixed‑use building with office or retail space available
- 560‑square‑foot storage area
- Paved off‑street parking in front, plus designated spaces beside the building
Property Analytics
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Current Use
Lease Details
NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM
Location Intelligence
Trade Area within ½ mile
3,692
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
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Lease Benchmarks for Cedar Rapids, IA
$17.73 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
88,897 SF
Avg Space Size
This space is priced 38% below the average of $17.73 /SF/Yr.
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Office or retail occupancy in a two-tenant building, with dedicated parking and building and roadside signage.
Where is this mixed-use property located?
The property is located at 625 SE 1st Ave #Suite B Cedar Rapids, IA.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Two‑tenant mixed‑use building with office or retail space available; 560‑square‑foot storage area; Paved off‑street parking in front, plus designated spaces beside the building
