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Conditioned Flex Space with Office
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641 31ST Avenue SW Unit A & B, Cedar Rapids, IA 52404

Lease opportunity with secured outdoor parking, overhead loading access, and dedicated office and support areas.

Space SizeContact for details
Days on Market372

Property Features for 641 31ST Avenue SW Unit A & B

General Information

Standard status Active
Lease Term []

Building Details

Year Built 1976
Listing Agency: GLD COMMERCIAL
Listed By: Jennifer Sexton
Source: Cbhrealty
Added: Aug 24, 2025 Changed: Aug 30 Last Checked: Aug 26 at 1:03PM

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.

This Cedar Rapids flex space offers 3,350 SF of conditioned warehouse area with a 900 SF office component. The office includes heating and air conditioning, while the property also provides a restroom, storage room, and floor drain. Two overhead doors support loading access, including one measuring 12' x 16' and another measuring 12' x 12'.

The site at 641 31ST Avenue SW, Unit A, includes paved on-site parking within a fenced and gated area. The property was built in 1976 and has a stated property size of 6,250 SF.

Key Highlights

  • 3,350 SF of conditioned warehouse/flex space available for lease
  • 900 SF office with heat and air conditioning
  • Two overhead doors: 12' x 16' and 12' x 12'

Property Analytics

Current Use

Take Away Hunger ... Warehouse & Storage H & W Speed ... Auto Parts Store Greg's Automotive Auto Repair Shop Harp & Shamrock Properties ... Storage Facility Cheap Car Insurance Insurance Agency

Suggested Use

Top Pick Real Estate Agency Dental Office Law Firm Spa & Massage Center Restaurant Garden Center

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

467
Businesses Nearby
Balanced
Demand for This Use

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value

Market

Lease Benchmarks for Cedar Rapids, IA

$9.43 /SF/Yr
Avg Asking Price
$6–$12 /SF/Yr
Price Range
24,800 SF
Avg Space Size

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Frequently Asked Questions

What type of property is this?
Flex space - Lease opportunity with secured outdoor parking, overhead loading access, and dedicated office and support areas.
Where is this flex space located?
The property is located at 641 31ST Avenue SW Unit A & B Cedar Rapids, IA.
What are key features of this property?
This property features: 3,350 SF of conditioned warehouse/flex space available for lease; 900 SF office with heat and air conditioning; Two overhead doors: 12' x 16' and 12' x 12'
More about this property
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