Historic Two-Story Office
For Lease
$1,700,000
724 3rd Avenue SE, Cedar Rapids, IA 52401
Two levels, a functional basement, and multiple entrances support flexible office and professional-service configurations.
Space SizeContact for details
Days on Market293
Property Features for 724 3rd Avenue SE
General Information
Standard status
Active
Total Parking Spaces
12
Property subtype
Com Lease
Zoning
UFD
Lease Type
Net
Site & Location
Highway Access
Yes
Road Access
Yes
Additional Details
Space Use
Office
Taxes and HOA fees
Annual Taxes
$30,970
Amenities
Carpet
Yes
2
Display Window(s)
Storage
Building,Land
Public
0.19
8400
Off Street
Building Details
Year Built
1905
Stories
2
Construction
concrete frame
Listing Agency:
AWRE, EXP Realty, LLC
(319) 899-3820
Listed By:
Hope Hall
(319) 899-3820
Source:
Pinnaclerealtyia
Added: Nov 10, 2025
Changed: Aug 30
Last Checked: Aug 30 at 1:43PM
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 AWRE, EXP Realty, LLC
Investment Insights
Based on property information with market context.
This 16,800-square-foot office building is arranged across two stories with a concrete frame, display windows, storage, and a functional basement. Multiple entrances and exits allow the space to accommodate single-tenant or multi-tenant use, with office, studio, and professional-service applications identified for the property. The building also includes carpeted interior areas and 12 off-street parking spaces.
Located at 724 3rd Avenue SE in Cedar Rapids, the property is near the MedQ and minutes from I-380. Additional free parking is available along 8th Street SE. UFD zoning and the existing office configuration provide a defined framework for evaluating leasing plans.
Located at 724 3rd Avenue SE in Cedar Rapids, the property is near the MedQ and minutes from I-380. Additional free parking is available along 8th Street SE. UFD zoning and the existing office configuration provide a defined framework for evaluating leasing plans.
Key Highlights
- 16,800‑square‑foot office building
- Two‑story concrete‑frame construction built in 1905
- 12 off‑street parking spaces plus free parking along 8th Street SE
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
915
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
Market
Lease Benchmarks for Cedar Rapids, IA
$13.75 /SF/Yr
Avg Asking Price
$10–$17 /SF/Yr
Price Range
56,882 SF
Avg Space Size
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Office building - Two levels, a functional basement, and multiple entrances support flexible office and professional-service configurations.
Where is this office building located?
The property is located at 724 3rd Avenue SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $1,700,000.
What are key features of this property?
This property features: 16,800‑square‑foot office building; Two‑story concrete‑frame construction built in 1905; 12 off‑street parking spaces plus free parking along 8th Street SE
