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    207 2Nd Ave Cedar Rapids, IA 52401

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Office Suites, 2,727-3,777 SF

    Lot size:
    66,445 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional eight-story building at 207 2nd Ave SE in Cedar Rapids, Iowa, offers flexible office space ideal for various business needs. Located in the heart of the Urban Downtown Core, this 66,445 square foot property, built in 1910, features multiple tenancy options. Currently, 3,777 square feet of contiguous space is available, with a minimum divisible space of 2,727 square feet. The open-concept floor plan includes four private offices or changing rooms. This first-floor suite is situated next to 20 Years Awesome, offering excellent visibility and accessibility. The property sits on a 0.386-acre lot and is zoned for Urban Downtown Core use. The landlord is open to tenant improvements, contingent upon lease terms and tenant qualifications. This presents a unique opportunity to establish a presence in a vibrant downtown location with adaptable space to suit your business requirements. The Linn County property (APN: 14214-64009-00000) offers a blend of traditional and creative office space, perfect for executive offices or other professional uses. The property is categorized as Retail and Office, with subtypes including Executive Office, Traditional Office, and Creative Office.

    Property Features for 207 2Nd Ave

    General Information

    Property type
    Office space
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    66,445 SF
    Total Rate
    49833.75

    Building Details

    Year Built
    1910
    Stories
    8

    Unit(s) available at that property

    Space
    300A
    Size
    2,727 SF
    Rate per SF
    $9
    Space
    300
    Size
    3,777 SF
    Rate per SF
    $9

    HighLights

    • First‑floor retail/office space in Cedar Rapids, IA's Urban Downtown Core.
    • Open‑concept floor plan with 3,777 contiguous square feet available (minimum divisible 2,727 sq ft).
    • Excellent downtown location with convenient access to amenities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office Express Office Supply Store Christopher P. Tuetken, ... Pharmacy 20 Years Awesome! Vintage Clothing Store Sole Street Shoe Store Need Pizza Pizza Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.667414047955
    Latitude
    41.978100250009

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    FAQs

    What type of property is this?
    Office space - Prime Office Suites, 2,727-3,777 SF
    Where is this office space located?
    The property is located at 207 2Nd Ave Cedar Rapids, IA.
    What is the lease rate?
    The lease rate is $9 SF/Yr.
    What are key features of this property?
    This property features: First-floor retail/office space in Cedar Rapids, IA's Urban Downtown Core.; Open-concept floor plan with 3,777 contiguous square feet available (minimum divisible 2,727 sq ft).; Excellent downtown location with convenient access to amenities.
    Request Owner's contact information
    207 2Nd Ave Cedar Rapids, IA 52401
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    Cedar Rapids, IA 52401
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    207 2Nd Ave Cedar Rapids, IA 52401
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