Cedar Rapids, IA Medical Office Space for Sale

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Marion, IA Hiawatha, IA Robins, IA Fairfax, IA Ely, IA Mount Vernon, IA Swisher, IA Palo, IA

7 properties

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Updated: Feb 9

Multi-Tenant Office Building with Parking

4201 Glass Rd NE, Cedar Rapids, IA 52402

$850,000

7,360 sqft 1.50 AC lot

7,360 SF multi‑tenant office building on 1.64 acres with 44 on‑site parking spaces
Two‑tenant configuration with flexible layout for continued multi‑tenant use or conversion to single‑tenant
Cedar Rapids Pain Associates leases 4,106 SF under an NNN lease at $12.10/SF ($4,140/mo. + OpEx) through January 31, 2029
Recent interior updates in Suite A
Roof replacement completed in summer 2026

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This listing looks promising.

Here's a quick look at some key insights for

4201 Glass Rd NE, Cedar Rapids, IA 52402

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Est. Cap Rate

6.5%
Above avg (5.9%)
Est. NOI

$55K
Annual
Mortgage

$563K
Jul 2017
Last Sold

Feb 2018
$782K
Property Type

Medical Building
Built 1992

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Updated: Sep 30, 2025

Connected Retail and Office Suites

8806 St. Martin Boulevard, Cedar Rapids, IA 52406

Contact for pricing

10,013 sqft

High visibility and easy access directly off the highway.
Boasting 7,800+ square feet of versatile commercial space.
Located in a fast‑growing business and residential corridor of Cedar Rapids.
Flexible layout suitable for retail, office, medical, or service businesses.
Ample parking and high‑traffic exposure.

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Second-Generation Office Suite

1146 Blairs Ferry Road NE, Cedar Rapids, IA 52402

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2,138 sqft

Move-in-ready office suite with three private offices, break room/kitchenette, and an ADA-compliant restroom.

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Connected Retail and Office Suites

8806 Saint Martin Blvd SW Unit 102-105, Cedar Rapids, IA 52406

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7,800 sqft

Versatile connected suites totaling 7,800+ SF with ample parking and highway-adjacent visibility and access.

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Medical Office Suite with Operatory Rooms

3900 River Ridge Dr NE #A, Cedar Rapids, IA 52402

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Office suite includes a reception area, lobby, two private offices, four operatory rooms, and wet and restroom facilities.

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Medical Facility Investment Opportunity

5264 Council St NE, Cedar Rapids, IA 52402

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70,326 sqft

Long-term sale-leaseback with credit-rated Mercy Medical in prime location.

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Medical-Ready Office Condo

240 Wiley Blvd SW, Cedar Rapids, IA 52404

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Office condo with reception and administration areas, previously built out for dental, plus shared parking, signage, restrooms, and hallways.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 7 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 65 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Move-In Ready Commercial Office Building

131 Main Street, Shellsburg, IA 52332

$375,000

1,900 sqft 0.42 AC lot

For sale commercial property in Shellsburg, IA with move-in ready interior and flexible fit for professional services.

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Move-In Ready Medical Office Property

131 Main Street East, Shellsburg, IA 52332

Contact for pricing

1,900 sqft

Well-built, move-in ready commercial property suited for a range of health and wellness services.

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First-Generation Medical/Retail Spaces

2791 Heartland Drive, Coralville, IA 52241

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2,831 sqft 1.40 AC lot

Two professional spaces with large windows offer flexible medical or retail setups in a high-visibility corridor.

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Medical Office or Retail Suites

2791 Heartland Drive, Coralville, IA 52241

Contact for pricing

2,911 sqft 1.40 AC lot

Two highly visible, large-window suites in a warm gray shell with tenant improvement allowance available for flexible medical or retail use.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Dubuque Commercial Development Site

6501 Boulder Brook Court, Dubuque, IA 52003

$600,000

2.93 AC lot

Prime commercial land with high visibility and highway frontage.

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Glen Avenue Commercial Development Opportunity

1105 W Glen Ave, Peoria, IL 61614

Contact for pricing

0.80 AC lot

Prime commercial land for development in Peoria's retail corridor.

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Prime Land in Randall Road

6850 Huntley Road, Carpentersville, IL 60110

$550,000

2.38 AC lot

2.38 acres in Carpentersville's Randall Road Commercial District.

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Prime Corner Lot in Carpentersville

Huntley Road lot: 009, Carpentersville, IL 60110

$550,000

2.41 AC lot

2.41 acre corner lot near Randall Road corridor.

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Off-Market Properties in Cedar Rapids, IA

Consider similar Off-Market properties in Cedar Rapids, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

MEDICAL BUILDING

5264 Council NE St, Cedar Rapids, IA 52402-2471

Value Estimation by Request

70,326 sqft 5.87 AC lot

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MEDICAL BUILDING

411 10th SE St, Cedar Rapids, IA 52403-2442

Value Estimation by Request

26,566 sqft 2.27 AC lot

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MEDICAL BUILDING

3605 Ctr Pt NE Rd, Cedar Rapids, IA 52402-5571

Value Estimation by Request

4,367 sqft 0.70 AC lot

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MEDICAL BUILDING

4141 Glass NE Rd, Cedar Rapids, IA 52402-2512

Value Estimation by Request

4,993 sqft 1.15 AC lot

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MEDICAL BUILDING

119 14th SE St, Cedar Rapids, IA 52403-4026

Value Estimation by Request

1,952 sqft 0.08 AC lot

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MEDICAL BUILDING

4251 Riv Ctr NE Ct, Cedar Rapids, IA 52402-7549

$675,000

Estimated value

6,084 sqft 0.99 AC lot

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MEDICAL BUILDING

1444 2nd SE Ave, Cedar Rapids, IA 52403-2357

Value Estimation by Request

3,098 sqft 0.39 AC lot

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MEDICAL BUILDING

214 5th SW Ave, Cedar Rapids, IA 52404-5728

Value Estimation by Request

1,320 sqft 0.10 AC lot

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MEDICAL BUILDING

2215 Edgewood SW Rd, Cedar Rapids, IA 52404-4820

$510,000

Estimated value

5,554 sqft 1.15 AC lot

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MEDICAL BUILDING

1201 42nd NE St, Cedar Rapids, IA 52402-5772

$1,355,000

Estimated value

4,200 sqft 0.32 AC lot

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MEDICAL BUILDING

777 76th Ave SW Dr, Cedar Rapids, IA 52404-7006

$2,255,000

Estimated value

27,539 sqft 10.40 AC lot

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MEDICAL BUILDING

218 4th SW Ave, Cedar Rapids, IA 52404-5720

$1,325,000

Estimated value

11,240 sqft 0.50 AC lot

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MEDICAL BUILDING

3555 Stone Crk SW Cir, Cedar Rapids, IA 52404-1240

Value Estimation by Request

3,683 sqft 0.98 AC lot

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MEDICAL BUILDING

2405 Westdale SW Dr, Cedar Rapids, IA 52404-6330

Value Estimation by Request

4,164 sqft 0.57 AC lot

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MEDICAL BUILDING

4048 Glass NE Rd, Cedar Rapids, IA 52402-2509

$770,000

Estimated value

4,544 sqft

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MEDICAL BUILDING

1935 1st SE Ave, Cedar Rapids, IA 52402-5325

Value Estimation by Request

3,783 sqft 0.21 AC lot

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MEDICAL BUILDING

510 10th SE St, Cedar Rapids, IA 52403-1207

Value Estimation by Request

2,933 sqft 0.39 AC lot

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Cedar Rapids, IA Medical Office Space Market Trends and Statistics

Explore 72 medical office space for sale in Cedar Rapids, IA, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 97,637 square feet of properties for sale, with an estimated market value of $850,000.

Sale prices for medical spaces in Cedar Rapids, IA average $850,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 145K

Population Growth (5Y) +3.0%

Median Household Income $72,941

College Educated 21.6%

High-Yield Neighborhoods for Investment

Identify Cedar Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
52402	$9.2M

Taxes & Financing

Tax Rate (average for all types) 3.09%

Property Tax per SF $27.54 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Linn County

Office

Property Size Breakdown

The majority of commercial real estate listings in Cedar Rapids fall within the 25,000 to 50,000 square foot range.

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Cedar Rapids, IA Medical Office Space for Sale

4201 Glass Rd NE, Cedar Rapids, IA 52402

8806 St. Martin Boulevard, Cedar Rapids, IA 52406

1146 Blairs Ferry Road NE, Cedar Rapids, IA 52402

8806 Saint Martin Blvd SW Unit 102-105, Cedar Rapids, IA 52406

3900 River Ridge Dr NE #A, Cedar Rapids, IA 52402

5264 Council St NE, Cedar Rapids, IA 52402

240 Wiley Blvd SW, Cedar Rapids, IA 52404

Opportunities in Nearby Cities

131 Main Street, Shellsburg, IA 52332

131 Main Street East, Shellsburg, IA 52332

2791 Heartland Drive, Coralville, IA 52241

2791 Heartland Drive, Coralville, IA 52241

Potential Development Sites for Consideration

6501 Boulder Brook Court, Dubuque, IA 52003

1105 W Glen Ave, Peoria, IL 61614

6850 Huntley Road, Carpentersville, IL 60110

Huntley Road lot: 009, Carpentersville, IL 60110

Off-Market Properties in Cedar Rapids, IA

5264 Council NE St, Cedar Rapids, IA 52402-2471

411 10th SE St, Cedar Rapids, IA 52403-2442

3605 Ctr Pt NE Rd, Cedar Rapids, IA 52402-5571

4141 Glass NE Rd, Cedar Rapids, IA 52402-2512

119 14th SE St, Cedar Rapids, IA 52403-4026

4251 Riv Ctr NE Ct, Cedar Rapids, IA 52402-7549

1444 2nd SE Ave, Cedar Rapids, IA 52403-2357

214 5th SW Ave, Cedar Rapids, IA 52404-5728

2215 Edgewood SW Rd, Cedar Rapids, IA 52404-4820

1201 42nd NE St, Cedar Rapids, IA 52402-5772

777 76th Ave SW Dr, Cedar Rapids, IA 52404-7006

218 4th SW Ave, Cedar Rapids, IA 52404-5720

3555 Stone Crk SW Cir, Cedar Rapids, IA 52404-1240

2405 Westdale SW Dr, Cedar Rapids, IA 52404-6330

4048 Glass NE Rd, Cedar Rapids, IA 52402-2509

1935 1st SE Ave, Cedar Rapids, IA 52402-5325

510 10th SE St, Cedar Rapids, IA 52403-1207

Cedar Rapids, IA Medical Office Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Property Size Breakdown

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