Cedar Rapids, IA Office Units for Sale

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Updated: Feb 27

Cedar Rapids Industrial Investment Opportunity

2055 N Towne Ln NE, Cedar Rapids, IA 52402

$3,995,000

63,200 sqft

Fully leased to a strong‑credit, multi‑state contractor providing immediate income.
Attractive 8.7% cap rate in Year 1 with increasing NOI in Year 2.
Recent capital improvements including new plumbing, electrical, fire suppression, LED lighting, and roof repairs.
Quick access to I‑380 on the NE side of Cedar Rapids.
60,000 SF of warehouse space with six dock doors and one drive‑in door.

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This listing looks promising.

Here's a quick look at some key insights for

2055 N Towne Ln NE, Cedar Rapids, IA 52402

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Est. Cap Rate

8.3%
Above avg (5.9%)
Est. NOI

$331K
Annual
Mortgage

$940K
Dec 2024
Last Sold

Dec 2024
$750K
Property Type

Warehouse, Storage
Built 1965

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Updated: Jun 2

Multi-Use Commercial Facility

1620 W Post Rd SW, Cedar Rapids, IA 52404

$850,000

5,935 sqft 0.78 AC lot

1984‑built multi‑use commercial property with frame/pole construction, metal roof, and concrete flooring
Includes 720 SF office space with 2 private offices, breakroom, and restroom
2,100 SF attached warehouse with two 10x12 overhead garage doors (gross lease available for this portion)
1,600 SF multipurpose area with a 12x12 OHD, currently outfitted as basketball court and batting cage, plus additional restroom
1,515 SF three‑stall garage for storage or shop use, enclosed by a fenced perimeter with motorized gate

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Multi-Suite Office Building

4820 Armar Drive SE, Cedar Rapids, IA 52403

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10,258 sqft 1.04 AC lot

Up to three office suites are available, offering flexible space within a commercial-zoned property.

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Multi-Suite Office Building

4820 Armar Drive SE, Cedar Rapids, IA 52403

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10,258 sqft 1.04 AC lot

For-sale commercial office building offering up to three suites, with space sizes to be verified.

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Flex Industrial Warehouse with Office

1402 18th Street SW, Cedar Rapids, IA 52404

$850,000

8,474 sqft

Well-maintained flex warehouse includes a clear-span warehouse, two-level office, and paved outdoor storage yard.

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Multi-Suite Office Building

4820 Armar Drive SE, Cedar Rapids, IA 52403

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10,258 sqft 1.04 AC lot

For sale office property with up to three suites and approximate 5,130 sq ft available for tenant customization.

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Flex Building with Warehouse Doors

1620 W Post Road SW, Cedar Rapids, IA 52404

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4,420 sqft 0.78 AC lot

Flexible space with heated warehouse, secure fenced lot, and a heated office area suited for operations needing on-site storage.

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Office Units with On-Site Parking

576 Boyson Road, Cedar Rapids, IA 52400

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14,861 sqft

Office space cleaned to fresh walls, floors, and ceiling, with substantial on-site parking including an employee entrance at the rear.

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Multi-Tenant Office Campus

4211 Glass Rd NE, Cedar Rapids, IA 52402

$2,250,000

28,472 sqft 5.66 AC lot

Well-maintained multi-tenant office campus on a wooded site with convenient access to Cedar Rapids amenities.

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Ground-Up Office Suite Opportunity

3645 Stone Creek, Cedar Rapids, IA 52404

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10,284 sqft 2.50 AC lot

Flexible office space with a gravel floor and landlord white-envelope buildout options for tenant customization.

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Modern Office Building with Built-In Gym

6205 11th Street SW, Cedar Rapids, IA 52404

$1,300,000

9,600 sqft 2.21 AC lot

Built in 2008 with limestone and masonry brick exterior, plus a private gym and kitchenette for on-site convenience.

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Downtown Flex Building with Billboard

724 3rd Avenue SE, Cedar Rapids, IA 52401

$1,122,000

16,800 sqft

Two-story facility with showroom, office, warehouse, and basement storage plus ceiling heights from 11 to 25 feet.

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Cedar Rapids Commercial Space

5271 N Park Place, Cedar Rapids, IA 52402

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9,800 sqft 1.53 AC lot

Versatile commercial space suitable for office or retail use.

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Connected Retail and Office Suites

8806 St. Martin Boulevard, Cedar Rapids, IA 52404

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10,013 sqft 4.48 AC lot

Versatile connected suites with highway-adjacent access and ample parking for retail, office, or service use.

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Multi-Level Live-Work Office Building

2919 1st Ave SE, Cedar Rapids, IA 52403

$475,000

4,140 sqft

Three separate entrances serve office, education, and meeting space, plus partially renovated upper-level residential living.

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Versatile Retail and Office Suites

8806 St. Martin Boulevard, Cedar Rapids, IA 52404

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10,013 sqft

Connected commercial suites with ample parking and highway access, suited for retail, office, or medical uses.

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Connected Retail and Office Suites

8806 St. Martin Boulevard, Cedar Rapids, IA 52406

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10,013 sqft

Connected suites with off-highway visibility and ample parking, suited for retail, office, medical, or service uses.

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Downtown Office Building with Reconfigurable Space

526 2nd Avenue SE, Cedar Rapids, IA 52401

$595,000

18,309 sqft

Multi-story downtown office building with private offices and conference rooms suited for professional or medical users.

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Connected Retail/Office Suites

8806 St Martin Boulevard, Cedar Rapids, IA 52404

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10,013 sqft

Connected suites with off-highway access and ample parking for flexible retail, office, medical, or service use.

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Remodeled Flex Office and Warehouse

4627 J Street SW, Cedar Rapids, IA 52404

$345,000

2,000 sqft

Freshly remodeled flex setup includes a multi-office reception area, conference space, media area, and separate warehouse.

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Retail and Office Suites

8806 St. Martin Boulevard, Cedar Rapids, IA 52404

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10,013 sqft

Versatile connected retail and office suites with ample parking and highway-proximate access in Cedar Rapids.

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Shell Office Suite with Flexible Layout

5005 Bowling St SW, Cedar Rapids, IA 52404

$795,000

9,980 sqft

A 9,980 SF office suite cleared to shell condition, ready for a custom buildout or condo-style disposition.

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Versatile Commercial Space Near Collins

5255 Rockwell Drive NE, Cedar Rapids, IA 52402

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100,000 sqft 3.40 AC lot

12,000 SF commercial space near Collins Aerospace campus.

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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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Cedar Rapids, IA Office Units Market Trends and Statistics

Explore 47 office units for sale in Cedar Rapids, IA, showcased through 45 active listings on our real estate platform. These investment opportunities span a total of 489,633 square feet of properties for sale, with an estimated market value of $16,001,900.

Sale prices for office units in Cedar Rapids, IA start at $229,900, averaging $1,142,992, and reaching up to $3,995,000 — 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
52401	$350K
52404	$805K
52402	$1.5M

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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