2919 1st SE Ave Cedar Rapids, IA 52402-4426
- Office buildings
- 2,760 SF
- 0.36 lot acres
Current Use by Public Records
- Parlor City Deck Solutions / Deck Builder
- ProTecht Properties / Lawn Care Service / Property Maintenance
Property Details for 2919 1st SE Ave
- Year built
- 1957
- Lot size
- 0.36 lot acres
- Property size
- 2,760 SF
- Property type
- Office buildings
- APN
- 14-11-3-54-011-0-0000
- APU
- 141135401100000
Description
This exceptional Cedar Rapids property, located at 2919 1st Ave SE, offers 4,140 square feet of immediately available Class A office space in a meticulously renovated building. The 15,660-square-foot building, constructed in 1957 and extensively renovated in 2020, boasts a versatile layout ideal for a variety of uses, including traditional office, coworking, or creative office spaces. The main level provides high-quality office space, while the upper level features partially renovated residential living space complete with new flooring, lighting, and paint, presenting a unique live-work opportunity. The lower level offers adaptable space perfect for conferences, meetings, or educational purposes. Each of the three levels benefits from separate entrances, new windows and blinds, and private restrooms. Ample parking is available with 16 spaces, including 12 off-street spaces to the south and 4 conveniently located off 1st Avenue. The property also includes a vacant lot at 2925 1st Ave SE. The building features a new roof (2020) and a newer HVAC system. The property is zoned Trad MU and sits on a 0.36-acre lot. The minimum divisible space is 4,140 square feet, with a maximum contiguous space of 4,140 square feet. This is a rare opportunity to acquire a versatile, high-quality commercial property in a desirable Cedar Rapids location with excellent 1st Avenue visibility. The property's unique blend of office and residential space, combined with its modern amenities and convenient location, makes it an attractive investment. The building's three levels provide flexibility for various business needs and the inclusion of the adjacent vacant lot offers potential for future expansion or development.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6344
- Latitude
- 42.0069
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
