Cedar Rapids, IA Retail Properties & Spaces for Sale

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Updated: Jun 16

Downtown Flex Building with Billboard

724 3rd Avenue SE, Cedar Rapids, IA 52401

$1,122,000

16,800 sqft

16,800 SF two‑story commercial property at 724 & 725 3rd Avenue SE, including a main building plus the adjacent lot at 725 3rd Avenue SE
Versatile interior with showroom, warehouse, five private offices, and basement storage
Ceiling heights range from 11 to 25 feet across showroom and warehouse areas
Elevator access plus air conditioning and heating
New digital billboard; display window(s) and storage included

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This listing looks promising.

Here's a quick look at some key insights for

724 3rd Avenue SE, Cedar Rapids, IA 52401

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Est. Cap Rate

7.9%
Above avg (5.9%)
Est. NOI

$88K
Annual
Price @ 7% Cap

$1.26M
Above asking
Property Type

Single Family Residence
Built 1900

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Updated: Jul 4

Three-Building Shopping Center

151 Jacolyn Drive NW, Cedar Rapids, IA 52405

$2,000,000

37,336 sqft 4.77 AC lot

Three commercial buildings totaling 37,336 square feet
4.77‑acre retail center site
Dollar General anchor with multiple retail tenants
Updated roofs across the buildings
Concrete block construction and concrete flooring

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Mixed-Use Property with Apartment

901 Oakland Road NE, Cedar Rapids, IA 52402

$345,000

5,524 sqft 0.38 AC lot

Retail-oriented commercial space combines an occupied shop, an upstairs residence, rear storage, and a full basement.

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Strip Mall Retail Suite with Front Windows

266 Blairs Ferry Rd NE, Cedar Rapids, IA 52402

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15,803 sqft 2.02 AC lot

Retail suite in a high-visibility Blairs Ferry Road strip center with large front windows, private office, restroom, and storage.

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Cedar Hills Retail Center

151 Jacolyn Drive NW, Cedar Rapids, IA 52405

$2,000,000

37,336 sqft 4.77 AC lot

Multi-building retail center on 4.77 acres in a high-traffic Cedar Rapids corridor anchored by Dollar General.

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Retail Unit #500 in Strip Center

266 Blairs Ferry Road NE, Cedar Rapids, IA 52402

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15,803 sqft 2.02 AC lot

Rear-side unit #500 offers an open retail area, private office, restroom, and utility closet with convenient parking steps away.

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Office Units with Metal Roof

600 Blairs Ferry Road NE, Cedar Rapids, IA 52402

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8,580 sqft 0.88 AC lot

Office units in a concrete-block building with metal roof and concrete flooring, built in 2006.

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Remodeled Storefront Retail Space

812 Ellis Boulevard NW, Cedar Rapids, IA 52405

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800 sqft 0.03 AC lot

Remodeled commercial space with outdoor seating, a private side parking area, and a custom outdoor kitchen lounge.

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Office Building with Drive-Through

320 3rd Street SE, Cedar Rapids, IA 52401

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19,200 sqft 0.46 AC lot

Two floors provide private offices, conference rooms, kitchens, open work areas, and suite restrooms for professional operations.

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Office Building with Drive-Through

320 3rd Street SE, Cedar Rapids, IA 52401

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19,200 sqft 0.46 AC lot

Furnished professional office property with private offices, conference areas, basement storage, and on-site parking.

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Freestanding Restaurant with Drive-Through

3401 E Avenue NW, Cedar Rapids, IA 52402

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2,927 sqft 1.17 AC lot

Substantially built-out restaurant with commercial kitchen infrastructure and prominent on-site signage.

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Retail Space with Highway Access

8806 St. Martin Boulevard, Cedar Rapids, IA 52404

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10,013 sqft 4.48 AC lot

Connected suites support retail, office, medical, and service-oriented commercial uses.

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Connected-Suite Retail Space

8806 St. Martin Boulevard, Cedar Rapids, IA 52406

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10,013 sqft

2013 commercial property with membrane roofing and a flexible connected-suite layout.

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Mixed-Use Retail and Apartments

2900/2912 1st Avenue NE, Cedar Rapids, IA 52402

$625,000

6,884 sqft

Five restored spaces combine leased commercial businesses with two apartments and parking improvements.

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Connected-Suite Retail Space

8806 St. Martin Boulevard, Cedar Rapids, IA 52404

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10,013 sqft

2013-built commercial property with flexible suites, highway proximity, and access to nearby hotels and airport facilities.

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Connected-Suite Retail Property

8806 St. Martin Boulevard, Cedar Rapids, IA 52404

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10,013 sqft

Connected commercial suites offer flexible space for retail, office, medical, or service-oriented uses.

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Stand-Alone NNN Retail Building

3475 Westdale Drive SW, Cedar Rapids, IA 52404

$6,595,555

40,703 sqft

Leased stand-alone Burlington Coat Factory property with a remaining term and scheduled 10% rent increase.

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Connected Retail Suites

8806 St Martin Boulevard, Cedar Rapids, IA 52404

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10,013 sqft

2013 commercial property with basement space, membrane roofing, and flexible connected suites.

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Retail Suite with Private Office

266 Blairs Ferry Rd Ne #200, Cedar Rapids, IA 52402

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15,803 sqft

Unit #200 offers open retail space, private office, restroom, storage, and large front windows in an anchored strip center.

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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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Renovated Pet Supply Retail Building

3825 Edgewood Road SW, Cedar Rapids, IA 52404

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18,295 sqft

Renovated and newly constructed 18,295 SF PetSmart retail building within Westdale Town Center.

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Open-Air Retail Shopping Center

2600 Edgewood Road Southwest, Cedar Rapids, IA 52404

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342,140 sqft

Open-air center anchored by major retailers including Burlington and JCPenney.

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Retail and Warehouse Flex Property

1725 Center Point Rd NE, Cedar Rapids, IA 52402

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2,192 sqft

Well-maintained retail/office and warehouse buildings totaling 2,192 SF, with recent seller updates.

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Multi-Tenant Retail Center Portfolio

5741 C St SW, Cedar Rapids, IA 52404

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24,232 sqft 4.09 AC lot

Two-building, masonry retail portfolio on 4.09 acres with a front-facing retention pond featuring a water feature.

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Cedar Rapids, IA Retail Properties & Spaces Market Trends and Statistics

Explore 72 retail properties & spaces for sale in Cedar Rapids, IA, showcased through 59 active listings on our real estate platform. These investment opportunities span a total of 1,224,210 square feet of properties for sale, with an estimated market value of $26,716,555.

Sale prices for stores in Cedar Rapids, IA start at $345,000, averaging $2,428,777, and reaching up to $10,700,000 — 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	$723.7K
52403	$1M
52405	$1.3M
52404	$2.9M
52401	$5.9M

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 Retail Properties & Spaces for Sale

724 3rd Avenue SE, Cedar Rapids, IA 52401

151 Jacolyn Drive NW, Cedar Rapids, IA 52405

901 Oakland Road NE, Cedar Rapids, IA 52402

266 Blairs Ferry Rd NE, Cedar Rapids, IA 52402

151 Jacolyn Drive NW, Cedar Rapids, IA 52405

266 Blairs Ferry Road NE, Cedar Rapids, IA 52402

600 Blairs Ferry Road NE, Cedar Rapids, IA 52402

812 Ellis Boulevard NW, Cedar Rapids, IA 52405

320 3rd Street SE, Cedar Rapids, IA 52401

320 3rd Street SE, Cedar Rapids, IA 52401