Cedar Rapids, IA Retail Space for Sale

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Marion, IA Hiawatha, IA Robins, IA

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Updated: May 22, 2025

Downtown Cedar Rapids Redevelopment Opportunity

222 2nd Avenue, Cedar Rapids, IA 52401

$10,700,000

186,355 sqft

Substantial Size: 186,355 SF building offers significant space.
Prime Downtown Location: Situated in the heart of downtown Cedar Rapids, providing excellent access and visibility.
Redevelopment Potential: Suitable for office, hospitality, retail, or restaurant redevelopment.
Ample Parking: Includes a 42‑stall surface parking lot and a 256‑stall parking garage.
Historic Building: Originally built in 1925, offering unique architectural character.

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This listing looks promising.

Here's a quick look at some key insights for

222 2nd Avenue, Cedar Rapids, IA 52401

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Est. Cap Rate

8.4%
Above avg (5.9%)
Est. NOI

$895K
Annual
Price @ 7% Cap

$12.79M
Above asking

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Updated: Apr 8

Commercial Space in Cedar Rapids

Ders Drive NW lot: 9, Cedar Rapids, IA 52404

$1,802,705

13,248 sqft · 2.73 AC lot

Customizable size and style: Build to suit your specific needs.
New construction: Benefit from modern design and construction standards.
Estimated 12‑week availability for vanilla shell: Relatively quick turnaround time.
Year Built: 2026 (Brand new property).
Durable metal roof: Long‑lasting and low‑maintenance.

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Remodeled Retail Space in Cedar Rapids

812 Ellis Boulevard NW, Cedar Rapids, IA 52405

Contact for pricing

800 sqft · 0.03 AC lot

Stylish 800 sq ft commercial space near downtown and casino.

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Downtown Cedar Rapids Investment Opportunity

808 3rd Ave Se, Cedar Rapids, IA

$575,000

7,300 sqft · 0.30 AC lot

Stabilized investment property in Cedar Rapids' MedQuarter, long-term tenant.

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Commercial Space in Cedar Rapids

Ders Drive NW lot: 9A, Cedar Rapids, IA 52404

$960,655

6,192 sqft · 1.37 AC lot

Retail space available for sale in Cedar Rapids, Iowa.

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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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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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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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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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Corner Retail Suite with Restroom

1115 Blairs Ferry Rd NE Unit 100, Cedar Rapids, IA 52402

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2,100 sqft

Suite 100 offers a built-out restroom in a corner position within the Northtowne Market retail development.

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Retail Opportunity in Home Depot Outlot

4529 1st Ave Se, Cedar Rapids, IA 52402

$375,000

6,600 sqft · 0.51 AC lot

6,600 SF retail building in high-traffic location, sold as-is.

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Retail Storefront with Parking

576 Boyson Rd Unit 112, Cedar Rapids, IA 52402

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Cleaned retail storefront with ample on-site parking and an employee entrance in the rear.

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Stand-Alone NNN PetSmart in Iowa

3825 Westdale Pkwy SW, Cedar Rapids, IA

$4,143,312

18,241 sqft · 0.49 AC lot

Stand-alone NNN PetSmart built in 2017 in Cedar Rapids, IA.

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Corner Property with Redevelopment Potential

3210 Center Point Rd Ne, Cedar Rapids, IA 52402

$1,095,000

1.66 AC lot

High-visibility corner property with salon, office space, and redevelopment potential.

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Based on your search, we've compiled 77 Potential Opportunities for your consideration. Besides 16 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 56 Off-Market properties to explore as potential leads, plus 1 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.

Retail Space in Multi-Tenant Strip Center

1101 Eagleview Blvd, Marion, IA 52302

Contact for pricing

7,400 sqft · 1.12 AC lot

2,560 SF retail suites with road exposure and front parking in a C-3 zoned strip center across from Walmart.

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Marion Commercial Space For Sale

2931 7th Avenue, Marion, IA 52302

Contact for pricing

11,964 sqft

Office or retail space available on 7th Avenue in Marion.

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Solon Retail Space For Sale

121 W Main St 102 & 103, Solon, IA 52333

$899,999

3,600 sqft

Well-maintained commercial space in Solon's downtown district.

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Solon Retail Space Available

121 W Main St 102 & 103, Solon, IA 52333

$899,999

3,600 sqft

Well-maintained commercial space in Solon's downtown district.

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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.

Prime PUD-Zoned Land Opportunity

3229 State Road 207, Elkton, FL 32033

$1,599,000

900 sqft · 2.07 AC lot

2.07 acres of PUD-zoned land in a growing 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.

RETAIL STORES (PERSONAL SERVICES)

329 12th Ave Se Ste, Cedar Rapids, IA 52401-2328

Unit 100

$1,245,000

Estimated value

14,448 sqft

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RETAIL STORES (PERSONAL SERVICES)

6545 4th SW St, Cedar Rapids, IA 52404-4761

$635,000

Estimated value

4,500 sqft · 2.38 AC lot

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RETAIL STORES (PERSONAL SERVICES)

615 K NW Ave, Cedar Rapids, IA 52405-2500

Value Estimation by Request

2,497 sqft · 0.15 AC lot

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RETAIL STORES (PERSONAL SERVICES)

2734 Mt Vernon SE Rd, Cedar Rapids, IA 52403-3552

Value Estimation by Request

1,084 sqft · 0.21 AC lot

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RETAIL STORES (PERSONAL SERVICES)

624 5th SE Ave, Cedar Rapids, IA 52401

Value Estimation by Request

5,372 sqft · 0.12 AC lot

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RETAIL STORES (PERSONAL SERVICES)

324 Edgewood NW Rd, Cedar Rapids, IA 52405-3650

$2,020,000

Estimated value

14,739 sqft · 1.87 AC lot

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RETAIL STORES (PERSONAL SERVICES)

720 3rd SE Ave, Cedar Rapids, IA 52401

$610,000

Estimated value

7,700 sqft · 0.19 AC lot

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RETAIL STORES (PERSONAL SERVICES)

280 Prospect SW Pl, Cedar Rapids, IA 52404-4619

Value Estimation by Request

5,400 sqft · 0.53 AC lot

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Cedar Rapids, IA Retail Space Market Trends and Statistics

Explore 72 retail space for sale in Cedar Rapids, IA, showcased through 16 active listings on our real estate platform. These investment opportunities span a total of 237,936 square feet of properties for sale, with an estimated market value of $18,556,672.

Sale prices for retail space in Cedar Rapids, IA start at $375,000, averaging $3,092,778, 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	$735K
52404	$1.4M
52401	$10.7M

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 Space for Sale

222 2nd Avenue, Cedar Rapids, IA 52401

Ders Drive NW lot: 9, Cedar Rapids, IA 52404

812 Ellis Boulevard NW, Cedar Rapids, IA 52405

808 3rd Ave Se, Cedar Rapids, IA

Ders Drive NW lot: 9A, Cedar Rapids, IA 52404

5271 N Park Place, Cedar Rapids, IA 52402

8806 St. Martin Boulevard, Cedar Rapids, IA 52404

8806 St. Martin Boulevard, Cedar Rapids, IA 52404

8806 St. Martin Boulevard, Cedar Rapids, IA 52406

8806 St. Martin Boulevard, Cedar Rapids, IA 52404

8806 St Martin Boulevard, Cedar Rapids, IA 52404

1115 Blairs Ferry Rd NE Unit 100, Cedar Rapids, IA 52402

4529 1st Ave Se, Cedar Rapids, IA 52402

576 Boyson Rd Unit 112, Cedar Rapids, IA 52402

3825 Westdale Pkwy SW, Cedar Rapids, IA

3210 Center Point Rd Ne, Cedar Rapids, IA 52402

Opportunities in Nearby Cities

1101 Eagleview Blvd, Marion, IA 52302

2931 7th Avenue, Marion, IA 52302

121 W Main St 102 & 103, Solon, IA 52333

121 W Main St 102 & 103, Solon, IA 52333

Potential Development Sites for Consideration

3229 State Road 207, Elkton, FL 32033

Off-Market Properties in Cedar Rapids, IA

329 12th Ave Se Ste, Cedar Rapids, IA 52401-2328

6545 4th SW St, Cedar Rapids, IA 52404-4761

615 K NW Ave, Cedar Rapids, IA 52405-2500

2734 Mt Vernon SE Rd, Cedar Rapids, IA 52403-3552

624 5th SE Ave, Cedar Rapids, IA 52401

324 Edgewood NW Rd, Cedar Rapids, IA 52405-3650

720 3rd SE Ave, Cedar Rapids, IA 52401

280 Prospect SW Pl, Cedar Rapids, IA 52404-4619

Cedar Rapids, IA Retail 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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