• Broker Ryan Fitzpatrick 3192291003
  • Broker Parker Ridge 3192291003

526 2nd Ave SE 18,309 SF 33% Leased Office Building Cedar Rapids, IA 52401 $645,000 ($35.23/SF)

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EXECUTIVE SUMMARY

Cushman & Wakefield Iowa Commercial Advisors Exclusively Offers:
Contact listing agent for availability.
18,309 total SF of professional office space conveniently located on 2nd Avenue Cedar Rapids, IA
Part of the 2nd and 3rd Avenue Historic District
Within five minutes to I-380 and Hwy 151
900 SF remodel completed in 2020 of third floor
3,443 SF remodel of lower level completed in 2014
Nearby businesses include; Verizon Business, KCRG TV-9, Cedar Rapids Bank & Trust, Greene Square Park, and Cedar Rapids Public Library

ATTACHMENTS

Cedar Rapids, 526 2nd Ave SEcompressed (3)

PROPERTY FACTS

Sale Type
Investment
Property Type
  • Office
  • OfficeLoft Creative Space
  • Office Medical
Office
Building Size
18,309 SF
Building Class
C
Year Built
1905
Price
$645,000
Price Per SF
$35.23
Percent Leased
33%
Tenancy
Multiple
Building Height
3 Stories
Typical Floor Size
6,103 SF
Building FAR
1.62
Lot Size
0.26 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
U-DG - Urban Downtown General
Parking
3 Spaces (0.16 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Floor
  • 6,103 SF
  • Office
  • -
  • Now
  • 2nd Floor
  • 6,103 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Floor 6,103 SF Office - Now
2nd Floor 6,103 SF Office - Now

1st Floor

Size
6,103 SF
Space Use
Office
Condition
-
Available
Now

2nd Floor

Size
6,103 SF
Space Use
Office
Condition
-
Available
Now
Walk Score®
Very Walkable (77)
Bike Score®
Very Bikeable (81)

PROPERTY TAXES

Parcel Number 14214-54001-00000 Improvements Assessment $741,300
Land Assessment $134,400 Total Assessment $875,700

PROPERTY TAXES

Parcel Number
14214-54001-00000
Land Assessment
$134,400
Improvements Assessment
$741,300
Total Assessment
$875,700

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  • Listing ID: 32000922

  • Date on Market: 6/3/2024

  • Last Updated: 7/2/2025

  • Address: 526 2nd Ave SE, Cedar Rapids, IA 52401