Property

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$1,700,000

0 Beds 0 Baths 16,800 SQFT 0.19 Acres
Type: Com Lease

724 3rd Avenue SE
Cedar Rapids, IA 52401

MLS#: 2509237
Z Maryland
Z Maryland
Pinnacle Realty
Broker Associate
Phone: 319.431.0382
Office: 319.393.0900
Presented by: Realty87

Property Description

 

Ownership Opportunity! Step into history with this beautifully maintained 120-year-old landmark that blends timeless charm with modern updates! Ability to house multiple revenue lines under one roof, this two-story concrete frame building offers unique character and endless potential, located just steps from the MedQ and minutes from I-380 for easy access. Enjoy 12 off-street parking spaces plus free parking along 8th Street SE. With multiple entrances and exits, the layout easily supports single or multi-tenant use, making it ideal for offices, studios, or professional services. The fully functional basement provides extra storage and flexible space to fit your business needs. Don’t miss your chance to own or lease a piece of Cedar Rapids history—schedule your private showing today and imagine the possibilities in this one-of-a-kind property!

 

Interior Features

Bathrooms

Total Baths0

Other Interior Features

Air Conditioning Y/NYes
Basement (Y/N)Yes
FlooringCarpet
Heating Y/NYes
Interior AmenitiesStorage
Total Stories2
Window FeaturesDisplay Window(s)

General

Building FeaturesElevator(s), Kitchen Facilities, Private Restrooms, Pole Sign, Single-Tenant
Business NamePhelan's Interi
CityCedar Rapids
Construction MaterialsSee Remarks
CoolingCentral Air
CountyLinn
DirectionsNW corner of 3rd Avenue SE and 8th Street SE.
Electric220 Volts
HOANo
HeatingCentral
Leasable Area16,800 sqft
Lease Considered Y/NYes
Lease TypeNet
Leasehold Rent $/Mo11900
Legal DescriptionO T STR/LB 6 59
LevelsTwo
Lot Size UnitsAcres
MLS AreaSE Quadrant
ModificationTimestamp2026-01-22T16:16:07.567-00:00
PossessionNegotiable
PostalCityCedar Rapids
Property Sub Type AdditionalOffice, Retail, Warehouse
Property SubtypeOffice
Property TypeCommercial Lease
RoofMembrane
SewerPublic Sewer
Standard StatusActive
StatusActive
Stories Count2
Tax Annual Amount$30,970
Tenant PaysCommon Area Maintenance, Electricity, Heat, Insurance, Janitorial Service, Taxes, Trash Collection, Water
UtilitiesElectricity Available, Natural Gas Available
Year Built1905
ZoningUFD
Zoning DescriptionUFD

Exterior

InclusionsBuilding, Land
Lot Dimensions8400
Lot Size Acres0.19
Lot Size Area0 sqft
Parking FeaturesOff Street
Water SourcePublic

Additional Details

Price History

Schools 

High School Hubert H Humphrey Middle School
Middle School N/A
Elementary School Big Hollow Elementary School

  

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$1,700,000

0 Beds 0 Baths 16,800 SQFT 0.19 Acres
Type: Com Lease

724 3rd Avenue SE
Cedar Rapids, IA 52401

MLS#: 2509237
Z Maryland
Z Maryland
Pinnacle Realty
Broker Associate
Phone: 319.431.0382
Office: 319.393.0900

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