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3223 1st Ave SE 4,085 SF Office Building Cedar Rapids, IA 52402 $475,000 ($116.28/SF)
INVESTMENT HIGHLIGHTS
- Highly visible 1st Avenue location.
- Retail, office or redevelopment opportunity.
EXECUTIVE SUMMARY
Prime commercial property available for sale along the high-traffic 1st Avenue corridor in Cedar Rapids. This site offers excellent visibility and access, ideal for retail, office, or redevelopment opportunities. The building features ample parking and flexible interior space to accommodate a range of users. Located in a strong trade area surrounded by national retailers, medical offices, and service providers.
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access |
ANNUAL | ANNUAL PER SF |
|---|---|---|
| Taxes |
-
|
-
|
| Operating Expenses |
-
|
-
|
| Total Expenses |
$99,999
|
$9.99
|
TAXES & OPERATING EXPENSES (ACTUAL - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Owner User
Property Type
Office
Property Subtype
Medical
Building Size
4,085 SF
Building Class
B
Year Built
1920
Price
$475,000
Price Per SF
$116.28
Tenancy
Single
Building Height
1 Story
Typical Floor Size
4,085 SF
Building FAR
0.24
Lot Size
0.39 AC
Zoning
TMUC - Traditional mixed use center.
Parking
24 Spaces (5.88 Spaces per 1,000 SF Leased)
1 1
Walk Score®
Very Walkable (74)
PROPERTY TAXES
| Parcel Number | 14113-30006-00000 | Improvements Assessment | $167,200 |
| Land Assessment | $117,500 | Total Assessment | $284,700 |
PROPERTY TAXES
Parcel Number
14113-30006-00000
Land Assessment
$117,500
Improvements Assessment
$167,200
Total Assessment
$284,700
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3223 1st Ave SE
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