Skip To Content

724 3rd Avenue SE

Cedar Rapids, IA 52401
  • $1,700,000
  • STATUS: Active
  • ON SITE: 89 Days
  • MLS #: 2509237
UPDATED: 60 min ago
$1,700,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 16,800
    SQFT
  • $101
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1905
County:
Area:

School Ratings & Info

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!

© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-02-08T14:42:36.92.
www.buyandselliowa.com/homes/169786073
Print Image

724 3rd Avenue SE Cedar Rapids, IA 52401

  • Price: $1,700,000
  • Status: Active
  • On Site: 89 Days
  • Updated: 60 min ago
  • MLS #: 2509237
0
Beds
0
Baths
0
½ Baths
0.19
Acres
16,800
SQFT
$101
$/SQFT
1905
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
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!
Exterior Features

Construction Materials See Remarks Parking Features Off Street Roof Membrane

Interior Features

Basement YN Yes Cooling Central Air Cooling YN Yes Flooring Carpet Heating Central Heating YN Yes Interior Features Storage Levels Two Window Features Display Window(s)

Property Features

Association YN No Building Features Elevator(s) Kitchen Facilities Private Restrooms Pole Sign Single- Tenant Business Name Phelan's Interi Electric 220 Volts Inclusions Building Land Leasable Area 16800 Lease Amount 11900 Lease Considered YN Yes Listing Terms Cash Lease Lease Option Possession Negotiable Property Sub Type Office Property Sub Type Additional Office Retail Warehouse Sewer Public Sewer Tax Annual Amount 30970 Tenant Pays Common Area Maintenance Electricity Heat Insurance Janitorial Service Taxes Trash Collection Water Utilities Electricity Available Natural Gas Available Water Source Public Zoning UFD Zoning Description UFD

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Jim Angstman of Realty87: 319-378-8760.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-02-08T14:42:36.92.
 
https://bt-photos.global.ssl.fastly.net/cedarrapids/orig_boomver_2_2509237-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/orig_boomver_2_2509237-2.jpg https://bt-photos.global.ssl.fastly.net/cedarrapids/orig_boomver_2_2509237-2.jpg
Logo
Key Realty
4403 1st Av SE, #300
Cedar Rapids IA, 52402