320 3rd Street SE #2nd FloorCedar Rapids, IA 52401

Commercial · 19,200 Sq. ft. | 0.46 Acres
Active

320 3rd Street SE #2nd Floor Overview

Time on Site:
157 days
Visits:
3

Downtown Office Building with Drive-Thru & On-Site Parking. Turnkey, fully furnished office building for lease in the heart of downtown Cedar Rapids. This high-visibility property is well suited for a financial institution or professional office user and offers the rare combination of on-site parking in a downtown setting. The second floor features 12 private offices, a conference room, open work areas, breakroom with kitchen, and two restrooms, ideal for administrative or executive use. *Up to 12 on-site parking spaces are available for lease at $50 per space per month. The entire building is available for lease, with the option to lease individual floors.

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320 3rd Street SE #2nd Floor Facts & Features

  • Type Commercial
  • Sq. ft. 19,200
  • Lot 0.46 Acres

Details

General

Association/HOA

  • Association: false

Income/Expenses

  • Existing Lease Type: Net

Building Information

  • Year Built: 1940

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: SE Quadrant
  • Postal City: Cedar Rapids

Rent/Lease Information

  • Lease Considered: true
  • Tenant Pays: Electricity,Gas,Heat,Insurance,Janitorial Service,Taxes,Trash Collection,Water

Tax Information

  • Tax Annual Amount: 34350.0

General Information

  • Listing Terms: Lease,Lease Option
  • Parcel Number: 142812700500000
  • Property Sub Type: Office
  • Property Type: Commercial Lease
  • Zoning: Comm

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: true
  • Building Features: Elevator(s),Kitchen Facilities,Private Restrooms,Single-Tenant
  • Electric: 220 Volts
  • Flooring: Carpet
  • Interior Features: Storage
  • Leasable Area: 12800.0
  • Levels: Two
  • Living Area: 19200.0
  • Security Features: Security System
  • Stories: 2
  • Stories Total: 2

Unit Information

  • Unit Number: 2nd Floor

Exterior

Parking Information

  • Parking Features: Off Street

Lot Information

  • Lot Size Acres: 0.456
  • Lot Size Area: 0.456
  • Lot Size Dimensions: 19836
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Steel
  • Roof: Built-Up,Tar/Gravel

General Information

  • Exterior Features: Sprinkler/Irrigation
  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available

320 3rd Street SE #2nd Floor Neighborhood

Community

52401 (Cedar Rapids) Demographics

34
Median Age
1,624
Population Density (per sq. mile)
46%
College Educated
$39,361
Estimated Median Income
242
Estimated Total Home Owners
901
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

320 3rd Street SE #2nd Floor Market Data

Based on the last 30 days in this zip code

$350,204
Average List Price
$244
Average Price per Square Foot
2
Properties Sold
75
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

320 3rd Street SE #2nd Floor History

Date Event Value Agent
1/23/2026Source: Cedar Rapids Area MLS Added to Database
January 23, 2026
Listing provided courtesy of PRK Williams Realty- MLS# 2600637MLS Provider