724 3rd Avenue SE, Cedar Rapids, IA 52401
Linn County
Key Facts
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!
Property Information
Property Type
Commercial Lease
Sub-Type
Office
Year Built
1905
Stories
2
Living Area
16,800 sq ft
Lot Size
0.19 acres
Lot Dimensions
8400
Zoning
UFD
Days on Market
73
MLS® Listing#
2509237
Property Features
Interior
Cooling
Heating
Flooring
Parking
Construction
Roof
Windows
Utilities
Sewer
Water Source
Financial Details
HOA
None
Annual Taxes
$30,970
Parcel Number
14214-78001-00000
Directions
NW corner of 3rd Avenue SE and 8th Street SE.
Affordability Calculator
$340,000
Estimated monthly payment
$9,048/mo
Principal $1,360,000 · Est. interest $1,897,321 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cedar Rapids, IA
- $305,473
- Median Listing Price
- 71
- Median Days on Market
- 1,659
- Median Sq Ft
- $166
- Median Price / Sq Ft
- 424
- Active Listings
- This home’s price is 457% above the area median.
- Its price per sq ft is 39% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Cedar Rapids, IA.
Location
Map is currently unavailable for this location.
Points of Interest in Cedar Rapids, IA
Showing the Cedar Rapids area map.
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 5015 Center Point Road NE, Cedar Rapids, IA | $1,200,000 | — | — | — |
| 1700 Boyson Road NE, Cedar Rapids, IA | $1,200,000 | — | — | 17,749 |
| 0 16th Avenue SW, Cedar Rapids, IA | $1,250,000 | — | — | — |
| 5230 Edgewood Road NE, Cedar Rapids, IA | $1,251,378 | — | — | — |
| S of River Bluffs Drive NW, Cedar Rapids, IA | $1,273,500 | — | — | — |
| Lot 9b Ders Drive NW, Cedar Rapids, IA | $1,275,149 | — | — | 8,502 |
Moving Cost Estimate
EXIT Agents in Cedar Rapids
Listing Courtesy: Realty87 - 3193788760
Presented by: Jim Angstman