Property Description
Historic, renovated 8 story and 2 story office buildings in the center of downtown revitalization. Many floors and common areas remodeled with long term track record of 85-95% occupancy. Connection to skywalk system plus several tenant amenities. Renovation project recently completed to create ADA restrooms and access, as well as exterior painting of windows, canopy/soffit, new roof and fire escape update. Great opportunity for continued revenue growth. NDA required for qualified buyers. Owners are licensed Real Estate Agents in Iowa.
Features
: Central
: Central Air
: Carpet, Concrete
: Public Sewer
: Electricity Available, Natural Gas Available
: Display Window(s)
Address Map
IA
Linn
Cedar Rapids
52401
3rd
118
Avenue
W92° 19' 55.8''
N41° 58' 35.7''
1st Ave to 2nd St SE, to 3rd Ave SE to 116/118
SE Quadrant
SE
Urban
MLS Addon
SKOGMAN REALTY
John Beardsworth
Sqft0
Sqft0
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Additional Information
: Frame
220 Volts
8400
2026-01-08
8
8
: Public
Financial
62162.0
Listing Information
Steve White
whitesteve121
CSKN05
SKOGMAN REALTY COMMERCIAL
beardsworthj121
CSKN
Cash
Active
2026-01-08T22:02:35Z
CDR
2026-01-08T16:02:00Z
118 3rd Avenue Se, Cedar Rapids, Iowa 52401 - Commercial Sale For Sale
118 3rd Avenue Se, Cedar Rapids, Iowa 52401
57,552 Sqft
$1,975,000
Listing ID #2600222
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2600222
Price : $1,975,000
Square Footage : 57,552 Sqft
Year Built : 1918
Lot Area : 0.19 Acre
Status : Active
Property Sub Type : Office
Roof : Membrane
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
- Sales Team
- View website
- 3194239515
-
sales@twenty40concepts.com
Contact Agent

