Properties

PROPERTY DETAILS
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.

Property Type : Commercial Sale
Listing ID : 2600222
Listing Type : For Sale
Price : $1,975,000
Year Built : 1918
Lot Area : 0.19 Acre
Building Area Total : 57552
Lease Amount Unit : Dollars Per Square Foot
Property Type : Office
Area : SE Quadrant
Listing Status : Active
Property Sub Type : Office
Roof : Membrane
Property Subtype : Office
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
: Concrete , Carpet
: Public Sewer
: Electricity Available , Natural Gas Available
: Display Window(s)
Address Map
US
IA
Linn
Cedar Rapids
52401
3rd
118
Avenue
1st Ave to 2nd St SE, to 3rd Ave SE to 116/118
SE Quadrant
SE
Urban
More Information
SKOGMAN REALTY
John Beardsworth
$0
$0
$0
Additional Information
: Frame
220 Volts
8400
2026-01-08
8
8
https://www.propertypanorama.com/instaview/cdr/2600222
: Public
Financial
62162.0
Listing Information
Steve White
whitesteve121
CSKN05
SKOGMAN REALTY COMMERCIAL
beardsworthj121
CSKN
Cash
Active
2026-01-13T18:00:06Z
CDR
2026-01-08T16:02:00Z

118 3rd Avenue Se, Cedar Rapids, Iowa 52401

118 3rd Avenue Se, Cedar Rapids, Iowa 52401

  • Lot Area: 0.19 Acre
List Price: $1,975,000.00
Listing ID#2600222
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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