For Lease
$7/SF/YR

2919 1St Ave Cedar Rapids, IA 52402

1st Ave SE Office, Live/Work Potential

Overview

Added:
Dec 11, 2024
Days on market:
130
This exceptional Cedar Rapids property, located at 2919 1st Ave SE, offers 4,140 square feet of immediately available Class A office space in a meticulously renovated building. The 15,660-square-foot building, constructed in 1957 and extensively renovated in 2020, boasts a versatile layout ideal for a variety of uses, including traditional office, coworking, or creative office spaces. The main level provides high-quality office space, while the upper level features partially renovated residential living space complete with new flooring, lighting, and paint, presenting a unique live-work opportunity. The lower level offers adaptable space perfect for conferences, meetings, or educational purposes. Each of the three levels benefits from separate entrances, new windows and blinds, and private restrooms. Ample parking is available with 16 spaces, including 12 off-street spaces to the south and 4 conveniently located off 1st Avenue. The property also includes a vacant lot at 2925 1st Ave SE. The building features a new roof (2020) and a newer HVAC system. The property is zoned Trad MU and sits on a 0.36-acre lot. The minimum divisible space is 4,140 square feet, with a maximum contiguous space of 4,140 square feet. This is a rare opportunity to acquire a versatile, high-quality commercial property in a desirable Cedar Rapids location with excellent 1st Avenue visibility. The property's unique blend of office and residential space, combined with its modern amenities and convenient location, makes it an attractive investment. The building's three levels provide flexibility for various business needs and the inclusion of the adjacent vacant lot offers potential for future expansion or development.

Highlights

  • 4,140 SF of immediately available Class A office space in a renovated building.
  • Live/work opportunity with high 1st Avenue visibility.
  • New windows, blinds, and private restrooms on all three levels.
  • Main level features Class A office space; upper level offers partially renovated residential space with new flooring, lighting, and paint; lower level provides flexible space for various uses.
  • 16 parking spaces (12 off-street, 4 on-street).
  • New roof (2020) and newer HVAC system.

Property Details for 2919 1St Ave

Property type
Retail properties, Office properties
RSF (Rentable sq. ft)
15,660 SF
Class
A
Year Built/Renovated
1957/2020
Stories
3

Unit(s) available at that property

Space
Size
4,140 SF
Rate per SF
$7

Location Insight

City
Cedar Rapids
County
Linn
State
Iowa
Latitude
42.00671411
Longitude
-91.6348269
2919 1St Ave, Cedar Rapids, Iowa

FAQs

What type of property is this?
Retail property - 1st Ave SE Office, Live/Work Potential
Where is the retail property located?
The property is located at 2919 1St Ave Cedar Rapids, IA.
What is the lease rate?
The lease rate is $7/SF/YR.
What are key features of this property?
This property features: 4,140 SF of immediately available Class A office space in a renovated building.; Live/work opportunity with high 1st Avenue visibility.; New windows, blinds, and private restrooms on all three levels.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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2919 1St Ave
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