Images
Request Info$1,122,000
Active
724 3rd Avenue SE Overview
- Time on Site:
- 12 days
- Visits:
- 8
Located at 724 & 725 3rd Avenue SE in Downtown Cedar Rapids, this 16,800 SF two-story commercial property includes both the main building and the adjacent lot at 725 3rd Avenue SE. The property offers a versatile combination of showroom, office, warehouse, and storage space, featuring a large showroom and warehouse area, five private offices, elevator access, basement storage, a new digital billboard, and ceiling heights ranging from 11 to 25 feet. The property also features ample parking on the included adjacent lot, additional street parking and convenient access to Interstate 380. Situated in one of Cedar Rapids’ most active commercial districts, the property is surrounded by a growing mix of businesses, restaurants, and residential developments. Its flexible layout, strong visibility, and central location make it an excellent opportunity for businesses, owner-users, or investors seeking a well-positioned downtown asset.
Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map
724 3rd Avenue SE Facts & Features
- Type Commercial
- Sq. ft. 16,800
- Price/Sq.ft. $67
- Lot 0.19 Acres
Details
General
Building Information
- Year Built: 1905
Location/Region
- County Or Parish: Linn
- MLS Area Major: SE Quadrant
- Postal City: Cedar Rapids
Rent/Lease Information
- Lease Considered: false
Tax Information
- Tax Annual Amount: 28890.0
General Information
- Inclusions: Building,Land
- Listing Terms: Cash
- Parcel Number: 142147800100000/142148000400000
- Property Sub Type: Office
- Property Type: Commercial Sale
- Zoning: Urb
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
- Basement: true
- Building Features: Elevator(s),Kitchen Facilities,Private Restrooms,Pole Sign,Single-Tenant
- Electric: 220 Volts
- Flooring: Carpet
- Interior Features: Storage
- Levels: Two
- Living Area: 16800.0
- Stories: 2
- Stories Total: 2
- Window Features: Display Window(s)
Exterior
Parking Information
- Parking Features: Off Street
Lot Information
- Lot Size Acres: 0.19
- Lot Size Area: 0.19
- Lot Size Dimensions: .19 Acre
- Lot Size Units: Acres
- Water Source: Public
Building Exterior/Construction
- Construction Materials: Frame
- Roof: Membrane
General Information
- Sewer: Public Sewer
- Utilities: Electricity Available,Natural Gas Available
724 3rd Avenue SE 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
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.724 3rd Avenue SE Monthly Cost
724 3rd Avenue SE 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
724 3rd Avenue SE History
| Date | Value | Agent |
|---|---|---|
| 6/17/2026Source: Cedar Rapids Area MLS | June 17, 2026 |
Listing provided courtesy of SKOGMAN REALTY COMMERCIAL- MLS# 2604327