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1010 3rd Avenue SW Cedar Rapids, IA 52404 • Commercial - Office • Active

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Description

Great opportunity for an owner user/investor to buy this warehouse and office combo. This offering is for a two story, 5,964 SF office building located at 1011 2nd Ave SW and a 17,537 SF warehouse located across the parking lot at 1010 3rd Ave SW. The purchase includes 6 total parcels that equal 1.079 AC. The warehouse has one 8,000 SF non-profit tenant occupying a suite, the rest of the warehouse can be available to a user. The office building will be vacant and available to lease at $10.00/SF MG and the warehouse space is for lease at $8.00/SF MG. The parcels included are: GPN #: 14291-64016-00000, 14291-64015-00000, 14291-64014-00000, 14291-64004-00000, 14291-64005-00000, 14291-64018-00000. Please contact listing agent for lease details.

Property Highlights

Property Type: Commercial - Office
Year Built: 1962
Lot Size: 1.08 acres

General Information

County: Linn
Listed By:
GLD COMMERCIAL Michael Gibbs 319-731-3400
Cedar Rapids MLS
$850,000
Est. $5,898/mo
New to the Market Active
SQUARE FEET23,501 MLS#2607626
STATUSActive PROPERTY TYPECommercial - Office
TOUR PROPERTY

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Agent Name: Ray McDevitt
 Agent Phone: (563) 940-0754
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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1010 3rd Avenue Sw, Unit 1011 2nd A, Cedar Rapids, IA 52404.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $850,000$850,000$850,000
Down Payment $170,000$29,750$212,500
Monthly Mortgage Amount $4,467$5,483$5,466
Taxes $1183$1183$1183
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$374$0
Monthly Estimated Total $5,898$7,288$6,897

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 11/04/2026. The listing information on this page last changed on 11/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 11/04/2026 12:01:29 AM EST) or MRED MLS (last updated Tue 11/03/2026 5:02:29 PM EST) or SCWMLS (last updated Tue 11/03/2026 11:55:08 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 11/03/2026 10:16:47 PM EST) or Cedar Rapids MLS (last updated Tue 11/03/2026 10:44:18 PM EST) or NEIRBR MLS (last updated Tue 11/03/2026 11:58:46 PM EST) or ICAAR MLS (last updated Tue 11/03/2026 11:37:35 PM EST) or ECIMLS (last updated Tue 11/03/2026 11:44:36 PM EST) or RMLSA (last updated Tue 11/03/2026 11:50:59 PM EST) or Muscatine MLS (last updated Wed 11/04/2026 12:00:16 AM EST) or No Coast MLS (last updated Tue 11/03/2026 11:54:25 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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