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Executive Summary

FOR SALE OR FOR LEASE. 120 year old historic building that looks and feels like new! Well kept 2 story concrete frame with character and interesting stories through the years. Strategically located next to the MED Q with easy access to I-380. 12 stalls off street parking and free parking along 8th Street SE. Multiple ingress / egress could allow multiple tenants on both floors. Full functional basement for storage and other uses.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,800 SF
Building Class
C
Year Built
1905
Price
$2,319,208 CAD
Price Per SF
$138.05 CAD
Percent Leased
Vacant
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.01
Lot Size
0.38 AC
Opportunity Zone
Yes
Zoning
UFD
Frontage
60’ on 3RD AVE

Amenities

  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Position
  • Available
  • 1st Floor
  • 16,800 SF
  • Retail
  • -
  • Now

FOR SALE OR FOR LEASE. 120 year old historic building that looks and feels like new! Well kept 2 story concrete frame with character and interesting stories through the years. Strategically located next to the MED Q with easy access to I-380. 12 stalls off street parking and free parking along 8th Street SE. Multiple ingress / egress could allow multiple tenants on both floors. Full functional basement for storage and other uses.

Space Size Space Use Position Available
1st Floor 16,800 SF Retail - Now

1st Floor

Size
16,800 SF
Space Use
Retail
Position
-
Available
Now

1st Floor

Size 16,800 SF
Space Use Retail
Position -
Available Now

FOR SALE OR FOR LEASE. 120 year old historic building that looks and feels like new! Well kept 2 story concrete frame with character and interesting stories through the years. Strategically located next to the MED Q with easy access to I-380. 12 stalls off street parking and free parking along 8th Street SE. Multiple ingress / egress could allow multiple tenants on both floors. Full functional basement for storage and other uses.

Moderately walkable
70/100
Very drivable
80/100
Some public transit
50/100
Moderately bikeable
60/100

Nearby Major Retailers

Bank of Montreal
PNC Bank
U.S. Bank
Wells Fargo
Starbucks
Scooter's Coffee
Hy-Vee

Property Taxes

Property Taxes

Parcel Number
14214-78001-00000
Land Assessment
$137,515 CAD
Improvements Assessment
$1,112,674 CAD
Total Assessment
$1,250,190 CAD
  • Listing ID: 38435593

  • Date on Market: 2025-11-13

  • Last Updated:

  • Address: 724 3rd Ave SE, Cedar Rapids, IA 52401

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