740 Kacena Rd 6,528 SF Office Building Hiawatha, IA 52233 $1,399,965 CAD ($214.46 CAD/SF)

This well-maintained industrial office/flex property offers a rare investment and owner-user opportunity in Hiawatha, Iowa. Situated on a 2.11-acre parcel, the asset includes 6,528 square feet of finished and functional space, featuring five private offices, a conference room, break areas, and a warehouse component with three overhead doors. Built in 2003, the building boasts metal siding, central HVAC, and a 15-foot clear height that supports a wide range of uses.
The property provides substantial upside with a large pad site suitable for an additional 12,000-square-foot facility, creating the potential for future expansion or income-building. Currently, one tenant occupies approximately 3,000 SF under a 5-year lease, delivering immediate income, while the remaining 3,528 SF of office/flex space is vacant and ready for occupancy.
Located just off Interstate 380 and Tower Terrace Road, the site provides excellent connectivity to Cedar Rapids and the surrounding metro area, supporting efficient operations and strong labor access. This flexible, income-producing property with expansion opportunity is available for $995,000.