123 5th St SE

For Sale

123 5th St SE, Cedar Rapids, IA 52401

Prominent location in the heart of downtown Cedar Rapids with excellent visibility and accessibility. Enjoy the convenience of nearby restaurants, making it a convenient location for employees and clients. With its central location, the area provides an ideal setting for businesses seeking a dynamic and engaging office environment.Invest in an iconic piece of Cedar Rapids history with this renovated 32,256 SF office building. Originally constructed by the Palmer School of Handwriting in 1903 and updated in 2010, this property blends historic charm with modern functionality. Premier leasing opportunity with approximately 8,000 SF per floor. Enjoy abundant light, open floor plans, and state-of-the art facilities designed to enhance productivity and comfort.Invest in an iconic piece of Cedar Rapids history with this renovated 32,256 SF office building. Originally constructed in 1903 and updated in 2010, this property seamlessly blends historic charm with modern functionality. Premier leasing opportunity with approximately 8,000 SF per floor. This prime office space offers flexibility and functionality to suit your business needs. Enjoy abundant light, open floor plans, and state-of-the art facilities designed to enhance productivity and comfort.

Key features

  • Downtown office for sale or for lease
  • Excellent visibility and accessibility

Building Details

  • For Sale $3,200,000
  • Property Type Office - General Office
  • Property Size 32,256 SF
  • Lot Size 0.19 Acre
  • Additional Rent Price on request
  • Building Class B
  • Year Built 1903
  • Year Renovated 2010
  • Date Updated Aug 27, 2026
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Contacts

Adam Gibbs, SIOR

GLD Commercial

Location

  • City Cedar Rapids, IA
  • Zip Code 52401
  • Walk score 72/100 Very Walkable
  • Transit score 38/100 Some Transit
  • Bike score 81/100 Very Bikeable
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Points of Interest

ChargePoint

0.49 miles

Casey's General Store

0.51 miles

Kum & Go

0.71 miles

Fas Fuel

0.83 miles

Caseys

0.90 miles

Sinclair - Hawkeye

1.01 miles

Conoco

1.16 miles

Tesla Supercharger

1.68 miles

Hy-Vee Gas Station

1.72 miles

Kwik Shop

1.89 miles

Five Seasons Parking Ramp

0.10 miles

3rd Avenue Ramp

0.16 miles

Lot 9

0.24 miles

Lot 10

0.25 miles

Lot 12

0.28 miles

GTC Ramp

0.28 miles

Paramount Lot

0.29 miles

CRST Parking Garage

0.31 miles

Immaculate Conception Catholic Church Parking

0.36 miles

May's Island Ramp

0.40 miles

Johnny Boy's

0.69 miles

Big Z's Car Wash

1.62 miles

Five Seasons Detail

2.13 miles

Washmohr Car Wash

2.15 miles

Mt. Vernon Car Wash

2.35 miles

Sparkling Image Car Wash

2.59 miles

Enterprise

2.78 miles

Mister

2.96 miles

Tommy's Express Car Wash

3.28 miles

Hertz

3.30 miles

Bricks Bar & Grill

0.09 miles

Allure

0.12 miles

Teeghans Ice Bar

0.13 miles

Primo Burrito

0.15 miles

Taco Bell

0.15 miles

Deb's Ice Cream & Deli

0.16 miles

Izumi Sushi and Hibachi

0.16 miles

Rock Bar American Grill

0.17 miles

350 First

0.18 miles

The Vault

0.18 miles

Babanur International Grocery

0.78 miles

K.A.F.F. Oriental & African Market

0.88 miles

Hy-Vee

0.95 miles

New Pioneer Food Co-Op

2.26 miles

Town and Country Shopping Center

2.93 miles

Our Himalayan Store

3.00 miles

Fareway

3.01 miles

JCPenney

3.31 miles

Ross

3.43 miles

Burlington

3.46 miles

Cedar Rapids Fire Department Central Station

0.20 miles

UnityPoint Health Work Well Clinic Therapy Plus

0.30 miles

Physicians Clinic of Iowa

0.34 miles

Medical Plaza

0.36 miles

Mercy Care Downtown

0.37 miles

Mercy Medical Center

0.43 miles

Saint Lukes Surgery Center

0.44 miles

Saint Luke's Hospital

0.46 miles

Cedar Rapids OB Gyn

0.48 miles

Helen G. Nassif Center for Woman's & Children's Health

0.48 miles

Listing Summary

  • What is the asking price at 123 5th St SE?

    123 5th St SE is currently listed for sale at Price on request.

  • What is the total size of 123 5th St SE?

    123 5th St SE has a total of 32,256 square feet.

  • What is the year built for 123 5th St SE?

    The year built for 123 5th St SE is 1903.

Contact Adam Gibbs, SIOR
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