724 3rd Ave SE
724 3rd Ave SE, Cedar Rapids, IA 52401
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.
*Suite 720 3rd Ave SE (west side of the building) approximately 7,700 SF also available for sale. Contact listing agents for more details.
Building Details
- For Sale $1,122,000
- Property Type Retail
- Property Size 16,800 SF
- Lot Size 0.3 Acre
- Zoning FORM
- Additional Rent Price on request
- # of Floors 2
- Date Updated Nov 6, 2026
Reach out to the broker for more info on lease terms and amenities
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Contacts
WSG CRE
WSG CRE
WSG CRE
WSG CRE
Location
- City Cedar Rapids, IA
- Zip Code 52401
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Walk score 84/100 Very Walkable
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Transit score 37/100 Some Transit
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Bike score 69/100 Bikeable
Points of Interest
Kum & Go
0.53 miles
Casey's General Store
0.56 miles
ChargePoint
0.59 miles
Fas Fuel
0.64 miles
Sinclair - Hawkeye
0.81 miles
Conoco
0.97 miles
Caseys
1.10 miles
Tesla Supercharger
1.72 miles
Hy-Vee Gas Station
1.76 miles
Kwik Shop
1.82 miles
Immaculate Conception Catholic Church Parking
0.14 miles
Five Seasons Parking Ramp
0.29 miles
3rd Avenue Ramp
0.30 miles
GTC Ramp
0.43 miles
Lot 9
0.45 miles
Lot 10
0.45 miles
Paramount Lot
0.47 miles
Lot 12
0.50 miles
CRST Parking Garage
0.51 miles
May's Island Ramp
0.61 miles
Babanur International Grocery
0.67 miles
K.A.F.F. Oriental & African Market
0.68 miles
Hy-Vee
0.76 miles
New Pioneer Food Co-Op
2.19 miles
Town and Country Shopping Center
2.76 miles
Fareway
2.84 miles
Our Himalayan Store
2.95 miles
Kohl's
3.39 miles
TJ Maxx
3.45 miles
Cassil Motors
3.49 miles
Listing Summary
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Property Financials 724 3rd Ave SE is currently listed for sale at $1,122,000 for a price per square foot of $66.79.
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Property Details 724 3rd Ave SE totals 16,800 square feet of Retail space across 2 floors on a lot spanning 0.3 acres.
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Area Characteristics In terms of ease of commuting, the area has a walk score of 84, indicating that it is very walkable.