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1229-1233 1st Avenue SE

Cedar Rapids, IA 52403
  • $525,000
  • STATUS: Active
  • ON SITE: 15 Days
  • MLS #: 2606833
UPDATED: 18 min ago
$525,000
  • 0
    BEDS
  • 0.26
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,450
    SQFT
  • $70
    $/SQFT
Neighborhood:
SE Quadrant
Type:
Commercial
Built:
1956
County:
Linn
Area:
SE Quadrant

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Description

A strong owner-user opportunity in Cedar Rapids’ MedQuarter at 1229-1233 1st Avenue SE, directly across from Coe College. This 7,450 SF multi-tenant office property is partially leased, so a buyer can occupy the space they need today while existing tenants help offset ownership costs. Vacant space also leaves room for future expansion or added income through value-add leasing. Off-street parking will be available through an REA being established by current ownership. Well maintained with on-site management, excellent 1st Avenue visibility, Urban zoning, and quick access to downtown and I-380

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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-10-16T10:42:39.943.
www.realtybrotherscr.com/homes/181658834
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1229-1233 1st Avenue SE Cedar Rapids, IA 52403

  • Price: $525,000
  • Status: Active
  • On Site: 15 Days
  • Updated: 18 min ago
  • MLS #: 2606833
0
Beds
0
Baths
0
½ Baths
0.26
Acres
7,450
SQFT
$70
$/SQFT
1956
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Property Description
A strong owner-user opportunity in Cedar Rapids’ MedQuarter at 1229-1233 1st Avenue SE, directly across from Coe College. This 7,450 SF multi-tenant office property is partially leased, so a buyer can occupy the space they need today while existing tenants help offset ownership costs. Vacant space also leaves room for future expansion or added income through value-add leasing. Off-street parking will be available through an REA being established by current ownership. Well maintained with on-site management, excellent 1st Avenue visibility, Urban zoning, and quick access to downtown and I-380
Exterior Features

Construction Materials Frame Roof Membrane

Interior Features

Basement YN Yes Cooling Central Air Cooling YN Yes Flooring Carpet Heating Central Heating YN Yes Levels One

Property Features

Building Features Kitchen Facilities Multi- Tenant Private Restrooms Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash Possession Close Of Escrow Property Sub Type Office Property Sub Type Additional Office Sewer Public Sewer Tax Annual Amount 10643 Utilities Electricity Available Natural Gas Available Water Source Public Zoning Urban Zoning Description Urban

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Tiffany Earl Williams-Wsg Cre of Skogman Realty Co: 319-363-8286.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-10-16T10:42:39.943.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411