1010 3rd Ave & 1011 2nd Ave SW

1010 3rd Ave & 1011 2nd Ave SW, Cedar Rapids, IA 52404

Property Information

  • For Lease $8.00 - $10.00/SF/YR
  • Property Type Office - General Office
  • Property Size 23,501 SF
  • Lot Size 1.08 Acre
  • Building Class B
  • Year Built 1962
  • Date Updated Nov 7, 2026

Description

Property is located along the railroad between 2nd Ave SW & 3rd Ave SW.Great opportunity for an owner user/investor to buy this warehouse and office combo. This offering is for a two story office building located at 1011 2nd Ave SW and a 17,537 SF warehouse located across the parking lot at 1010 3rd Ave SW. The purchase includes 6 total parcels that equal 1.079 AC. The entire warehouse is leased between 3 current tenants and the 2nd floor of the office is leased. All leases expire this year for the flexibility of a new owner to either renew leases or take over space for their own operation. The 1st floor of the office is vacant and available to lease at $8.00/SF modified gross. The parcels included are: GPN #: 14291-64016-00000, 14291-64015-00000, 14291-64014-00000, 14291-64004-00000, 14291-64005-00000, 14291-64018-00000. Please contact listing agent for lease details.Great opportunity for an owner user/investor to buy this warehouse and office combo. This offering is for a two story office building located at 1011 2nd Ave SW and a 17,537 SF warehouse located across the parking lot at 1010 3rd Ave SW. The purchase includes 6 total parcels that equal 1.079 AC. The entire warehouse is leased between 3 current tenants and the 2nd floor of the office is leased. All leases expire this year for the flexibility of a new owner to either renew leases or take over space for their own operation. The 1st floor of the office is vacant and available to lease at $8.00/SF NNN. The parcels included are: GPN #: 14291-64016-00000, 14291-64015-00000, 14291-64014-00000, 14291-64004-00000, 14291-64005-00000, 14291-64018-00000. Please contact listing agent for lease details.

3 Spaces Available

100

Space Type

Office

Lease Rate

$10.00/SF/YR

Total Space

2,300 SF

Divisible Space

2,300 - 2,300 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

1010 3rd Ave SW #100

Space Type

Warehouse/Distribution

Lease Rate

$8.00/SF/YR

Total Space

9,537 SF

Divisible Space

9,537 - 9,537 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

1011 2nd Ave #100/200

Space Type

Office

Lease Rate

$10.00/SF/YR

Total Space

5,964 SF

Divisible Space

5,964 - 5,964 SF

Available Date

Immediate

Lease Type

Modified Gross

Renewal Option

Yes

Sublease

No

Contacts

Location

Contact Listing Broker
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