What is the asking price for 123 5th St SE?

The lease rate for space here is Contact for pricing.

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

The property has a total square footage of 32,256 SF.

When was this property built?

123 5th St SE was built in 1903.

How many parking spaces are available at 123 5th St SE?

Parking information for the property isn't currently listed. However, other nearby parking options include Five Seasons Parking Ramp, located 0.10 miles away , and 3rd Avenue Ramp, which is 0.16 miles away.

123 5th St SE, Cedar Rapids, IA 52401

For Sale $3,200,000
Property Type Office - General Office
Property Size 32,256 SF
Lot Size 0.19 Acre
Building Class B
Year Built 1903
Year Renovated 2010
Date Updated Jun 1, 2026

Description

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.