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215 3rd Avenue 501, Cedar Rapids, IA 52401

Linn County

Key Facts

179,079Sq Ft
1991Year Built
0.58Lot (acres)

Description

Town Centre is a professionally managed office property in central downtown Cedar Rapids and offers multiple office suites and sizes available. Offering updated modern office suites, this property is connected to the downtown skywalk system. $4.95 / SF NNN year one base rent offer - Please contact LA for additional information. Landlord willing to amortize or provide tenant improvement allowance for qualified tenants, contact LA for additional information. Onsite parking ramp is planning to reopen in 2025 offering exclusive immediate property parking - Tenant parking costs to be negotiated at the time of lease. Listed square Footage is the Useable SF of available suite (Property Load Factor is apprx. 1.13). Lease Rate subject to change pending final size requirements - contact LA for additional information.

Property Information

Property Type

Commercial Lease

Sub-Type

Office

Year Built

1991

Living Area

179,079 sq ft

Lot Size

0.58 acres

Lot Dimensions

25200

Zoning

C

Days on Market

254

MLS® Listing#

2503620

Property Features

Interior

Elevator

Cooling

Central Air

Heating

Central

Flooring

CarpetConcrete

Roof

Membrane

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$278,354

Parcel Number

1428130001

Directions

SW Quadrant of 215 3rd Ave SE Cedar Rapids IA

Affordability Calculator

$60,000

Estimated monthly payment

$1,597/mo

Principal $240,000 · Est. interest $334,821 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cedar Rapids, IA

$308,808
Median Listing Price
69
Median Days on Market
1,674
Median Sq Ft
$164
Median Price / Sq Ft
412
Active Listings

Market statistics compiled from active EXIT Realty® and MLS listings in Cedar Rapids, IA.

Location

Map showing the location of 215 3rd Avenue 501, Cedar Rapids, IA 52401

Points of Interest in Cedar Rapids, IA

Showing the Cedar Rapids area map.

Nearby Schools

  • Cedar Valley Montessori School

    Elementary · 0.2 mi away

  • Cedar Rapids Day School

    School · 0.3 mi away

  • Hacap

    School · 0.4 mi away

  • McKinley Middle School

    Elementary · 0.6 mi away

  • Xavier Catholic Schools

    School · 0.7 mi away

  • Metro High School

    Secondary · 0.7 mi away

  • Taylor Elementary School

    Elementary · 0.8 mi away

  • Roosevelt Middle School

    Secondary · 1.2 mi away

  • Johnson Steam Academy

    Elementary · 1.2 mi away

  • Harrison Elementary School

    Elementary · 1.3 mi away

  • Trinity Lutheran School

    Elementary · 1.3 mi away

  • Holy Family School System

    School · 1.4 mi away

  • Wilson Middle School

    Secondary · 1.5 mi away

  • Garfield Elementary School

    Elementary · 1.7 mi away

  • Champions at Grant Elementary School

    Elementary · 1.8 mi away

  • Grant Elementary School

    Elementary · 1.8 mi away

  • Franklin Middle School

    Secondary · 1.8 mi away

  • Jefferson High School

    Secondary · 1.9 mi away

  • Regis Middle School

    Elementary · 1.9 mi away

  • Cleveland Elementary School

    Elementary · 1.9 mi away

Commute Calculator

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Nearby Homes

Similar Homes Nearby

Similar Home Values

Comparable nearby listings and their asking prices.

AddressPriceBedsBathsSq Ft
4110 Center Point Road NE B, Cedar Rapids, IAPrice on request28,008
4837 1st Avenue SE 104, Cedar Rapids, IAPrice on request14,000
1105 Wright Bros Boulevard SW B4 #200, Cedar Rapids, IAPrice on request11,900
200 1st Street SE Floor 20/21, Cedar Rapids, IAPrice on request265,192
9210 Welty Park Lane SW, Cedar Rapids, IAPrice on request30,000
275 1st Avenue SW 100, Cedar Rapids, IAPrice on request25,000

Moving Cost Estimate

EXIT Agents in Cedar Rapids

Listing Courtesy: Cushman & Wakefield Iowa Commercial Advisors - 3192291003

Presented by: Parker Ridge

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Cedar Rapids Area Association of REALTORS®. 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 deemed reliable but not guaranteed. Copyright ©2026 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CedarRapidsAreaAssociationOfRealtors. MLS® Listing#2503620. © 2026EXIT Realty®. All rights reserved.