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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

$305,473
Median Listing Price
71
Median Days on Market
1,659
Median Sq Ft
$166
Median Price / Sq Ft
424
Active Listings

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

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Nearby Homes

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Similar Home Values

Comparable nearby listings and their asking prices.

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4403 1st Avenue SE 303, Cedar Rapids, IA$775/mo59,292
425 2nd Street SE 375, Cedar Rapids, IAPrice on request13,720

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.