500 33rd Ave SW 500 33rd Avenue Southwest
Cedar Rapids, IA 52404
For Sale
7,201 sqft
Sale Price
$600,000
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Retail For Sale - Available November 2026
Former Bank Office Building For Sale | 7,201 SF on 1.5 AC | Southwest Cedar Rapids
Attractive commercial property available at a significant discount to replacement cost
Opportunity to acquire an existing building and site for substantially less than the cost of new construction
Excellent opportunity for an owner-user, investor, service business, office user, medical-related use, contractor, or adaptive reuse buyer
Existing improvements provide immediate occupancy potential and eliminate lengthy entitlement and construction timelines
Convenient access to Interstate 380, Highway 30, downtown Cedar Rapids, and surrounding industrial and commercial districts
Established area with a mix of commercial, industrial, service, retail, and employment uses
Flexible building configuration suitable for a variety of commercial applications
Existing utility infrastructure, parking, and site improvements already in place
Limited basis compared to replacement cost allows buyers to invest additional capital into renovations, modernization, or repositioning while maintaining a competitive overall project cost
Attractive option for businesses seeking ownership rather than rising lease costs
Get in touch
Riley Hogan
Ben Probst
This 7,201 SF former bank building sits on 1.5 acres in the Southwest Cedar Rapids market.
Located along 33rd Avenue SW within an established commercial and
employment corridor of southwest Cedar Rapids
employment corridor of southwest Cedar Rapids
Total Space Available
7,201 sqft
Sale Price
$600,000
Get in touch
Riley Hogan
Ben Probst