Contact us: 563.441.1776
Description
This versatile multi-tenant office building offers significant future leasing potential. Spanning 7,360 square feet on over 1.5 acres, the property features ample onsite parking with 44 spaces, providing convenience for tenants and their clients. Built in 1992, the building has seen recent updates to Suite A, adding a modern touch to its interior. Currently configured for two tenants, it offers a flexible setup that allows for continued multi-tenant use or conversion to a single-tenant layout, maximizing leasing opportunities. With Cedar Rapids Pain Associates occupying 4,106 square feet under a NNN lease at $12.10/SF ($4,140/mo. + OpEx) through January 31, 2029, the property already generates stable income for an owner-user or investor. Priced below market compared to similar properties in the area, this office building represents a unique opportunity to capitalize on a prime location and secure long-term value.
Property Highlights
Property Type: Commercial - Office
Building Description: 1.0 stories
Year Built: 1992
Lot Size: 1.64 acres
General Information
County: Linn
Listed By:
GLD COMMERCIAL
Angie Glick
319-731-3400
Cedar Rapids MLS
MLS ID: 2400854
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4201 Glass Road Ne, Cedar Rapids, IA 52402.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $850,000 | $850,000 | $850,000 |
| Down Payment | $170,000 | $29,750 | $212,500 |
| Monthly Mortgage Amount | $4,187 | $5,139 | $5,251 |
| Taxes | $1183 | $1183 | $1183 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $374 | $0 |
| Monthly Estimated Total | $5,618 | $6,944 | $6,682 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 06/10/2026. The listing information on this page last changed on 06/10/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Wed 06/10/2026 1:51:19 AM EST) or MRED MLS (last updated Wed 06/10/2026 1:43:26 AM EST) or SCWMLS (last updated Tue 06/09/2026 11:54:40 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 06/09/2026 10:15:15 PM EST) or Cedar Rapids MLS (last updated Tue 06/09/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Wed 06/10/2026 1:18:40 AM EST) or ICAAR MLS (last updated Tue 06/09/2026 11:37:27 PM EST) or ECIMLS (last updated Mon 06/08/2026 9:30:15 PM EST) or RMLSA (last updated Wed 06/10/2026 1:10:55 AM EST) or Muscatine MLS (last updated Wed 06/10/2026 1:45:08 AM EST) or No Coast MLS (last updated Wed 06/10/2026 12:44:20 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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