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5005 Bowling Street SW

Cedar Rapids, IA 52404
  • $1,995,000
  • STATUS: Active
  • ON SITE: 240 Days
  • MLS #: 2507025
UPDATED: 63 min ago
$1,995,000
  • 0
    BEDS
  • 2.84
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 17,285
    SQFT
  • $115
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1999
County:
Area:

School Ratings & Info

Description

This office investment is well-suited for an owner-user seeking supplemental income. The property is currently configured as a three-tenant building, with two established healthcare tenants in place occupying 58% of the space. The remaining 9,980 SF is available for an owner occupant, offering the opportunity to build equity while benefiting from existing rental income. Both tenants are regional healthcare providers with multiple locations across the Midwest.

Monthly Payment Calculator

© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-04-12T08:42:36.293.
www.cedarrapidsareahomes.com/homes/166902533
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5005 Bowling Street SW Cedar Rapids, IA 52404

  • Price: $1,995,000
  • Status: Active
  • On Site: 240 Days
  • Updated: 63 min ago
  • MLS #: 2507025
0
Beds
0
Baths
0
½ Baths
2.84
Acres
17,285
SQFT
$115
$/SQFT
1999
Built
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Property Description
This office investment is well-suited for an owner-user seeking supplemental income. The property is currently configured as a three-tenant building, with two established healthcare tenants in place occupying 58% of the space. The remaining 9,980 SF is available for an owner occupant, offering the opportunity to build equity while benefiting from existing rental income. Both tenants are regional healthcare providers with multiple locations across the Midwest.
Exterior Features

Construction Materials Steel Exterior Features Sprinkler / Irrigation Parking Features Off Street Roof Membrane

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Carpet Concrete Heating Central Heating YN Yes Interior Features Storage Levels One

Property Features

Association YN No Building Features Kitchen Facilities Multi- Tenant Overhead Doors Private Restrooms Pole Sign Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash1031 Exchange Possession Negotiable Property Sub Type Office Property Sub Type Additional Office Investment Security Features Security System Sewer Public Sewer Tax Annual Amount 64504 Utilities Electricity Available Natural Gas Available Water Source Public Zoning SMC Zoning Description SMC

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Angie Glick of GLD COMMERCIAL: 319-731-3400.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. 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 is deemed reliable but is not guaranteed accurate by the MLS or Graf Real Estate ERA Powered. Data last updated: 2026-04-12T08:42:36.293.
 
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