Description

Prominent, high-profile corner lot on 1st Street SE in Downtown Cedar Rapids in the shadow of the Paramount Theatre. This lot is located in an opportunity zone and could be eligible for a city TIF incentive for the right project. Adjacent to this site are vacant lots owned by the City of Cedar Rapids that could also be available for purchase. Together, the City of Cedar Rapids lots and the listed lots total approximately 1 acre in size and would be a terrific fit for a larger, mixed-use development. Potential uses could include hotel, office, restaurant, multi-family or condo project with on-site parking or parking ramp element.

Listing ID #202204739

Lots/land For Sale

320 & 330 1st St SE, Cedar Rapids, Iowa 52401

$2,500,000
Beds0
Square Feet0
Construction Year0
Lot Size0.39
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52401
Baths0
Status CategoryActive
Agent info
Adam Gibbs
GLD Commercial Real Estate Advisors
Mortgage Calculator
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Features
202204739
Lots/land
0 Sqft
Sidewalks Street Lights Close To Shopping On Bus Line
Cash Conventional
Appt Listing Office
Located on the corner of 1st Street and 4th Ave SE in downtown Cedar Rapids
Additional Details
0.39 Sqft
2022-08-17 18:10:33
Transportation Rankings

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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