Lots/land For Sale
0 Sqft - 320 & 330 1st St SE, Cedar Rapids, Iowa 52401
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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.

Property 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.

Basic Details
Property Type:
Lots/land
Listing Type:
For Sale
Listing ID:
202304766
Price:
$1,950,000
Beds:
0
Baths:
0
Half Bathrooms:
0
Square Feet:
0 Sqft
Construction Year:
0
Lot Size:
0.39 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52401
Status Category:
Active
Area:
Out Of Area
Subdivision:
0
Features
Amenities:
Sidewalks, Street Lights, Close To Shopping, On Bus Line
Internet:
Yes
Possible Finance:
Cash, Conventional
Showing Instructions:
Appt Listing Office
Address Map
Street:
320 & 330 1st St SE
Floor Number:
0
Longitude:
W92° 19' 58.3''
Latitude:
N41° 58' 32.8''
More Information
Office Name:
GLD Commercial Real Estate Advisors
Sales Term:
Conventional
Update Date:
02-16-2024 16:49:15
Directions:
Located on the corner of 1st Street and 4th Ave SE in downtown Cedar Rapids
Zoning:
Urban Downtown Core
Lot Dimensions:
0
LA1Agent Logon Name:
i2524
LA1Agent First Name:
Adam
LA1Agent Last Name:
Gibbs
LO1Main Office ID:
291
PriceChangeTimestamp:
02-16-2024
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Adam Gibbs
GLD Commercial Real Estate Advisors
Additional Details
Sidewalks, Street Lights, Close To Shopping, On Bus Line
Cash, Conventional
Appt Listing Office
09/07/2023
Located on the corner of 1st Street and 4th Ave SE in downtown Cedar Rapids
Urban Acres Real Estate