Incredible opportunity to develop the perfect neighbor for the new Cedar Rapids Public Library Westside Campus! With the new library and city park, which will be connected to the trail system, this unique property has endless possibilities. 12.26 acres of ground on the west side of the new library development. Senior living, multi-family or mixed use - so many great options to consider. The close proximity to major shopping and ease of access to Hwy 30 and 380 make this...
Edgewood Pointe is Cedar Rapids' latest mixed-use development encompassing 29.52 acres. This prime location (former Transamerica site) is an excellent opportunity for mixed-use retail, office and multi-family development. Easy access to Edgewood Road and Highway 100 make this location very convenient to all areas of the City. Principal of ownership group is a licensed REALTOR in IA/IL/FL. *Concept Site Plan.
Successful grocery business with real estate, additional tenant and excess land that could be developed or sold. Price !includes equipment valued at $667,000, annual sales over $4,000,000, assignmen t of existing adjacent tenant lease with tmonthly rent of $2,550. Inventory will be valued at the time of closing (Normal range is $190,000 to $200,000). !Retiring owners willing to provide a long term transition. Buyer will need to be pre-~alifi.ed if desiring to retain the Save-A.:tot brand. Save-A-Lot has a matching...
Fully Leased and recently remodeled retail investment opportunity near Super Target! Multi-tenant retail property located along Blairs Ferry Rd NE - nearly 23,000 vehicles per day. The property was extensively renovated in 2021/2022, including a new roof, new façade and all new HVAC. Tenants include: Dunn Brothers Coffee, The Good Feet Store, and Mextizo; all leases are personally guaranteed by principals of the tenant entities. 128 parking spaces included. 7.25% CAP rate. Current NOI: $171,272; subject to annual rental increases...
Shovel-ready commercial building site for sale or land lease opportunity ($150,000/year NNN). Strategically located at the intersection of I-380 and Wright Brothers Blvd SW. Well suited for C-store, quick-serve restaurant or retail/sales and service operation. High traffic and high visibility with Average Daily Traffic in excess of 25,000 vehicles at this corner. This intersection is so hot the DOT and the City of Cedar Rapids are working together on a newly engineered traffic design system that will include multiple improvements,...
Renovated 8 story and 2 story office buildings in the center of downtown revitalization. Many floors and common areas remodeled with long term track record of 85-95% occupancy. Revenue of $406,000 received in 2022 with potential of additional $60,000/year. Connection to skyway system plus several tenant amenities. Renovation project recent completed to create ADA toilets/access plus exterior painting of windows, canopy/soffit, new roof and fire escape update. Great opportunity for continued revenue growth. CA required for qualified buyers. Owners are...
Unlock the potential of this expansive property poised for retail or a dynamic redevelopment in southwest Cedar Rapids. Situated within a thriving retail district just off the bustling Edgewood Road, this spacious site offers many attractive amenities including encompassing windows infusing natural light, a commanding pylon sign, two 12x12 overhead doors, vast off-street parking lot, ample green space and a well-lit yard. Inside, discover a versatile warehouse service area with open showroom and offices, tailored to diverse business needs. Surrounded...
This property is ideally located within the Cedar Rapids city limits with the potential for future development. It includes productive cropland, an attractive home and outbuildings. There is a split-foyer home that was built in 1977. It consists of 1,337 square feet of finished living space. There are two bedrooms on the upper level and one bedroom on the lower level. There are two bathrooms, one on each level. Near the house, there is a 24' by 50' steel utility...
Well located industrial lots for sale in Edgewood Logistics Park. Drive time is under 2 minutes to the Hwy 30/Edgewood Rd interchange and 5 minutes to the I-380/Airport interchange. Also located adjacent to the upcoming $576 million Google data center. The Google project adds to the tremendous growth in SW Cedar Rapids, where development-ready land at Edgewood Logistics Park and easy access to transit is readily available. Priced at $3.25 per sq. ft. Build-to-suit options available as well. Various lot...
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...
For additional listings throughout Linn and/or Johnson counties, please contact GLD at 319.731.3400.