1945 42nd ST NE, Cedar Rapids, IA 52402
1945 42nd ST NE, Cedar Rapids, IA 52402
1945 42nd ST NE, Cedar Rapids, IA 52402
4
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$998,000
Est. payment /mo
1,980 SqFt
Active

1945 42nd ST NE Cedar Rapids, IA 52402

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 1,980 sqft

Price per Sqft $504

MLS Listing ID 2503560

HOA Y/N No

Total Fin. Sqft 1980

Year Built 1970

Annual Tax Amount $8,124

Lot Size 1.020 Acres

Acres 1.02

Property Sub-Type Retail

Property Description

High-impact location with exceptional visibility and strategic positioning just off I-380 at 42nd Street, near Kennedy High School. The existing 1980-built structure is currently operated as a car dealership but offers flexible repurposing potential for a variety of uses, including retail, office, or service-oriented businesses and could be adapted for drive thru. Ideally located between two signalized intersections, the site has great access and maximum exposure along the interstate. Adjacent to a nature trail with direct trailhead access, the property attracts significant biker and pedestrian traffic. A large pylon sign provides prominent branding opportunities. Includes parcels- 140912700200000, 140912701700000 and 140912701800000.

Location

State IA

County Linn

Area Ne Quadrant

Zoning T-MU

Interior

Interior Features InteriorFeatures

Heating Central

Cooling Central Air

Flooring Concrete

Inclusions Building, Land

Fireplace No

Exterior

Parking Features Off Street

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Asphalt,Shingle

Building

Building Description Stone Veneer, Overhead Doors,Private Restrooms,Pole Sign,Single-Tenant

Story 1

Entry Level One

Sewer Public Sewer

Water Public

Level or Stories One

Structure Type Stone Veneer

Others

Tax ID 140912700200000

Security Features Security Lights

Acceptable Financing Cash

Listing Terms Cash

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2503560


Listed by SKOGMAN REALTY COMMERCIAL

NEARBY SCHOOL & BUSINESS

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Tim Scherbring

Tim Scherbring

Broker Associate | License ID: 61218000

+1(319) 361-5111

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1945 42nd ST NE