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320 & 330 1st Street SE

Cedar Rapids, IA 52401
  • $2,500,000
  • STATUS: Active
  • ON SITE: 102 Days
  • MLS #: 2207888
UPDATED: 59 min ago
$2,500,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Farm
County:
Area:

School Ratings & Info

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.

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© 2022 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: 2022-11-28T12:42:34.613.
www.cedarrapidsareahomes.com/homes/132218188
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320 & 330 1st Street SE Cedar Rapids, IA 52401

  • Price: $2,500,000
  • Status: Active
  • On Site: 102 Days
  • Updated: 59 min ago
  • MLS #: 2207888
0
Beds
0
Baths
0
½ Baths
0.39
Acres
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
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.
Property Features

Lot Features LevelSee Remarks Property Sub Type Commercial Road Surface Type Paved Sewer Public Sewer Tax Annual Amount 43228 Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description Udc

Listing information © 2022 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Adam Gibbs of Gld Commercial: 319-731-3400.
© 2022 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: 2022-11-28T12:42:34.613.
 
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