1229-1253 1st Ave Se, Cedar Rapids, IA 52403

$1,295,000

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List Price
$1,295,000
MLS#
2606841
Status
ACTIVE
County
Linn
City
Cedar Rapids
Acres
0.90

Property Description

A rare redevelopment opportunity in Cedar Rapids’ MedQuarter: approximately 0.90 acres of contiguous frontage at 1229-1253 1st Avenue SE, directly across from Coe College and near UnityPoint St. Luke’s, Physicians’ Clinic of Iowa, and the new 1st Avenue Starbucks. Assemblages of this size on 1st Avenue are seldom available. The site is well suited to mixed-use, medical office, multifamily, student housing, or retail development. Urban zoning, strong exposure with ±22,300 VPD, and quick access to downtown and I-380. Existing buildings provide in-place income while a buyer plans and entitles the project. *Parcels included: 142225700800000, 142225700700000, 142225700600000, 142225700500000 & 142225700400000

Additional Information

Days on Market
27
Lot Dimensions
39200
Elementary School
Johnson
Middle School
McKinley
High School
Washington

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Listing courtesy of Skogman Realty Co.