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    3601 42Nd St NE Cedar Rapids, IA 52402

    For Sale
    $535,000

    Office,Retail,Special Purpose - Cedar Rapids, IA

    Property size:
    8,200 SF
    Lot size:
    0.92 Acres
    Days on Market:
    32
    Last Refresh:
    Dec 5 at 11:06 am

    Property Features for 3601 42Nd St NE

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    T-M/L
    Rooms
    Basement
    APN
    140822602400000
    Basement Y/N
    1
    Size
    8,200 SF
    Lot size
    0.92 Acres

    Utilities

    Heating system
    Central
    Cooling system
    Central Air

    Building Details

    Year built
    1977
    Floors in Building
    1
    Flooring type
    Concrete
    Building materials
    Block, Concrete
    Roof type
    Membrane
    Architectural style
    Other

    Coldwell Banker Hedges (319) 367-8760 [email protected]

    Listing agent Mitch Myers (319) 378-8760

    Listing date Nov 4, 2025

    MLS# 2502008 Listing URL

    Copyright © 2025 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Versatile Building Near Twin Pines

    This flexible building, suitable for retail, office, church, daycare, and other uses, is located in a desirable northeast Cedar Rapids location. The property offers high visibility on 42nd Street NE, near Twin Pines Golf Course, with restaurants and other amenities nearby. The building features 7,018 square feet of space, plus an additional 1,183 square feet of basement space. It includes ample off-street parking. Cubicles are available and can be left at no cost or removed.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    WIN Technology Internet Service Provider

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.693022
    Latitude
    42.0213414

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    FAQs

    What type of property is this?
    Retail space - Flexible retail/office space in Cedar Rapids near Twin Pines.
    Where is this retail space located?
    The property is located at 3601 42Nd St NE Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $535,000.
    What are key features of this property?
    This property features: - High visibility location on 42nd St NE.; - Flexible building suitable for retail, office, church, daycare, etc.; - Benefit from 7,018 square feet of space plus 1,183 square feet of basement space.
    (319) 378-8760
    Request Owner's contact information
    3601 42Nd St NE Cedar Rapids, IA 52402
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    Cedar Rapids, IA 52402
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3601 42Nd St NE Cedar Rapids, IA 52402
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