NewBo Mixed-Use Development
For Lease
Contact for pricing
900 3rd St Se, Cedar Rapids, IA 52401
Mixed-use property in vibrant NewBo neighborhood with commercial and residential spaces.
Space SizeContact for details
Lot Size2.41 Acres
Days on Market507
Property Features for 900 3rd St Se
General Information
Standard status
Active
Lot size
2.41 Acres
Listing Agency:
GLD COMMERCIAL
(319) 731-3415
Listed By:
Adam Gibbs · License #B43857000
(319) 731-3415
Source:
Exprealty
Added: Apr 8, 2025
Changed: Aug 20
Last Checked: Aug 26 at 1:40PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD COMMERCIAL
Investment Insights
Based on property information with market context.
Loftus, a mixed-use project in the NewBo neighborhood, presents an opportunity for businesses seeking a location in a vibrant area with walkable amenities. The property features flexible commercial suite sizes available on the first floor. The site offers high visibility with frontage on 3rd St. SE. The project includes 183 market-rate apartments, providing a unique opportunity for commercial occupants. The south end-cap space includes an outdoor patio, suitable for a restaurant. A Tenant Improvement Allowance of $10 per square foot is offered for qualified tenants and terms. The property is intended for mixed-use, including commercial and residential purposes.
Key Highlights
- High‑visibility location on 3rd St. SE in the vibrant NewBo neighborhood.
- Access to 183 market‑rate apartments within the same project, providing a built‑in customer base.
- Flexible commercial suite sizes available on the 1st floor.
Property Analytics
Property Profile
Current Use
Lease Details
NNN (Triple Net)
Lease Type
Location Intelligence
Trade Area within ½ mile
1,597
Businesses Nearby
Explore this area
Business Placement
Demographics for 52401, IA
2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value
Market
Lease Benchmarks for Cedar Rapids, IA
$17.39 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
45,086 SF
Avg Space Size
Vacancy Rate% for Multifamily in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Mixed-use property in vibrant NewBo neighborhood with commercial and residential spaces.
Where is this mixed-use property located?
The property is located at 900 3rd St Se Cedar Rapids, IA.
What are key features of this property?
This property features: High‑visibility location on 3rd St. SE in the vibrant NewBo neighborhood.; Access to 183 market‑rate apartments within the same project, providing a built‑in customer base.; Flexible commercial suite sizes available on the 1st floor.
