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NewBo Mixed-Use Project Space
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400-900 3rd St Se, Cedar Rapids, IA 52401

Vibrant commercial space in Cedar Rapids' NewBo neighborhood.

Space SizeContact for details
Days on Market555

Property Features for 400-900 3rd St Se

General Information

Standard status Active
Listing Agency: GLD COMMERCIAL
Listed By: Adam Gibbs · License #B43857000
Source: Exprealty
Added: Apr 8, 2025 Changed: Oct 3 Last Checked: Oct 12 at 8:22PM

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.

Located in the NewBo neighborhood, this mixed-use project offers commercial spaces with flexible suite sizes available on the first floor. The property is highly visible with frontage on 3rd St. SE. The development includes 183 market-rate apartments, presenting a unique opportunity for commercial occupants. One of the south end-cap spaces features an outdoor patio, making it suitable for a restaurant. The property offers an exceptional opportunity for businesses seeking a vibrant neighborhood with amenities within walking distance.

Key Highlights

  • Located in the vibrant NewBo neighborhood with walkable amenities.
  • Highly visible site with frontage on 3rd St. SE.
  • Features 183 market‑rate apartments above, providing a built‑in customer base.

Property Analytics

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Current Use

Mixed-use properties

Suggested Use

Top Pick Auto Parts Store Locksmith (Bike/Boat/Book/etc) Store Barber Shop Pet Grooming Service Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

4,082
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Cedar Rapids, IA

$17.73 /SF/Yr
Avg Asking Price
$15–$21 /SF/Yr
Price Range
86,375 SF
Avg Space Size
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Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Vibrant commercial space in Cedar Rapids' NewBo neighborhood.
Where is this mixed-use property located?
The property is located at 400-900 3rd St Se Cedar Rapids, IA.
What are key features of this property?
This property features: Located in the vibrant NewBo neighborhood with walkable amenities.; Highly visible site with frontage on 3rd St. SE.; Features 183 market‑rate apartments above, providing a built‑in customer base.
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