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Mixed-Use Development with Retail Suites
For Sale
Contact for pricing

900 3rd St SE, Cedar Rapids, IA 52401

First-floor commercial suites are available in a mixed-use project with 183 market-rate apartments and a south end-cap patio.

Property SizeContact for details
Days on Market520

Property Features for 900 3rd St SE

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Road Access Yes

Amenities

3
Concrete
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Xome
Added: Apr 6, 2025 Changed: Sep 5 Last Checked: Sep 7 at 4:42AM

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 Real Estate Advisors

Investment Insights

Based on property information with market context.

This mixed-use development includes flexible commercial suite sizes on the 1st floor. The project is planned to feature 183 market-rate apartments, with commercial spaces positioned within the building’s overall mixed-use footprint.

The site is described as highly visible with 3rd St. S.E frontage. A south end-cap space includes an outdoor patio that the seller notes is suited for a restaurant.

A $10/SF tenant improvement allowance is offered for qualified tenants and terms. Please note the disclosure in the remarks that the developer and ownership entity includes licensed real estate professionals in the state of Iowa.

Key Highlights

  • First‑floor commercial suites in a mixed‑use project in the NewBo neighborhood.
  • South end‑cap commercial space includes an outdoor patio, suited for a restaurant.
  • Highly visible site with 3rd St. S ... E frontage.

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Auto Parts Store Dental Office Storage Facility Big Box & Wholesale Store Grocery & Convenience Store Nail 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

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,597
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

Market

Vacancy Rate% for Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor commercial suites are available in a mixed-use project with 183 market-rate apartments and a south end-cap patio.
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: First‑floor commercial suites in a mixed‑use project in the NewBo neighborhood.; South end‑cap commercial space includes an outdoor patio, suited for a restaurant.; Highly visible site with 3rd St. S ... E frontage.
More about this property
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