500-900 3rd St Se Cedar Rapids, IA 52401

Listing agency GLD COMMERCIAL a***@gldcommercial.com Show Phone

Listed by Adam Gibbs · License #B43857000 Show Phone

Source Exprealty

Added: Apr 8, 2025 Updated: Jul 22 at 12:19PM Checked: Jul 22 at 12:19PM

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Investment Insights

Based on property information with market context.

Loftus is a new mixed-use project in the NewBo neighborhood, offering flexible commercial suite sizes on the 1st floor. The south end-cap space includes an outdoor patio, making it well-suited for restaurant use within the development.

The site is positioned for strong visibility with 3rd St. SE frontage. As part of the project, the property will include 183 market-rate apartments, bringing ongoing residential activity to the immediate environment.

For qualified tenants and negotiated terms, a $10/SF tenant improvement allowance is offered. Disclosures note that the developer and ownership entity includes licensed real estate professionals in Iowa, and listing agents are related to a member of the ownership entity.

Key Highlights

• First‑floor commercial suite space available in Loftus, a NewBo mixed‑use project
• 3rd St. SE frontage with a highly visible site
• South end‑cap space includes an outdoor patio, suited for a restaurant

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FAQs

What type of property is this?

Apartment building - First-floor commercial suites are available with 3rd St. SE frontage and a south end-cap patio.

Where is this apartment building located?

The property is located at 500-900 3rd St Se Cedar Rapids, IA.

What are key features of this property?

This property features: First‑floor commercial suite space available in Loftus, a NewBo mixed‑use project; 3rd St. SE frontage with a highly visible site; South end‑cap space includes an outdoor patio, suited for a restaurant