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Loftus Mixed-Use Development
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900 3rd St SE Unit 500, Cedar Rapids, IA 52401

First-floor commercial suites accompany a planned residential community with 183 market-rate apartments.

Property SizeContact for details
Days on Market512

Property Features for 900 3rd St SE Unit 500

General Information

Standard status Active
Property subtype General Commercial

Site & Location

End Cap Yes
Road Access Yes

Additional Details

Floor 1
Patio Yes

Amenities

outdoor patio
Central Air
3
Concrete
Corner Lot.
Other, Corner, Country Road, Paved Road.

Building Details

Year Built 2025
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Xome
Added: Apr 6, 2025 Changed: Aug 30 Last Checked: Aug 30 at 7:55AM

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.

Loftus is a 2025 mixed-use project at 900 3rd St SE, Unit 500, in Cedar Rapids. Flexible commercial suites are planned on the first floor, with central air and concrete construction listed among the interior features. The south end-cap includes an outdoor patio that supports restaurant use.

The development is positioned on a corner lot and will include 183 market-rate apartments. Its commercial component is part of a neighborhood setting described as having walkable amenities, providing a combined retail and residential format for occupants seeking ground-floor space within a larger project.

Key Highlights

  • 183 market‑rate apartments planned within the project
  • Flexible commercial suites on the 1st floor
  • South end‑cap space includes an outdoor patio

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor commercial suites accompany a planned residential community with 183 market-rate apartments.
Where is this mixed-use property located?
The property is located at 900 3rd St SE Unit 500 Cedar Rapids, IA.
What are key features of this property?
This property features: 183 market‑rate apartments planned within the project; Flexible commercial suites on the 1st floor; South end‑cap space includes an outdoor patio
More about this property
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