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Mixed-Use Property with Commercial Suites
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900 3rd St SE, Cedar Rapids, IA 52401

First-floor commercial suites are planned within a mixed-use project featuring neighborhood amenities and apartment residences.

Space SizeContact for details
Property Size3,000 SF
Days on Market6

Property Features for 900 3rd St SE

General Information

Standard status Active
Size 3,000 SF

Space & Availability

Floor 1
Space Use Restaurant

Site & Location

End Cap Yes
Road Access Yes

Additional Details

TI Allowance $10 /SF
Patio Yes

Amenities

outdoor patio

Building Details

Year Built 2025
Listing Agency: GLD Commercial Real Estate Advisors
Listed By: Adam Gibbs · License #B43857000
Source: Kwlegacyrealty
Added: Jul 30 Changed: Jul 31 Last Checked: Aug 4 at 9:28AM

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 mixed-use project with flexible commercial suite sizes on the first floor. The south end-cap space includes an outdoor patio, providing a defined outdoor component for a restaurant-oriented commercial use. The project is scheduled for completion in 2025.

The property has frontage on 3rd St. SE in Cedar Rapids’ NewBo neighborhood. Planned amenities within walking distance support the neighborhood setting, while the project will feature 183 market-rate apartments alongside the commercial space.

Key Highlights

  • Flexible commercial suite sizes on the 1st floor
  • South end‑cap space with outdoor patio
  • 183 market rate apartments planned within the project

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
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

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 are planned within a mixed-use project featuring neighborhood amenities and apartment residences.
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: Flexible commercial suite sizes on the 1st floor; South end‑cap space with outdoor patio; 183 market rate apartments planned within the project
More about this property
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