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320 & 330 1st St Se

Cedar Rapids, IA 52401
  • $1,950,000
  • STATUS: Active
  • ON SITE: 225 Days
  • MLS #: 202304766
$1,950,000
  • 0
    BEDS
  • 0.39
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
0
Type:
Vacant Land / Lots
County:
Area:

School Ratings & Info

Description

Prominent, high-profile corner lot on 1st Street SE in Downtown Cedar Rapids in the shadow of the Paramount Theatre. This lot is located in an opportunity zone and could be eligible for a city TIF incentive for the right project. Adjacent to this site are vacant lots owned by the City of Cedar Rapids that could also be available for purchase. Together, the City of Cedar Rapids lots and the listed lots total approximately 1 acre in size and would be a terrific fit for a larger, mixed-use development. Potential uses could include hotel, office, restaurant, multi-family or condo project with on-site parking or parking ramp element.

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© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-04-18T21:29:59.867
www.gwenjohnson.com/homes/143164632
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320 & 330 1st St Se Cedar Rapids, IA 52401

  • Price: $1,950,000
  • Status: Active
  • On Site: 225 Days
  • MLS #: 202304766
0
Beds
0
Baths
0
½ Baths
0.39
Acres
Neighborhood:
0
County:
Linn
Area:
Out Of Area
Property Description
Prominent, high-profile corner lot on 1st Street SE in Downtown Cedar Rapids in the shadow of the Paramount Theatre. This lot is located in an opportunity zone and could be eligible for a city TIF incentive for the right project. Adjacent to this site are vacant lots owned by the City of Cedar Rapids that could also be available for purchase. Together, the City of Cedar Rapids lots and the listed lots total approximately 1 acre in size and would be a terrific fit for a larger, mixed-use development. Potential uses could include hotel, office, restaurant, multi-family or condo project with on-site parking or parking ramp element.
Exterior Features

Lot Size Acre Range LessThanHalfAcre Lot Size Dimensions 0 Other Structures None Road Frontage Type CountyRoadPaved Topography Level

Property Features

Association Fee Text 0 Auction Online Bid YN No Buyer Financing CashConventional Community Features SidewalksStreetLightsCloseToShoppingOnBusLineCurbs Compensation Remarks 3.0 Current Use Platted Expiration Date 2024-08-16 Green Verification YN No Possible Use CommercialOfficeOther Property Sub Type Commercial Section 0 Tax Annual Amount 21532 Tax Year 2020 Township 0 Utilities ElectricityAvailableNaturalGasAvailableSewerAvailablePhoneAvailableCityWater Zoning Urban Downtown Core

Listing information © 2024 Iowa City Area Association of Realtors.
Listing provided courtesy of Adam Gibbs of GLD Commercial Real Estate Advisors: 319-731-3410.



© 2024 Iowa City Area Association of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or The Johnson Team | Skogman Realty. Data last updated: 2024-04-18T21:29:59.867
 
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