900 3rd Street SE 500, Cedar Rapids, IA 52401
Linn County
Key Facts
Description
Welcome to Loftus, The NewBo neighborhood’s newest mixed-use project. This property offers an exceptional opportunity for businesses seeking a vibrant neighborhood with amenities within walking distance. Flexible commercial suite sizes available on the 1st floor. Highly visible site with 3rd St. SE frontage. This project will feature 183 market rate apartments, offering a unique opportunity for commercial occupants. The south end-cap space features an outdoor patio, perfectly suited for a restaurant. $10/SF Tenant Improvement Allowance offered for qualified tenant and terms. Disclosure: Developer and ownership entity includes licensed real estate professionals in the state of Iowa. Listing agents are related to a member of the ownership entity.
Property Information
Property Type
Commercial Lease
Sub-Type
Office
Year Built
2025
Stories
5
Living Area
252,815 sq ft
Lot Size
2.41 acres
Lot Dimensions
2.41 Ac
Zoning
UNG
Days on Market
380
MLS® Listing#
2502467
Property Features
Cooling
Heating
Flooring
Construction
Utilities
Sewer
Water Source
Financial Details
HOA
None
Parcel Number
14281-83011-00000
Directions
Located on 3rd St. SE, in between 9th & 10th Ave SE.
Affordability Calculator
$60,000
Estimated monthly payment
$1,597/mo
Principal $240,000 · Est. interest $334,821 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Cedar Rapids, IA
- $308,808
- Median Listing Price
- 69
- Median Days on Market
- 1,674
- Median Sq Ft
- $164
- Median Price / Sq Ft
- 412
- Active Listings
Market statistics compiled from active EXIT Realty® and MLS listings in Cedar Rapids, IA.
Location
Points of Interest in Cedar Rapids, IA
Showing the Cedar Rapids area map.
Nearby Schools
Hacap
School · 0.1 mi away
Cedar Valley Montessori School
Elementary · 0.3 mi away
Metro High School
Secondary · 0.4 mi away
McKinley Middle School
Elementary · 0.6 mi away
Cedar Rapids Day School
School · 0.6 mi away
Taylor Elementary School
Elementary · 1.0 mi away
Xavier Catholic Schools
School · 1.0 mi away
Holy Family School System
School · 1.1 mi away
Johnson Steam Academy
Elementary · 1.2 mi away
Wilson Middle School
Secondary · 1.2 mi away
Trinity Lutheran School
Elementary · 1.5 mi away
Champions at Grant Elementary School
Elementary · 1.5 mi away
Grant Elementary School
Elementary · 1.5 mi away
Roosevelt Middle School
Secondary · 1.5 mi away
Harrison Elementary School
Elementary · 1.7 mi away
Washington High School
Secondary · 1.7 mi away
All Saints Elementary School
Elementary · 1.8 mi away
Franklin Middle School
Secondary · 1.9 mi away
Garfield Elementary School
Elementary · 2.0 mi away
Jefferson High School
Secondary · 2.0 mi away
Commute Calculator
Nearby Homes
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Similar Home Values
Comparable nearby listings and their asking prices.
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|---|---|---|---|---|
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| 1105 Wright Bros Boulevard SW B4 #200, Cedar Rapids, IA | Price on request | — | — | 11,900 |
| 200 1st Street SE Floor 20/21, Cedar Rapids, IA | Price on request | — | — | 265,192 |
| 9210 Welty Park Lane SW, Cedar Rapids, IA | Price on request | — | — | 30,000 |
| 275 1st Avenue SW 100, Cedar Rapids, IA | Price on request | — | — | 25,000 |
Moving Cost Estimate
EXIT Agents in Cedar Rapids
Listing Courtesy: GLD COMMERCIAL - 3197313400
Presented by: Adam Gibbs