900 3rd Street SE #200Cedar Rapids, IA 52401

Commercial · 252,815 Sq. ft. | 2.41 Acres
Active

900 3rd Street SE #200 Overview

Time on Site:
447 days
Visits:
2

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.

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900 3rd Street SE #200 Facts & Features

  • Type Commercial
  • Sq. ft. 252,815
  • Lot 2.41 Acres

Details

General

Association/HOA

  • Association: false

Income/Expenses

  • Existing Lease Type: Net

Building Information

  • Year Built: 2025

Business Information

  • Business Name: Loftus

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: SE Quadrant
  • Postal City: Cedar Rapids

Rent/Lease Information

  • Lease Considered: true
  • Tenant Pays: Common Area Maintenance,Electricity,Gas,Heat,Insurance,Janitorial Service,Taxes,Trash Collection,Water

General Information

  • Listing Terms: Lease,Lease Option
  • Parcel Number: 14281-83011-00000
  • Property Sub Type: Office
  • Property Type: Commercial Lease
  • Zoning: UNG

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: false
  • Building Features: Multi-Tenant
  • Flooring: Concrete
  • Leasable Area: 2400.0
  • Living Area: 252815.0
  • Stories: 5
  • Stories Total: 5

Unit Information

  • Unit Number: 200

Exterior

Lot Information

  • Lot Size Acres: 2.41
  • Lot Size Area: 2.41
  • Lot Size Dimensions: 2.41 Ac
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Block,Concrete

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available,Natural Gas Available

900 3rd Street SE #200 Neighborhood

Community

52401 (Cedar Rapids) Demographics

34
Median Age
1,624
Population Density (per sq. mile)
46%
College Educated
$39,361
Estimated Median Income
242
Estimated Total Home Owners
901
Estimated Total Renters
21% / 79%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

900 3rd Street SE #200 Market Data

Based on the last 30 days in this zip code

$350,204
Average List Price
$244
Average Price per Square Foot
2
Properties Sold
75
Average Days on Market
11
Properties for Sale
Calculations provided by Reliance Network

900 3rd Street SE #200 History

Date Event Value Agent
4/8/2025Source: Cedar Rapids Area MLS Added to Database
April 08, 2025
Listing provided courtesy of GLD COMMERCIAL- MLS# 2502464MLS Provider