Contact us: 563.441.1776
Description
Rare opportunity to acquire a 1.016-acre former car dealership property with exceptional redevelopment potential just off I-380 at 42nd Street NE. Located between two signalized intersections, the site offers outstanding visibility, strong accessibility, and exposure to more than 69,000 vehicles per day. Neighboring commercial anchors include an adjacent Kwik Star, with a new McDonald's located less than one mile away. The property's prominent location, established commercial setting, and flexible redevelopment possibilities make it an attractive investment for a wide range of commercial users.
Property Highlights
Property Type: Commercial - Industrial
Building Description: 1.0 stories
Year Built: 1970
Lot Size: 1.02 acres
General Information
County: Linn
Listed By:
GLD COMMERCIAL
Jennifer Sexton
319-731-3400
Cedar Rapids MLS
MLS ID: 2604508
For Details, Contact
Get in Touch
For Details, Contact
Contact an agent to learn more about
1945 42nd Street Ne, Cedar Rapids, IA 52402.
Mortgage Calculator
Call or Click to get Pre-Approved!
563-441-1862
toll free 866-441-1862
Customize Your Rate
| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $995,000 | $995,000 | $995,000 |
| Down Payment | $199,000 | $34,825 | $248,750 |
| Monthly Mortgage Amount | $4,772 | $5,936 | $6,147 |
| Taxes | $1385 | $1385 | $1385 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $597 | $0 |
| Monthly Estimated Total | $6,447 | $8,208 | $7,822 |
Disclaimer:
All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 06/30/2026. The listing information on this page last changed on 06/30/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 06/30/2026 1:42:31 AM EST) or MRED MLS (last updated Tue 06/30/2026 1:36:27 AM EST) or SCWMLS (last updated Mon 06/29/2026 11:54:38 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 06/29/2026 10:15:40 PM EST) or Cedar Rapids MLS (last updated Mon 06/29/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Tue 06/30/2026 1:18:40 AM EST) or ICAAR MLS (last updated Mon 06/29/2026 11:37:32 PM EST) or ECIMLS (last updated Mon 06/29/2026 11:44:16 PM EST) or RMLSA (last updated Tue 06/30/2026 1:10:55 AM EST) or Muscatine MLS (last updated Tue 06/30/2026 1:30:09 AM EST) or No Coast MLS (last updated Tue 06/30/2026 12:44:19 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
Privacy Policy / DMCA Notice / ADA Accessibility
Privacy Policy / DMCA Notice / ADA Accessibility
This site is hosted, designed and copyright
© 1994 - 2026 by
Delta Media Group, Inc. -- Patent Pending --