Contact us: 563.441.1776
Description
FOR SALE: Prime investment opportunity with Blairs Ferry Road frontage in Cedar Rapids, IA. This property is 3.25 acres and is well suited for another church or educational setting, but also lends itself to a redevelopment opportunity, offering versatility for a range of potential uses. The church building on site is 7,486 sqft and features a sanctuary, classroom space, office space, reception area, restrooms. Traffic counts in excess of 25,000 per day. This site is situated in between C Ave NE and Council St. NE, with quick proximity to Highway 100. Surrounding neighbors include Collins Aerospace, Target, and a variety of retail companies, and residential neighborhoods. Current zoning is 'Suburban Residential Large Lot' and the Cedar Rapids Future Land Use map calls for 'Urban Medium Intensity.'
Property Highlights
Property Type: Commercial - Business
Year Built: 2002
Lot Size: 3.25 acres
General Information
County: Linn
Listed By:
GLD Commercial Real Estate Advisors
Adam Gibbs
319-731-3410
ICAAR MLS
MLS ID: 202605260
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640 Blairs Ferry Rd Ne, Cedar Rapids, IA 52402.
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| Loan Type | FHA 30 Year Fixed | 15 Year Fixed | VA 30 year fixed |
| Purchase Price | $1,100,000 | $1,100,000 | $1,100,000 |
| Down Payment | $38,500 | $275,000 | $0 |
| Monthly Mortgage Amount | $6,738 | $6,851 | $7,010 |
| Taxes | $1531 | $1531 | $1531 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $660 | $0 | $0 |
| Monthly Estimated Total | $9,250 | $8,703 | $8,862 |
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 08/29/2026. The listing information on this page last changed on 08/29/2026. 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 Sat 08/29/2026 1:29:49 AM EST) or MRED MLS (last updated Sat 08/29/2026 1:22:00 AM EST) or SCWMLS (last updated Fri 08/28/2026 11:56:04 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 08/28/2026 10:15:30 PM EST) or Cedar Rapids MLS (last updated Fri 08/28/2026 10:44:16 PM EST) or NEIRBR MLS (last updated Sat 08/29/2026 1:18:41 AM EST) or ICAAR MLS (last updated Fri 08/28/2026 11:37:37 PM EST) or ECIMLS (last updated Fri 08/28/2026 11:44:33 PM EST) or RMLSA (last updated Sat 08/29/2026 1:10:57 AM EST) or Muscatine MLS (last updated Sat 08/29/2026 1:15:10 AM EST) or No Coast MLS (last updated Sat 08/29/2026 12:44:22 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.
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