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718 4th Street NW Cedar Rapids, IA 52405 • Commercial - Business • Active

New - 20 Hours Ago
  • 718 4th Street Nw, Cedar Rapids, IA 52405 Main Photo

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Description

LOCATION. VISIBILITY. POSSIBILITY. Positioned directly across 4th Street from the new $275 million Cedar Crossing Casino & Entertainment Center, 718 4th St NW offers a unique opportunity to acquire property immediately adjacent to one of Cedar Rapids' most significant new entertainment developments. Cedar Crossing is scheduled to open in mid-November 2026 and is planned to include gaming, restaurants, bars and a 1,500-capacity event venue. The existing property includes a 3-bedroom, 1-bath residence currently rented month-to-month, providing potential holding income while a buyer considers the property's long-term possibilities.The opportunity here is less about the existing residence and more about LOCATION. Investors, developers and entrepreneurs: take a closer look at what is happening directly across the street. Future development, commercial use, signage, parking, redevelopment or other potential uses are subject to applicable zoning, City approval and buyer verification. Property is being sold based on its existing legal use and improvements. Buyer to independently verify suitability for intended use.

Property Highlights

Property Type: Commercial - Business
Year Built: 1902

General Information

County: Linn
Listed By:
SKOGMAN REALTY CORRIDOR Courtney Blair 319-366-5559
Cedar Rapids MLS
$500,000
Est. $3,503/mo
New to the Market Active
SQUARE FEET1,224 MLS#2607251
STATUSActive PROPERTY TYPECommercial - Business

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Ruhl&Ruhl Realtors
563.441.1776

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718 4th Street Nw, Cedar Rapids, IA 52405.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $500,000$500,000$500,000
Down Payment $100,000$17,500$125,000
Monthly Mortgage Amount $2,661$3,266$3,241
Taxes $696$696$696
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$220$0
Monthly Estimated Total $3,503$4,328$4,083

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