Contact us: 563.441.1776
Description
1.45 +/- acres. Flexibility meets opportunity. Sherman Square offers multiple development-ready commercial lots in Hiawatha, conveniently located near N Center Point Road and Tower Terrace Road. Just 0.5 miles from the I-380/Tower Terrace interchange, this site features no restrictive covenants, allowing developments to be tailored to current business needs and future expansion, while aligning with developer goals and City standards. Utilities include city sewer and water, natural gas, Linn County REC electric service, and high-speed internet via ImOn. Zoned C-4. Each lot must include on-site stormwater detention via individual detention basins. No access from Tower Terrace, access at 150 south of Tower Terrace on Anchor Drive.
Property Highlights
Property Type: Land - Farm
Total Acres: 1.45 Acres
Utilities: Electricity Available, Natural Gas Available
General Information
County: Linn
Listed By:
Realty87
319-378-8760
Molly Iversen
Cedar Rapids MLS
MLS ID: 2600761
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Lot 5 Tower Terrace Rd , Hiawatha, IA 52233.
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563-441-1862
toll free 866-441-1862
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $378,972 | $378,972 | $378,972 |
| Down Payment | $75,794 | $13,264 | $94,743 |
| Monthly Mortgage Amount | $1,769 | $2,172 | $2,304 |
| Taxes | $527 | $527 | $527 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $167 | $0 |
| Monthly Estimated Total | $2,407 | $2,977 | $2,942 |
About this area
Find homes for sale in Hiawatha, IA and learn about the local community and real estate market.
Enjoy small-town living with family-friendly activities, just a hop, skip and a jump from the larger Cedar Rapids. Hiawatha, Iowa prides itself on being a small-town community with an emphasis on public safety.
Ruhl&Ruhl Realtors has plenty of homes for sale in Hiawatha, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Hiawatha and if you need to do a little more research before buying, check out the pages below for additional options:
Hiawatha is located outside of Cedar Rapids. View homes for sale in the Cedar Rapids area for more real estate options.
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Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776
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 03/11/2026. The listing information on this page last changed on 03/11/2026. 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 Wed 03/11/2026 3:59:42 AM EST) or MRED MLS (last updated Tue 03/10/2026 5:33:37 PM EST) or SCWMLS (last updated Tue 03/10/2026 11:54:52 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 03/10/2026 10:15:23 PM EST) or Cedar Rapids MLS (last updated Tue 03/10/2026 10:44:37 PM EST) or NEIRBR MLS (last updated Wed 03/11/2026 1:18:49 AM EST) or ICAAR MLS (last updated Tue 03/10/2026 11:37:37 PM EST) or ECIMLS (last updated Tue 03/10/2026 11:44:20 PM EST) or RMLSA (last updated Wed 03/11/2026 1:11:03 AM EST) or Muscatine MLS (last updated Wed 03/11/2026 2:00:25 AM EST) or No Coast MLS (last updated Wed 03/11/2026 12:44:29 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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