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1945 42nd Street NE

Cedar Rapids, IA 52402
  • $995,000
  • STATUS: Active
  • ON SITE: 19 Days
  • MLS #: 2604508
UPDATED: 28 min ago
$995,000
  • 0
    BEDS
  • 1.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,980
    SQFT
  • $503
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1970
County:
Area:

School Ratings & Info

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 80,000 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.

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© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-07-14T08:42:33.557.
www.realtybrotherscr.com/homes/178101025
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1945 42nd Street NE Cedar Rapids, IA 52402

  • Price: $995,000
  • Status: Active
  • On Site: 19 Days
  • Updated: 28 min ago
  • MLS #: 2604508
0
Beds
0
Baths
0
½ Baths
1.02
Acres
1,980
SQFT
$503
$/SQFT
1970
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Property 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 80,000 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.
Exterior Features

Parking Features Off Street Roof Asphalt Shingle

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Heating YN Yes Levels One

Property Features

Building Features Overhead Doors Private Restrooms Pole Sign Single- Tenant Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash Possession Negotiable Property Sub Type Retail Property Sub Type Additional Retail Industrial Sewer Public Sewer Tax Annual Amount 8208 Utilities Electricity Available Natural Gas Available Water Source Public Zoning TMC Zoning Description TMC

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Jennifer Sexton of GLD COMMERCIAL: 319-731-3400.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2026-07-14T08:42:33.557.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411