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 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.

Features
: Central
: Central Air
: Concrete
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52402
42nd
1945
Street
W92° 19' 60''
N42° 1' 17.2''
Heading north on I-380 take exit to 42nd St NE. Turn right onto 42nd St NE the proeprty will be on your right hand side.
NE Quadrant
NE
TMC
MLS Addon
GLD COMMERCIAL
Jennifer Sexton
Sqft0
Sqft0
Sqft0
Sqft0
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Additional Information
220 Volts
: One
1.016 Ac
2026-06-24
1
1
https://www.propertypanorama.com/instaview/cdr/2604508
: Public
Financial
8208.0
Listing Information
Erica Seelman
seelmanerica121
CGLDC
GLD COMMERCIAL
sextonjennif121
CGLDC
Cash
Active
2026-06-24T21:00:18Z
CDR
2026-06-24T15:03:13Z

1945 42nd Street Ne, Cedar Rapids, Iowa 52402 - Commercial Sale For Sale

1945 42nd Street Ne, Cedar Rapids, Iowa 52402

1,980 Sqft
$995,000
Listing ID #2604508
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2604508
Price : $995,000
Square Footage : 1,980 Sqft
Year Built : 1970
Lot Area : 1.02 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Industrial
Roof : Asphalt, Shingle
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent