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1945 42nd Street NE

Cedar Rapids, IA 52402
  • $995,000
  • STATUS: Active
  • ON SITE: 41 Days
  • MLS #: 2604744
$995,000
  • 0
    BEDS
  • 1.02
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
NE Quadrant
Type:
Farm
County:
Linn
Area:
NE Quadrant

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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 Key Realty. Data last updated: 2026-08-12T23:42:34.647.
www.buyandselliowa.com/homes/178401715
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1945 42nd Street NE Cedar Rapids, IA 52402

  • Price: $995,000
  • Status: Active
  • On Site: 41 Days
  • MLS #: 2604744
0
Beds
0
Baths
0
½ Baths
1.02
Acres
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

Lot Features Level

Property Features

Listing Terms Cash Conventional Other Possession Negotiable Property Sub Type Commercial Property Sub Type Additional Commercial Unimproved Land Sewer Public Sewer Tax Annual Amount 8208 Utilities Electricity Available Natural Gas Available Water Source Public 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 Key Realty. Data last updated: 2026-08-12T23:42:34.647.
 
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Key Realty
4403 1st Av SE, #300
Cedar Rapids IA, 52402