718 4th ST NW, Cedar Rapids, IA 52405
718 4th ST NW, Cedar Rapids, IA 52405
718 4th ST NW, Cedar Rapids, IA 52405
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$500,000
Est. payment /mo
1,224 SqFt

UPDATED:

Key Details

Property Type Commercial

Sub Type Investment

Listing Status Active

Purchase Type For Sale

Square Footage 1,224 sqft

Price per Sqft $408

MLS Listing ID 2607251

HOA Y/N No

Total Fin. Sqft 1224

Year Built 1902

Annual Tax Amount $1,686

Lot Size 3,484 Sqft

Acres 0.08

Property Sub-Type Investment

Property 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.

Location

State IA

County Linn

Area Nw Quadrant

Zoning RES

Interior

Interior Features InteriorFeatures

Heating See Remarks, Gas

Cooling See Remarks, Central Air

Flooring Carpet, See Remarks

Inclusions Building, Land, See Remarks

Fireplace No

Exterior

Utilities Available Electricity Available, Natural Gas Available, See Remarks

Water Access Desc Public

Roof Type See Remarks

Building

Building Description Frame, Single-Tenant,See Remarks

Sewer Public Sewer

Water Public

Structure Type Frame

Others

Tax ID 142048402100000

Acceptable Financing Cash, Other

Listing Terms Cash, Other

Virtual Tour https://www.propertypanorama.com/instaview/cdr/2607251


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Listed by SKOGMAN REALTY CORRIDOR

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Kevin Heinbuch

Kevin Heinbuch

+1(319) 360-7139

Broker / CRS, ABR, SFR, ePro

Broker / CRS, ABR, SFR, ePro

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