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1229-1253 1st Avenue SE Cedar Rapids, IA 52403 • Land - Lot/Land • Active

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Description

A rare redevelopment opportunity in Cedar Rapids’ MedQuarter: approximately 0.90 acres of contiguous frontage at 1229-1253 1st Avenue SE, directly across from Coe College and near UnityPoint St. Luke’s, Physicians’ Clinic of Iowa, and the new 1st Avenue Starbucks. Assemblages of this size on 1st Avenue are seldom available. The site is well suited to mixed-use, medical office, multifamily, student housing, or retail development. Urban zoning, strong exposure with 22,300 VPD, and quick access to downtown and I-380. Existing buildings provide in-place income while a buyer plans and entitles the project. *Parcels included: 142225700800000, 142225700700000, 142225700600000, 142225700500000 & 142225700400000

Property Highlights

Property Type: Land - Lot/Land
Total Acres: 0.90 Acres
Utilities: Electricity Available, Natural Gas Available

General Information

County: Linn
High School: Washington
Listed By:
Skogman Realty Co Tiffany Earl Williams-WSG CRE 319-363-8286
Cedar Rapids MLS
$1,295,000
Est. $9,335/mo
Active
LOT SIZE 0.900 acres MLS#2606841
STATUSActive PROPERTY TYPELand - Lot/Land SCHOOLCedar Rapids
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Agent Name: Dan Kelly
 Agent Phone: (563) 320-5473
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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1229-1253 1st Avenue Se, Cedar Rapids, IA 52403.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,295,000$1,295,000$1,295,000
Down Payment $45,325$0$259,000
Monthly Mortgage Amount $8,460$8,912$7,155
Taxes $1802$1802$1802
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $777$0$0
Monthly Estimated Total $11,417$11,092$9,335

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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 10/19/2026. The listing information on this page last changed on 10/19/2026. 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 Mon 10/19/2026 5:12:42 PM EST) or MRED MLS (last updated Mon 10/19/2026 5:09:27 PM EST) or SCWMLS (last updated Mon 10/19/2026 5:10:24 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 10/19/2026 5:04:42 PM EST) or Cedar Rapids MLS (last updated Mon 10/19/2026 5:09:33 PM EST) or NEIRBR MLS (last updated Mon 10/19/2026 5:09:07 PM EST) or ICAAR MLS (last updated Mon 10/19/2026 5:07:57 PM EST) or ECIMLS (last updated Mon 10/19/2026 5:08:40 PM EST) or RMLSA (last updated Mon 10/19/2026 5:11:18 PM EST) or Muscatine MLS (last updated Mon 10/19/2026 5:00:16 PM EST) or No Coast MLS (last updated Mon 10/19/2026 5:04:58 PM 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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