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  1. Commercial Properties
  2. IA
  3. Cedar Rapids

1945 42nd St NE

For Sale

1945 42nd St NE, Cedar Rapids, IA 52402

LocatedRare 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.

Building Details

  • For Sale $995,000
  • Property Type Retail - Street Retail
  • Property Size 1,980 SF
  • Lot Size 1.02 Acre
  • Additional Rent Price on request
  • Property Tenancy Single Tenant
  • Year Built 1970
  • Date Updated Nov 7, 2026
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Contacts

broker
Jenn Sexton

GLD Commercial

Location

  • City Cedar Rapids, IA
  • Zip Code 52402
  • Map
  • Street
  • Walk score 58/100 Somewhat Walkable
  • Transit score 20/100 Minimal Transit
  • Bike score 70/100 Very Bikeable
Powered by Walk Score ®

Points of Interest

Kwik Trip

0.04 miles

Sierra Convenience

0.66 miles

Sinclair

0.75 miles

Casey's General Store

0.79 miles

Hy-Vee Gas

0.85 miles

KwikShop

0.96 miles

Kwik Shop

0.99 miles

Fas Fuel

1.10 miles

ChargePoint

1.14 miles

Kwik Star

1.28 miles

27th Street Lot

1.34 miles

Prairie Drive Lot

1.46 miles

Lower Andreas Lot

1.51 miles

Upper Andreas Lot

1.51 miles

Five Seasons Parking Ramp

2.79 miles

Lot 10

2.80 miles

Immaculate Conception Catholic Church Parking

2.80 miles

Lot 9

2.83 miles

Lot 12

2.86 miles

3rd Avenue Ramp

3.01 miles

Our Himalayan Store

0.16 miles

Asian General Store

0.43 miles

New Pioneer Food Co-Op

0.61 miles

Hy-Vee

0.77 miles

Ken's Magic Shop

0.96 miles

Walmart Supercenter

1.09 miles

Claire's

1.11 miles

ALDI

1.30 miles

Natural Grocers

1.34 miles

Target

1.36 miles

Listing Summary

  • Property Financials

    1945 42nd St NE is currently listed for sale at $995,000 for a price per square foot of $502.53.

  • Property Details

    1945 42nd St NE totals 1,980 square feet of Retail space on a lot spanning 1.02 acres. The property was initially built in 1970.

    Tenancy at 1945 42nd St NE is listed as Single Tenant.

  • Area Characteristics

    In terms of ease of commuting, the area has a walk score of 58, indicating that it is somewhat walkable.

Contact Jenn Sexton
broker
Jenn Sexton

GLD Commercial

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