31
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$249,900
4,228 SqFt
Active
1569 1st Ave SE Cedar Rapids, IA 52402
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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Rent
Square Footage 4,228 sqft
MLS Listing ID 2602726
HOA Y/N No
Total Fin. Sqft 4228
Year Built 1905
Annual Tax Amount $3,122
Lot Size 5,619 Sqft
Acres 0.129
Property Sub-Type Retail
Property Description
Versatile mixed-use property in a high-traffic, central location with strong income potential. The front features a well-maintained commercial space with a finished basement, previously used as a salon and café, complete with plumbing, salon sinks, and a private restroom. The lower level includes kitchen space, ideal for a coffee shop, retail store, office use, or other business ventures.
The rear of the building offers four updated residential 1 bedroom units, two currently leased, providing immediate income with additional upside. Units feature new flooring and fresh paint for modern appeal.
Private rear parking adds convenience for tenants and customers. A flexible layout and prime location make this an excellent opportunity for investors or owner-occupants seeking both business and rental potential. Contact Agent for more information!
The rear of the building offers four updated residential 1 bedroom units, two currently leased, providing immediate income with additional upside. Units feature new flooring and fresh paint for modern appeal.
Private rear parking adds convenience for tenants and customers. A flexible layout and prime location make this an excellent opportunity for investors or owner-occupants seeking both business and rental potential. Contact Agent for more information!
Location
State IA
County Linn
Area Se Quadrant
Zoning U-NG
Interior
Interior Features InteriorFeatures
Inclusions Building
Fireplace No
Others
Tax ID 14222-11004-00000
Virtual Tour https://www.propertypanorama.com/instaview/cdr/2602726
Listed by Century 21 Signature Real Estate
NEARBY SCHOOL & BUSINESS
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