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1569 1st Ave SE Cedar Rapids, IA 52402 • Commercial - Retail • Active

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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!

Property Highlights

Property Type: Commercial - Retail
Year Built: 1905

General Information

County: Linn
Listed By:
Century 21 Signature Real Estate 515-639-9787 Tina Wing
Cedar Rapids MLS
$0.00 / /per sqft
Est. $1,615/mo
New to the Market Active
SQUARE FEET4,228 MLS#2602726
STATUSActive PROPERTY TYPECommercial - Retail

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Shown By

Agent Name: Jan Jaeger
 Agent Phone: (319) 759-8589
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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1569 1st Ave Se, Cedar Rapids, IA 52402.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $249,900$249,900$249,900
Down Payment $49,980$8,747$62,475
Monthly Mortgage Amount $1,167$1,471$1,519
Taxes $348$348$348
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$110$0
Monthly Estimated Total $1,615$2,029$1,967

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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 04/21/2026. The listing information on this page last changed on 04/21/2026. 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 Tue 04/21/2026 12:19:02 AM EST) or MRED MLS (last updated Tue 04/21/2026 12:11:57 AM EST) or SCWMLS (last updated Mon 04/20/2026 11:54:33 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Mon 04/20/2026 10:15:22 PM EST) or Cedar Rapids MLS (last updated Mon 04/20/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Tue 04/21/2026 12:18:40 AM EST) or ICAAR MLS (last updated Mon 04/20/2026 11:37:26 PM EST) or ECIMLS (last updated Mon 04/20/2026 11:44:12 PM EST) or RMLSA (last updated Tue 04/21/2026 12:10:56 AM EST) or Muscatine MLS (last updated Tue 04/21/2026 12:15:23 AM EST) or No Coast MLS (last updated Tue 04/21/2026 12:14:18 AM 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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