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1060 Old Marion Road NE

Cedar Rapids, IA 52402
  • $2,557,350
  • STATUS: Active
  • ON SITE: 26 Days
  • MLS #: 2601115
UPDATED: 42 min ago
$2,557,350
  • 0
    BEDS
  • 1.35
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 15,821
    SQFT
  • $162
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
2003
County:
Area:

School Ratings & Info

Description

Fully leased multi-tenant retail property located in a well-established NE Cedar Rapids commercial corridor. The property is occupied by four tenants: Mulligans, Inspirations Salon, Taste of India (Grocery), and Taste of India restaurant, providing a diversified mix of food, retail, and service uses. Strategically positioned with strong visibility and convenient access to major thoroughfares, the asset benefits from surrounding residential density and consistent consumer traffic. A stable, income-producing investment opportunity with diversified tenancy in a solid Cedar Rapids submarket.

Monthly Payment Calculator

© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-03-15T06:42:38.943.
www.buyandselliowa.com/homes/173087105
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1060 Old Marion Road NE Cedar Rapids, IA 52402

  • Price: $2,557,350
  • Status: Active
  • On Site: 26 Days
  • Updated: 42 min ago
  • MLS #: 2601115
0
Beds
0
Baths
0
½ Baths
1.35
Acres
15,821
SQFT
$162
$/SQFT
2003
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Property Description
Fully leased multi-tenant retail property located in a well-established NE Cedar Rapids commercial corridor. The property is occupied by four tenants: Mulligans, Inspirations Salon, Taste of India (Grocery), and Taste of India restaurant, providing a diversified mix of food, retail, and service uses. Strategically positioned with strong visibility and convenient access to major thoroughfares, the asset benefits from surrounding residential density and consistent consumer traffic. A stable, income-producing investment opportunity with diversified tenancy in a solid Cedar Rapids submarket.
Exterior Features

Construction Materials Frame Parking Features Off Street Roof Metal

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Gas Heating YN Yes

Property Features

Association YN No Building Features Kitchen Facilities Multi- Tenant Private Restrooms Pole Sign Business Name Noelridge Neigh Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash Possession Close Of Escrow Property Sub Type Investment Property Sub Type Additional Investment Sewer Public Sewer Tax Annual Amount 46837 Utilities Electricity Available Natural Gas Available Water Source Public Zoning TRADITIO Zoning Description TRADITIO

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Tiffany Earl Williams-Wsg Cre of SKOGMAN REALTY COMMERCIAL: 319-363-8286.
© 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Key Realty. Data last updated: 2026-03-15T06:42:38.943.
 
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Key Realty
4403 1st Av SE, #300
Cedar Rapids IA, 52402