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1569 1st Ave Se

Cedar Rapids, IA 52402
  • $249,900
  • STATUS: Active
  • ON SITE: 20 Days
  • MLS #: 2602726
UPDATED: 40 min ago
$249,900
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,228
    SQFT
  • $59
    $/SQFT
Neighborhood:
Type:
Commercial-Lease
Built:
1905
County:
Area:

School Ratings & Info

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!

© 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: 2026-05-11T17:42:36.017.
www.buyandselliowa.com/homes/175592829
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1569 1st Ave Se Cedar Rapids, IA 52402

  • Price: $249,900
  • Status: Active
  • On Site: 20 Days
  • Updated: 40 min ago
  • MLS #: 2602726
0
Beds
0
Baths
0
½ Baths
0.13
Acres
4,228
SQFT
$59
$/SQFT
1905
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
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!
Interior Features

Basement YN Yes

Property Features

Association YN No Building Features Multi- Tenant Inclusions Building Leasable Area 1000 Lease Considered YN Yes Owner Pays Gas Trash Collection Possession Negotiable Property Sub Type Retail Property Sub Type Additional Retail Tax Annual Amount 3122 Zoning U- NG Zoning Description U- NG

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Tina Wing of Century 21 Signature Real Estate: 515-639-9787.
© 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: 2026-05-11T17:42:36.017.
 
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Key Realty
4403 1st Av SE, #300
Cedar Rapids IA, 52402