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294-298 Blairs Ferry Road NE

Cedar Rapids, IA 52402
  • $5,691,202
  • STATUS: Active
  • ON SITE: 127 Days
  • MLS #: 2506082
UPDATED: 59 min ago
$5,691,202
  • 0
    BEDS
  • 2.6
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 31,980
    SQFT
  • $178
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1980
County:
Area:

School Ratings & Info

Description

Presenting a high-quality investment property at 294-298 Blairs Ferry Rd NE in Cedar Rapids, IA. This multi-tenant asset is anchored by UnityPoint Health, operating both a hospice office and a durable medical equipment retail center. Additional tenants include the University of Dubuque's remote learning facility and Salon Suites, a popular retail cosmetology concept. These diverse, stable tenants provide steady cash flow across healthcare, education, and personal services sectors. Strategically located in a high-traffic corridor with excellent visibility and access, this well-maintained property offers long-term income potential and minimal management intensityideal for investors seeking secure returns in a growing market.

Monthly Payment Calculator

© 2025 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: 2025-11-15T15:42:39.817.
www.buyandselliowa.com/homes/165740147
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294-298 Blairs Ferry Road NE Cedar Rapids, IA 52402

  • Price: $5,691,202
  • Status: Active
  • On Site: 127 Days
  • Updated: 59 min ago
  • MLS #: 2506082
0
Beds
0
Baths
0
½ Baths
2.6
Acres
31,980
SQFT
$178
$/SQFT
1980
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Property Description
Presenting a high-quality investment property at 294-298 Blairs Ferry Rd NE in Cedar Rapids, IA. This multi-tenant asset is anchored by UnityPoint Health, operating both a hospice office and a durable medical equipment retail center. Additional tenants include the University of Dubuque's remote learning facility and Salon Suites, a popular retail cosmetology concept. These diverse, stable tenants provide steady cash flow across healthcare, education, and personal services sectors. Strategically located in a high-traffic corridor with excellent visibility and access, this well-maintained property offers long-term income potential and minimal management intensityideal for investors seeking secure returns in a growing market.
Exterior Features

Construction Materials Block Concrete Parking Features Off Street Roof Membrane

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Carpet Heating Central Heating YN Yes Levels One

Property Features

Association YN No Building Features Multi- Tenant Private Restrooms Pole Sign Inclusions Building Land Lease Considered YN No Listing Terms Cash Other Possession Negotiable Property Sub Type Office Property Sub Type Additional Office Retail Investment Sewer Public Sewer Tax Annual Amount 115962 Utilities Electricity Available Natural Gas Available Water Source Public Zoning SMC Zoning Description SMC

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Adam Gibbs of GLD COMMERCIAL: 319-731-3400.
© 2025 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: 2025-11-15T15:42:39.817.
 
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Key Realty
4403 1st AV NE, STE 503
Cedar Rapids IA, 52402