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!

Address Map
IA
Linn
Cedar Rapids
52402
1st Ave SE
1569
W92° 21' 0.2''
N41° 59' 21.1''
Property is located on the South side of the street on 1st ave
SE Quadrant
U-NG
MLS Addon
Century 21 Signature Real Estate
Tina Wing
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Additional Information
5600
2026-04-17
https://www.propertypanorama.com/instaview/cdr/2602726
Financial
3122.0
Listing Information
WINGTINA121
CC21S
Active
2026-04-20T23:06:38Z
CDR
2026-04-20T16:07:10Z

1569 1st Ave Se, Cedar Rapids, Iowa 52402 - Commercial Lease For Rent

1569 1st Ave Se, Cedar Rapids, Iowa 52402

4,228 Sqft
$249,900
Listing ID #2602726
Basic Details
Property Type : Commercial Lease
Listing Type : For Rent
Listing ID : 2602726
Price : $249,900
Square Footage : 4,228 Sqft
Year Built : 1905
Lot Area : 0.13 Acre
Status : Active
Property Sub Type : Retail
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent