1056 5th Ave Se, Cedar Rapids, IA 52403
Two-story mixed-use property with ground-floor retail and two renovated two-bedroom apartments above, plus included rear parking lot.
- Added:
- Jun 5, 2026
- Days on Market:
- 7
- Last Refresh:
- Jun 10 at 1:58 am
Property Features for 1056 5th Ave Se
General Information
- Standard status
- Active
- Size
- 3,450 SF
- Property subtype
- RETAIL
Listing agent Michael Gibbs License #B43857000
Listing office GLD Commercial (319) 731-3400
Listing date Jun 5, 2026
Source Moodyscre
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HighLights
- Two‑story mixed‑use building with 1,725 SF of retail space on the main floor
- Second level includes two recently renovated 2‑bedroom apartments
- Included parcel 14223‑33002‑0000: the parking lot immediately behind the building
- Main floor was last built out for a salon; infrastructure remains in place, with FF&E removed
- Potential for owner‑user or entrepreneurial investor per the provided remarks
Overview
The property is located next to the MedQuarter in Cedar Rapids. The sale includes parcel 14223-33002-0000, a parking lot immediately behind the building, which helps support customer and tenant access for both the retail and residential components.
With retail and residential units under one roof, this is well-suited for an owner-user looking to combine storefront operations with income from upstairs living space, or for an entrepreneurial investor seeking a mixed-use setup. The layout supports independent use of the main-floor retail and the two second-floor apartments, while the included rear parking helps reduce friction for day-to-day access. Please call the listing agent for details and showings.
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6546419
- Latitude
- 41.9816044