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    Mixed-Use Retail and Apartments Title is generated by Realmo AI

    1056 5th Avenue SE, Cedar Rapids, IA 52403

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    For Sale
    $354,999

    Two-story mixed-use building with main-floor retail space and two renovated apartments above, plus a dedicated rear parking lot.

    Type:Retail
    Property size:
    1,725 SF
    Price / SF:
    $205/SF
    Added:
    May 22, 2026
    Days on Market:
    26
    Last Refresh:
    Jun 15 at 2:42 am

    Property Features for 1056 5th Avenue SE

    General Information

    Standard status
    Active
    Size
    1,725 SF
    Property subtype
    Retail

    Building Details

    Year Built
    1950

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    Listing Contact
    Michael Gibbs

    Listing agent Michael Gibbs

    Listing office GLD COMMERCIAL

    Listing date May 22, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of GLD COMMERCIAL

    HighLights

    • Two‑story mixed‑use building with 1,725 SF retail space on the main level
    • Second level has two 2‑bedroom apartments, both recently renovated
    • Main‑floor retail was most recently built out for a salon; infrastructure remains in place, FF&E removed
    • Central air cooling; heating listed as "3"
    • Includes a dedicated rear parking lot (parcel 14223‑33002‑0000) immediately behind the building
    • Lot dimensions: .08 acres

    Overview

    This two-story mixed-use property includes approximately 1,725 SF of retail space on the main floor and two renovated two-bedroom apartments on the second level. The retail space was most recently built out for a salon, and the underlying infrastructure remains in place; the FF&E has been removed, allowing a new tenant or owner to finish to suit. The residential units are described as recently renovated.

    The building is located next to the MedQuarter in Cedar Rapids. Parking is supported by a included parcel, 14223-33002-0000, which is the parking lot immediately behind the building.

    The layout offers a practical owner-user or investor setup with income-producing residential units above and flexible retail space below. For a salon, service business, or other retail use, the existing improvements may reduce upfront work, while the apartments provide additional uses within the same building. Please call the listing agent for further details and showing instructions.
    Location Intelligence

    Current Use by Public Records

    Genre Barber Shop Mak Marketing Team Marketing & Advertising

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Dental Office Law Firm Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cedar Rapids
    County
    Linn
    State
    Iowa
    Longitude
    -91.6546419
    Latitude
    41.9816044

    FAQs

    What type of property is this?
    Duplex - Two-story mixed-use building with main-floor retail space and two renovated apartments above, plus a dedicated rear parking lot.
    Where is this duplex located?
    The property is located at 1056 5th Avenue SE Cedar Rapids, IA.
    What is the asking price?
    The asking price for this property is $354,999.
    What are key features of this property?
    This property features: Two‑story mixed‑use building with 1,725 SF retail space on the main level; Second level has two 2‑bedroom apartments, both recently renovated; Main‑floor retail was most recently built out for a salon; infrastructure remains in place, FF&E removed
    More about this property
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