1569 1st Ave SE, Cedar Rapids, IA 52402

Building Details

Year Built

1905

Listing office Stewart Realty Company s***@jamigordon.com Show Phone

Listing date Apr 17, 2026

Source Pinnaclerealtyia

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Overview

This mixed-use building features a front commercial space with a finished basement, previously used as a salon and café. The lower commercial level includes plumbing and salon sinks, along with a private restroom, while the basement also provides kitchen space that can support a coffee shop, retail, office, or similar business use. The rear of the building includes four updated one-bedroom residential units, with two currently leased. The units have new flooring and fresh paint, creating a clean, modern presentation.

Located at 1569 1st Ave SE in Cedar Rapids, the property is described as being in a central, high-traffic area. Access is supported by private rear parking, which is positioned to serve both residents and commercial customers.

For owner-occupants or investors, the layout supports running a business at the front while maintaining income from the residential portion. The presence of plumbing, a private restroom, and kitchen space in the commercial basement can simplify setup for service-oriented concepts, while the four residential units provide an additional diversified revenue stream within the same building. The flexible configuration and on-site parking are practical considerations for tenants and operators evaluating a mixed-use setup.

Suggested Use

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

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

Location Insight

• Map
• Local Demand

City

Cedar Rapids

County

Linn

State

Iowa

Longitude

-91.6499166

Latitude

41.9891593

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FAQs

What type of property is this?

Mixed-use property - Front commercial space with finished basement plus four updated one-bedroom units, two leased, with private rear parking.

Where is this mixed-use property located?

The property is located at 1569 1st Ave SE Cedar Rapids, IA.

What is the lease rate?

The lease rate is $249,900.

What are key features of this property?

This property features: Mixed‑use building built in 1905 with front commercial space and a finished basement (plumbing included); Finished basement previously used as a salon and cafe, with plumbing, salon sinks, and a private restroom; Lower level kitchen space suited for a coffee shop, retail store, office, or other business use