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Mixed-Use Building with Vacant Storefront

1569 First ave SE, Cedar Rapids, IA 52402

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New

For Sale

$249,900

COMMERCIAL - Cedar Rapids, IA

Property size:

2,666 SF

Lot size:

0.13 Acres

Price / SF:

$93/SF

HighLights

2,666 sq. ft. mixed‑use property built in 1905 with a vacant commercial storefront and four residential apartments
Residential unit mix: two currently occupied and two ready for leasing
Commercial space on 1st Ave SE with off‑street parking included
Recent updates include fresh paint and updated flooring
Roof materials: shingle and membrane
Basement included

We can help!

Listing Contact

Tina Wing

For Sale

$249,900

COMMERCIAL - Cedar Rapids, IA

Property size:

2,666 SF

Lot size:

0.13 Acres

Price / SF:

$93/SF

Added:: Jun 16, 2026
Days on Market:: 1
Last Refresh:: Jun 16 at 8:06 pm

Property Features for 1569 First ave SE

General Information

Property type: Commercial Sale
Property subtype: Other
Zoning: mixed
Rooms: Basement
Standard status: Active
APN: 14222-11004-00000
Size: 2,666 SF
Lot size: 0.13 Acres

Taxes and HOA fees

Tax Description: As per abstract
Tax Annual Amount: 3120

Building Details

Year built: 1905
Roof type: Shingle, Membrane

We can help!

Listing Contact

Tina Wing

Listing agent Tina Wing

Listing office Pinnacle Realty LLC 1110 Dina Ct Suite A, Cedar Rapids, IA

Listing date Jun 16, 2026

MLS# 2604289

Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

2,666 sq. ft. mixed‑use property built in 1905 with a vacant commercial storefront and four residential apartments
Residential unit mix: two currently occupied and two ready for leasing
Commercial space on 1st Ave SE with off‑street parking included
Recent updates include fresh paint and updated flooring
Roof materials: shingle and membrane
Basement included

Overview

This mixed-use property totals 2,666 square feet and combines a commercial storefront with four residential apartments. The commercial space is currently vacant, allowing a new tenant to customize the layout to their needs. On the residential side, two units are currently occupied and two additional apartments are ready for leasing. Recent updates include fresh paint and updated flooring, aimed at reducing upfront costs for both commercial and residential tenants.

The building is located at 1569 First Ave SE in Cedar Rapids, Iowa, within mixed-use zoning. It includes off-street parking, which can support both retail/office visitors and apartment residents. The commercial storefront sits along First Ave SE, providing visibility for passersby.

For tenants and owner-occupants, the flexible ground-floor commercial space can support a range of service and office-oriented uses, while the apartment component provides an on-site residential rental stream. For investors, the current mix of occupied and ready-to-lease units may help provide near-term and future occupancy options within a single property. With updates already completed and parking included, this asset is positioned for a straightforward transition to new management or new tenants.

Property Profile Location Intelligence

Current Use by Public Records

Jackie's stop Restaurant Tasha's Hair Salon Hair Salon

Suggested Use

Location Insight

Map
Local Demand

City: Cedar Rapids
County: Linn
State: Iowa
Longitude: -91.6499166
Latitude: 41.9891593

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For sale
Mixed-use properties
IA
Cedar Rapids
52402
1569 First ave SE

What type of property is this?

Mixed-use property - Mixed-use building with a vacant commercial storefront and four apartments, two occupied and two ready to lease.

Where is this mixed-use property located?

The property is located at 1569 First ave SE Cedar Rapids, IA.

What is the asking price?

The asking price for this property is $249,900.

What are key features of this property?

This property features: 2,666 sq. ft. mixed‑use property built in 1905 with a vacant commercial storefront and four residential apartments; Residential unit mix: two currently occupied and two ready for leasing; Commercial space on 1st Ave SE with off‑street parking included

1569 First ave SE, Cedar Rapids, IA 52402

COMMERCIAL - Cedar Rapids, IA

Property Features for 1569 First ave SE

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Multi-Use Commercial Facility

Turn-Key Restaurant/Bar with Drive Thru

Prime Commercial Space, Cedar Rapids

Architecturally Unique Office with Parking

Modern Office Building with Private Office

Two-Story Office Building

Zoned Commercial Office Building

Commercial Space in Cedar Rapids

Historic Mixed-Use Investment Opportunity

Multi-Use Commercial Investment Opportunity

Flex Building with Warehouse Doors

Commercial Office Building

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