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Commercial Land with Existing Structures
For Sale
$575,000

2821 & 2829 SE Mt Vernon Road, Cedar Rapids, IA 52401

Commercial Sale, Cedar Rapids, IA

Property SizeContact for details
Lot Size0.94 Acres
Days on Market177

Property Features for 2821 & 2829 SE Mt Vernon Road

General Information

Property type Commercial Sale
Property subtype Office
Zoning Commercial
Directions Right off highway 30
Standard status Active
APN 1426126005
Lot size 0.94 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LANDS (LESS ST & W 100') & (LESS E 462.5') N 250' N 8AC E 1/2 NW NE STR/LB 26 83 7 & LANDS (LESS ST)W 100' N 250' E 1/2 NW NE STR/LB 26 83 7
Tax Annual Amount 6967
Legal Description LANDS (LESS ST & W 100') & (LESS E 462.5') N 250' N 8AC E 1/2 NW NE STR/LB 26 83 7 & LANDS (LESS ST)W 100' N 250' E 1/2 NW NE STR/LB 26 83 7

Building Details

Year built 1924
Listing Agency: Lockard Realty Company
Listed By: Steve Conrad
Added: Mar 12 Changed: Aug 19 Last Checked: Sep 4 at 6:06AM
MLS# 20260993

Copyright © 2026 Northeast Iowa Regional Board 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.

Investment Insights

Based on property information with market context.

This offering combines two parcels totaling 0.944 acres and is being conveyed as a single package. The property is commercially zoned and includes a house at 2829 SE Mt Vernon Road that may be restored or relocated. A second structure at 2821 SE Mt Vernon Road is identified for possible removal because of City Code considerations.

The site is located in Cedar Rapids, Iowa, within Linn County. Both parcels are offered in their existing condition, with the land representing the primary component of the opportunity. Existing improvements and their respective conditions should be evaluated as part of any redevelopment, restoration, or site-planning analysis.

Key Highlights

  • Two parcels offered together as one package
  • 0.944 acres of commercially zoned land
  • House at 2829 SE Mt Vernon Road may be restored or moved

Property Analytics

Current Use

O So Beautiful ... Hair Salon

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Building Supply Spa & Massage Center Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

3,140
Businesses Nearby

Demographics for 52401, IA

2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Commercial land - Two commercial-zoned parcels offered together with existing structures requiring restoration or removal consideration.
Where is this commercial land located?
The property is located at 2821 & 2829 SE Mt Vernon Road Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Two parcels offered together as one package; 0.944 acres of commercially zoned land; House at 2829 SE Mt Vernon Road may be restored or moved
More about this property
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