Mixed-Use Property with
For Sale
$350,000
901 Oakland Road NE, Cedar Rapids, IA 52402
Commercial building combines leased shop space, a rented two-bedroom apartment, storage, and a basement.
Property Size5,524 SF
Price / SF$63.36
Days on Market175
Property Features for 901 Oakland Road NE
General Information
Standard status
Active
Size
5,524 SF
Property subtype
Commercial
Lease Term
[]
Units
Unit Mix
2 bedroom
Multifamily Units
1
Building Details
Year Built
1913
Tenancy
Multi
Listing Agency:
RE/MAX CONCEPTS
(319) 573-0697
Listed By:
Chad Gloede · License #61723000
(319) 364-8121
Source:
Cbhrealty
Added: Mar 11
Changed: Aug 31
Last Checked: Aug 31 at 8:13PM
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 RE/MAX CONCEPTS
Investment Insights
Based on property information with market context.
Located at 901 Oakland Rd NE in Cedar Rapids, this 5,524-square-foot mixed-use property combines a main-level shop with an updated two-bedroom apartment on the upper floor. The shop is leased through 2029, while the apartment is currently rented. Additional storage is located in the rear portion of the shop and apartment areas, and the basement provides substantial enclosed space.
Recent improvements include a parking lot completed in 2025, new electrical systems throughout, updated siding, a 2025 furnace for the main-level shop, and refreshed storefront elements. Storefront work includes repainting, awning renovation, a new stoop, planter removal, a new front door, and a new display window frame. Multiple bathrooms have also been updated, and water heaters were replaced in 2013 and 2019.
Recent improvements include a parking lot completed in 2025, new electrical systems throughout, updated siding, a 2025 furnace for the main-level shop, and refreshed storefront elements. Storefront work includes repainting, awning renovation, a new stoop, planter removal, a new front door, and a new display window frame. Multiple bathrooms have also been updated, and water heaters were replaced in 2013 and 2019.
Key Highlights
- 5,524‑square‑foot mixed‑use property at 901 Oakland Rd NE, Cedar Rapids, IA
- Main‑level shop leased through 2029
- Updated upstairs two‑bedroom apartment is currently rented
Property Analytics
Property Profile
Current Use
Lease Details
1
Residential units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
495
Businesses Nearby
Explore this area
Business Placement
Demographics for 52402, IA
42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Commercial building combines leased shop space, a rented two-bedroom apartment, storage, and a basement.
Where is this mixed-use property located?
The property is located at 901 Oakland Road NE Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 5,524‑square‑foot mixed‑use property at 901 Oakland Rd NE, Cedar Rapids, IA; Main‑level shop leased through 2029; Updated upstairs two‑bedroom apartment is currently rented
