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Mixed-Use Building with Apartment
New
For Sale
$335,000

901 Oakland Road NE, Cedar Rapids, IA 52402

Leased shop space, an updated two-bedroom apartment, storage, and a full basement support multiple commercial and residential uses.

Property Size5,524 SF
Price / SF$60.64
Days on Market7

Property Features for 901 Oakland Road NE

General Information

Standard status Active
Size 5,524 SF
Property subtype Business Op
Zoning Tmixed

Taxes and HOA fees

Annual Taxes $5,299

Amenities

Yes
2
Display Window(s)
Storage
Fenced
Building,Land
Public
0.38
16,478
Off Street

Building Details

Year Built 1913
Buildings 1
Stories 2
Tenancy Multi
Listing Agency: Fischels Commercial Group
Listed By: Z Maryland
Source: Pinnaclerealtyia
Added: Sep 16 Changed: Sep 21 Last Checked: Sep 21 at 3:59AM

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 Fischels Commercial Group

Investment Insights

Based on property information with market context.

This 5,524-square-foot mixed-use property combines a main-level shop with an updated two-bedroom apartment upstairs. 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 building includes a clean basement suitable for storage or workspace. Interior improvements include new electrical service throughout, multiple updated bathrooms, and water heaters replaced in 2013 and 2019.

Exterior work includes a new parking lot completed in 2025, updated siding, a renovated awning, a new front door and display-window frame, a new stoop, and planter removal. The property sits on a 0.38-acre parcel at 901 Oakland Road NE in Cedar Rapids, Iowa, with 16,478 square feet of land area, fenced features, public parking, and off-street parking. Zoning is Tmixed.

Key Highlights

  • 5,524 SF mixed‑use building on a 0.38‑acre parcel
  • Main‑level shop leased through 2029
  • Updated 2‑bedroom apartment is currently rented

Property Analytics

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Current Use

Kevin's A-1 Vacuum Home Appliance Store

Suggested Use

Top Pick Real Estate Agency Bakery HVAC Service Furniture & Home Goods Electrical Service Acupuncture

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

Lease Details

Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

495
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Mixed-use property - Leased shop space, an updated two-bedroom apartment, storage, and a full basement support multiple commercial and residential uses.
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 $335,000.
What are key features of this property?
This property features: 5,524 SF mixed‑use building on a 0.38‑acre parcel; Main‑level shop leased through 2029; Updated 2‑bedroom apartment is currently rented
More about this property
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