Multi-Use Commercial Investment
901 Oakland Road NE Cedar Rapids, IA 52402
COMMERCIAL - Cedar Rapids, IA
Property size:
5,524 SFLot size:
0.38 AcresPrice / SF:
$63/SF- Added:
- May 14, 2026
- Days on Market:
- 58
- Last Refresh:
- Jul 10 at 6:06 pm
Property Features for 901 Oakland Road NE
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- Tmixed
- Rooms
- Basement
- Standard status
- Active
- APN
- 141640402000000
- Size
- 5,524 SF
- Lot size
- 0.38 Acres
Taxes and HOA fees
- Tax Description
- DANIELS PARK 1ST (LESS CITY) E 140' STR/LB 5 4
- Tax Annual Amount
- 4864
Building Details
- Year built
- 1913
- Flooring type
- Carpet, Wood
- Building materials
- Frame
- Roof type
- Membrane
Listing agent Chad Gloede License #61723000 (319) 395-0101
Listing office RE/MAX CONCEPTS 5235 Buffalo Ridge Drive NE SUITE B, Cedar Rapids, IA (319) 395-0101
Listing date May 14, 2026
MLS# 2603398
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.
Investment Insights
Based on property information with market context.
This multi-use commercial property presents an investment opportunity with income potential. The main level shop space is currently leased through 2029, providing stable long-term income. The property also includes an updated 2-bedroom apartment upstairs that is currently rented, along with additional storage space in the rear half shop and apartment area. A large basement offers potential for additional storage, workspace, or future value-add opportunities. Updates include a new parking lot planned for 2025, updated siding, all new electrical throughout, and a new furnace for the main level shop also planned for 2025. Storefront improvements include repainting and awning renovation, a new stoop, planter removal, a new front door and display window frame, plus multiple updated bathrooms. Water heaters were replaced in 2013 and 2019. The property, situated on a 0.38-acre lot, has a building size of 5524 square feet.
Key Highlights
- Leased main level shop space provides stable long‑term income through 2029.
- Updated 2‑bedroom apartment offers additional rental income.
- Extensive recent updates including new parking lot (2025), new electrical, and new furnace (2025). Updated siding and storefront improvements.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Kevin's A-1 Vacuum
Home Appliance Store
Similar For Sale Nearby
FAQs
What type of property is this?
Mixed-use property - Commercial property with shop, apartment, and storage space.
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: Leased main level shop space provides stable long‑term income through 2029.; Updated 2‑bedroom apartment offers additional rental income.; Extensive recent updates including new parking lot (2025), new electrical, and new furnace (2025). Updated siding and storefront improvements.
