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Mixed-Use Property With Apartment
For Sale
$335,000

901 Oakland Road NE, Cedar Rapids, IA 52402

Commercial, Cedar Rapids, IA

Property Size5,524 SF
Lot Size0.38 Acres
Price / SF$60.64
Days on Market8

Property Features for 901 Oakland Road NE

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Tmixed
Rooms Basement
Directions From Interstate 380, head East on H Ave NE, Property will be on your left at the 4 way intersection of H Ave and Oakland Rd NE.
Subdivision NE Quadrant
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 5299
Legal Description DANIELS PARK 1ST (LESS CITY) E 140' STR/LB 5 4

Building Details

Year built 1913
Building materials Frame
Roof type Membrane
Listing Agency: RE/MAX CONCEPTS · RE/MAX International
Listed By: Chad Gloede · License #61723000
Added: Sep 15 Last Checked: Sep 22 at 3:06PM
MLS# 2606493

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 mixed-use property includes a main-level shop, an upstairs two-bedroom apartment, rear storage, and a full basement. The shop is leased through 2029, while the apartment is currently rented. The basement provides additional interior space for storage or workspace, and the rear portion includes storage serving the shop and apartment areas.

Recent property improvements include a new parking lot in 2025, updated siding, new electrical throughout, and a new furnace for the main-level shop in 2025. Storefront work included repainting, awning renovation, a new stoop, planter removal, a new front door, and a replacement display-window frame. Multiple bathrooms have also been updated. The property is zoned Tmixed, sits on 0.38 acres, and contains 5,524 square feet. Built in 1913, it has frame construction and a membrane roof.

Key Highlights

  • Main‑level shop leased through 2029
  • Updated 2‑bedroom apartment is currently rented
  • 5,524 square feet on 0.38 acres

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

1
Residential units
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 and an updated upstairs apartment combine retail functionality with residential income use.
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: Main‑level shop leased through 2029; Updated 2‑bedroom apartment is currently rented; 5,524 square feet on 0.38 acres
More about this property
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