Cedar Rapids, IA Live-work Space for Sale

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Marion, IA Hiawatha, IA Ely, IA Robins, IA Fairfax, IA Mount Vernon, IA Swisher, IA Toddville, IA

Updated: Jul 10

Three-Level Live-Work Property

2919 1st Ave SE, Cedar Rapids, IA 52403

$475,000

4,140 sqft 0.36 AC lot

4,140‑square‑foot, three‑level live‑work property
Separate entrances and private restrooms on all 3 levels
Upper level includes partially renovated residential living
16 off‑street parking spaces: 12 on the south side and 4 near 1st Avenue
72' x 180' buildable lot fronting 1st Avenue SE

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This listing looks promising.

Here's a quick look at some key insights for

2919 1st Ave SE, Cedar Rapids, IA 52403

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Est. Cap Rate

7.4%
Above avg (5.9%)
Est. NOI

$35K
Annual
Mortgage

$115K
Dec 2018
Property Type

Office Building
Built 1957

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Updated: Jul 12

Multi-Level Live-Work Office Building

2919 1st Ave SE, Cedar Rapids, IA 52403

$475,000

15,660 sqft

1957 building with public water and 0.36‑acre lot (15,660 lot dimensions) with off‑street parking
All 3 levels have separate entrances, including dedicated office/education/meeting space and upper‑level residential living
Main level offers Class A office space; lower level includes office, education, and conference/meeting areas with private restrooms
Upper level partially renovated with new flooring, lighting, and paint; includes HVAC, carpet flooring, air conditioning, and storage
Upgrades include new roof in 2020, newer HVAC, and new windows and blinds across the building

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All-Brick Live-Work Building with Rooftop

608 2nd Avenue SE, Cedar Rapids, IA 52401

$950,000

9,660 sqft

Almost 10,000 finished live-work space includes a yoga studio, woodworking shop, multiple massage services, Airbnb studio, and a 4BR apartment.

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Renovated Restaurant with Apartment

62 16th Ave SW, Cedar Rapids, IA 52404

Contact for pricing

Second-generation space offers a renovated bar, dining area, and fenced outdoor patio for restaurant or retail use.

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Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center

Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 4 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 17 Off-Market properties to explore as potential leads

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Mixed-Use Property With Living Quarters

4506 220th Trl, Amana, IA 52203

$575,000

3,559 sqft

Separate commercial areas and upper-level living space support owner occupancy or rental use.

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Mixed-Use Live/Work and Retail Building

304 Franklin St, Delhi, IA 52223

$189,000

4,172 sqft

Mixed-use property offering both commercial and residential opportunities in Delhi, IA.

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Mixed-Use Building with Residence

4506 220th Trl, Amana, IA 52203

$575,000

0.35 AC lot

Combines ground-floor commercial area with upper-level living quarters and dedicated laundry space.

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Mixed-Use Property with Basement

304 Franklin Street, Delhi, IA 52223

$179,000

Flexible building with public water and sewer, central air, and a combination of commercial and residential space.

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Off-Market Properties in Cedar Rapids, IA

Consider similar Off-Market properties in Cedar Rapids, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

OFFICE/RESIDENTIAL (MIXED USE)

609 1st SW Ave, Cedar Rapids, IA 52405-3938

$470,000

Estimated value

8,736 sqft 0.36 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

4600 Mt Vernon SE Rd, Cedar Rapids, IA 52403-3912

$200,000

Estimated value

1,759 sqft 1.32 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

124 13th SE St, Cedar Rapids, IA 52403-4040

$355,000

Estimated value

7,540 sqft 0.39 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

7905 Tower Ter Rd, Cedar Rapids, IA 52411-7885

$425,000

Estimated value

3,702 sqft 24.26 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

4990 Johnson NW Ave, Cedar Rapids, IA 52405-4204

$155,000

Estimated value

7,680 sqft 0.30 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

871 Shaver NE Rd, Cedar Rapids, IA 52402-4507

$220,000

Estimated value

4,436 sqft 0.32 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

116 15th NE St, Cedar Rapids, IA 52402-5025

$210,000

Estimated value

3,565 sqft 0.06 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

346 2nd SW Ave, Cedar Rapids, IA 52404-2069

$3,055,000

Estimated value

53,980 sqft 0.87 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

3500 Ctr Pt NE Rd, Cedar Rapids, IA 52402-5566

$235,000

Estimated value

7,703 sqft 0.53 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

208 12th SE Ave, Cedar Rapids, IA 52401-2324

$710,000

Estimated value

10,736 sqft 0.19 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1756 1st NE Ave, Cedar Rapids, IA 52402-5490

$215,000

Estimated value

4,012 sqft 0.34 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

2000 1st NE Ave, Cedar Rapids, IA 52402-6300

$460,000

Estimated value

4,900 sqft 0.35 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1420 1st NE Ave, Cedar Rapids, IA 52402-5020

$2,505,000

Estimated value

28,270 sqft 0.87 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

3601 16th SW Ave, Cedar Rapids, IA 52404-2328

$1,595,000

Estimated value

19,440 sqft 2.41 AC lot

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OFFICE/RESIDENTIAL (MIXED USE)

1050 Depot SE Ln, Cedar Rapids, IA 52401-2461

$3,655,000

Estimated value

37,245 sqft

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OFFICE/RESIDENTIAL (MIXED USE)

1120 Depot SE Ln, Cedar Rapids, IA 52401-2550

$3,850,000

Estimated value

39,197 sqft

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OFFICE/RESIDENTIAL (MIXED USE)

3998 Westdale SW Pkwy, Cedar Rapids, IA 52404-9200

$4,880,000

Estimated value

58,140 sqft 1.82 AC lot

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Cedar Rapids, IA Live-Work Space Market Trends and Statistics

Explore 21 live-work space for sale in Cedar Rapids, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 29,460 square feet of properties for sale, with an estimated market value of $1,900,000.

Sale prices for live-work properties in Cedar Rapids, IA start at $475,000, averaging $633,333, and reaching up to $950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 145K

Population Growth (5Y) +3.0%

Median Household Income $72,941

College Educated 21.6%

High-Yield Neighborhoods for Investment

Identify Cedar Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
52403	$475K
52401	$950K

Taxes & Financing

Tax Rate (average for all types) 3.09%

Property Tax per SF $27.54 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

New Delisted

Total CRE Inventory on Market (SF)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Linn County

Office

Property Size Breakdown

The majority of commercial real estate listings in Cedar Rapids fall within the 25,000 to 50,000 square foot range.

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Cedar Rapids, IA Live-work Space for Sale

2919 1st Ave SE, Cedar Rapids, IA 52403

2919 1st Ave SE, Cedar Rapids, IA 52403

608 2nd Avenue SE, Cedar Rapids, IA 52401

62 16th Ave SW, Cedar Rapids, IA 52404

Opportunities in Nearby Cities

4506 220th Trl, Amana, IA 52203

304 Franklin St, Delhi, IA 52223

4506 220th Trl, Amana, IA 52203

304 Franklin Street, Delhi, IA 52223

Off-Market Properties in Cedar Rapids, IA

609 1st SW Ave, Cedar Rapids, IA 52405-3938

4600 Mt Vernon SE Rd, Cedar Rapids, IA 52403-3912

124 13th SE St, Cedar Rapids, IA 52403-4040

7905 Tower Ter Rd, Cedar Rapids, IA 52411-7885

4990 Johnson NW Ave, Cedar Rapids, IA 52405-4204

871 Shaver NE Rd, Cedar Rapids, IA 52402-4507

116 15th NE St, Cedar Rapids, IA 52402-5025

346 2nd SW Ave, Cedar Rapids, IA 52404-2069

3500 Ctr Pt NE Rd, Cedar Rapids, IA 52402-5566

208 12th SE Ave, Cedar Rapids, IA 52401-2324

1756 1st NE Ave, Cedar Rapids, IA 52402-5490

2000 1st NE Ave, Cedar Rapids, IA 52402-6300

1420 1st NE Ave, Cedar Rapids, IA 52402-5020

3601 16th SW Ave, Cedar Rapids, IA 52404-2328

1050 Depot SE Ln, Cedar Rapids, IA 52401-2461

1120 Depot SE Ln, Cedar Rapids, IA 52401-2550

3998 Westdale SW Pkwy, Cedar Rapids, IA 52404-9200

Cedar Rapids, IA Live-Work Space Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Average Property Price per SF

Office

Property Size Breakdown

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