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Listed price in listed location currency (USD).
$350,000

000

MLS® 2603398

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 5524 sqft
Garage 
Taxes $4,864
Days Active 0
Lot Size 
Approx. Age 1913
Avg. Price Per Sqft $63
MLS® Number 2603398

Property Address: 901 Oakland Rd Ne, Cedar Rapids, IA, 52402-4639

Average square foot calculated using Size range provided by listing agent.

Description

Excellent multi-use commercial investment opportunity with strong income potential and major improvements already completed. Main level shop space is currently leased through 2029 providing stable long term income. 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 huge clean basement offers outstanding potential for additional storage, workspace, or future value add opportunities. Extensive updates include a new parking lot in 2025, updated siding, all new electrical throughout, new furnace for the main level shop in 2025, updated storefront improvements including repainting and awning renovation, new stoop, planter removal, new front door and display window frame, plus multiple updated bathrooms. Water heaters replaced in 2013 and 2019. Excellent opportunity for investors seeking a value add property with existing tenants and future upside potential.
MLS® Number2603398
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1913
Basement
DrivewayOff Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 14, 2026List Date
$350,000List Price
  • Commute

Commute

Starting Address
Destination Address
901 Oakland Rd Ne, Cedar Rapids, IA

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