1569 First ave SE Cedar Rapids, IA 52402

Other MLS #: 2604289 Courtesy Of Pinnacle Realty LLC

Property InformationDescription

Mixed-use investment opportunity with strong income potential! This 2,666 sq. ft. property features a vacant commercial storefront with excellent visibility along 1st Ave SE and four residential apartments, with two units currently occupied and two ready for leasing. Recent updates include fresh paint and updated flooring, helping reduce upfront expenses. The flexible commercial space is ideal for retail, office, salon, or service-based businesses, while the residential units provide immediate and future rental income opportunities. Complete with off-street parking and a convenient location near downtown Cedar Rapids, this property offers excellent potential for investors and owner-occupants alike.
MORTGAGE CALCULATOR

Features

  • Age: Over 50 Years Old
  • Legal Description: As per abstract
  • MLSID: 2604289
  • Roof Type: Membrane
  • Roof Type: Shingle
  • Rooms: Basement

MAP & DIRECTIONS

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1569 First ave SE, Cedar Rapids, IA 52402
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