# 1569 First ave SE, Cedar Rapids, IA 52402

> **TL;DR:** commercial, $249,900 ($94/sqft), built 1905, 2,666 sqft.
> A/C. Est. $1,083/mo. Listed 9 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $249,900 |
| Price/sqft | $94 |
| Square Feet | 2,666 |
| Year Built | 1905 |
| Lot Size | 5,619 sqft (0.13 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 9 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $1,083 |
| **Total** | **$1,083** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1905
- 0.13 acre lot

## Description

### Agent Description
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.

## Location

- **Address:** 1569 First ave SE, Cedar Rapids, IA 52402
- **County:** Linn

## Virtual Tour & Media

- **Video Tour:** https://www.propertypanorama.com/instaview/cdr/2604289

## Listing Agent

- **Name:** Tina Wing
- **Brokerage:** Pinnacle Realty LLC
- **Phone:** (319) 350-9476
- **Email:** tinawingrealtor@gmail.com

## Primary Photo

![1569 First ave SE - Primary Photo](http://lh.rdcpix.com/87a7f5840037af87d338722e3990bf64l-f1251529232r.jpg)

*36 total photos available on [listing page](https://www.propertysimple.com/listing/1569-first-ave-se-cedar-rapids-ia-52402-2604289)*

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**MLS#:** 2604289 | **Updated:** 2026-06-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/1569-first-ave-se-cedar-rapids-ia-52402-2604289)

---

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