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714 1st Street SW Cedar Rapids, IA 52404 • Commercial - Business • Active

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Description

A rare chance to secure a versatile property in one of the city's most dynamic and fastest-growing districts. With immediate interstate visibility, the site is ideal for businesses seeking strong traffic counts and brand exposure. The current configuration includes a commercial shop space with overhead doors and lifts, a retail/office area, and a large 1-bedroom apartment. A detached garage and additional lot provide rare flexibility for future expansion, redevelopment, or added parking. Endless possibilities for investors, owner-operators, or developers looking to capitalize on a rapidly growing district.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1995

General Information

County: Linn
Listed By:
SKOGMAN REALTY 319-366-6427 Rachael Ray
Cedar Rapids MLS
$899,500
Est. $5,713/mo
New to the Market Active
SQUARE FEET3,840 MLS#2601340
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY

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Agent Name: Melissa Streeter
 Agent Phone: (563) 271-5624
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

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714 1st Street Sw, Cedar Rapids, IA 52404.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $899,500$899,500$899,500
Down Payment $179,900$31,483$224,875
Monthly Mortgage Amount $4,199$5,225$5,379
Taxes $1252$1252$1252
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$539$0
Monthly Estimated Total $5,713$7,278$6,893

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 03/03/2026. The listing information on this page last changed on 03/03/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Tue 03/03/2026 6:29:25 PM EST) or MRED MLS (last updated Tue 03/03/2026 6:22:10 PM EST) or SCWMLS (last updated Tue 03/03/2026 6:27:22 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 03/03/2026 6:04:00 PM EST) or Cedar Rapids MLS (last updated Tue 03/03/2026 6:24:20 PM EST) or NEIRBR MLS (last updated Tue 03/03/2026 6:28:52 PM EST) or ICAAR MLS (last updated Tue 03/03/2026 6:27:52 PM EST) or ECIMLS (last updated Tue 03/03/2026 6:24:30 PM EST) or RMLSA (last updated Tue 03/03/2026 6:20:59 PM EST) or Muscatine MLS (last updated Tue 03/03/2026 6:15:29 PM EST) or No Coast MLS (last updated Tue 03/03/2026 6:24:21 PM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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