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1420 1st Avenue NE

Cedar Rapids, IA 52402
  • $4,999,900
  • STATUS: Active
  • ON SITE: 33 Days
  • MLS #: 2503540
UPDATED: 86 min ago
$4,999,900
  • 0
    BEDS
  • 0.87
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 28,270
    SQFT
  • $177
    $/SQFT
Neighborhood:
NE Quadrant
Type:
Commercial
Built:
2018
County:
Linn
Area:
NE Quadrant

School Ratings & Info

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Description

1420 1st Ave is a mixed-use investment opportunity located in the heart of the College District in Cedar Rapids, Iowa. Built in 2018, this Class A investment property consists of 18 market-rate residential apartment units and 8,444 SF of ground level commercial space. For more information about 1420 1st Ave NE or to set up a showing, contact listing agent only. Confidentiality Agreement required to review the Offering Memorandum.

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© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-06-18T12:42:41.69.
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1420 1st Avenue NE Cedar Rapids, IA 52402

  • Price: $4,999,900
  • Status: Active
  • On Site: 33 Days
  • Updated: 86 min ago
  • MLS #: 2503540
0
Beds
0
Baths
0
½ Baths
0.87
Acres
28,270
SQFT
$177
$/SQFT
2018
Built
Neighborhood:
NE Quadrant
County:
Linn
Area:
NE Quadrant
Property Description
1420 1st Ave is a mixed-use investment opportunity located in the heart of the College District in Cedar Rapids, Iowa. Built in 2018, this Class A investment property consists of 18 market-rate residential apartment units and 8,444 SF of ground level commercial space. For more information about 1420 1st Ave NE or to set up a showing, contact listing agent only. Confidentiality Agreement required to review the Offering Memorandum.
Exterior Features

Construction Materials Frame Parking Features Off Street Roof Membrane

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Gas Heating YN Yes Levels Three Or More

Property Features

Association YN No Building Features Multi- Tenant Private Restrooms Business Name Commons on 1st Electric 220 Volts440 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash Contract Possession Closing Property Sub Type Office Property Sub Type Additional Office Retail Investment Sewer Public Sewer Tax Annual Amount 90862 Utilities Electricity Available Natural Gas Available Water Source Public Zoning UNG Zoning Description UNG

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Addie Eichhorn of GLD COMMERCIAL: 319-731-3400.
© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-06-18T12:42:41.69.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411