Properties

PROPERTY DETAILS
Property Description :

Investors, take note! This well-maintained property on 1st Ave presents an excellent opportunity. The main level features a versatile commercial space, previously used as a beauty salon, ideal for a variety of business ventures. The upper level offers two beautifully remodeled one-bedroom apartments, with a private entrance for added convenience and privacy.

The building is equipped with three newer furnaces and three newer central air units, all individually metered. Tenants are responsible for gas and electric, while the owner covers water and garbage.

Fully leased and generating income, this property is a turnkey investment. Schedule your private showing today!

Property Type : Commercial Sale
Listing ID : 2503851
Listing Type : For Sale
Price : $284,900
Year Built : 1956
Lot Area : 0.15 Acre
Building Area Total : 1904
Lease Amount Unit : Dollars Per Square Foot
Property Type : Office
Area : NE Quadrant
Listing Status : Active
Property Sub Type : Office
Roof : Asphalt, Shingle
Property Subtype : Office
Property Description

Investors, take note! This well-maintained property on 1st Ave presents an excellent opportunity. The main level features a versatile commercial space, previously used as a beauty salon, ideal for a variety of business ventures. The upper level offers two beautifully remodeled one-bedroom apartments, with a private entrance for added convenience and privacy.

The building is equipped with three newer furnaces and three newer central air units, all individually metered. Tenants are responsible for gas and electric, while the owner covers water and garbage.

Fully leased and generating income, this property is a turnkey investment. Schedule your private showing today!

Features
: Wood , See Remarks
: Storage
: Public Sewer
: Electricity Available , Natural Gas Available
Address Map
US
IA
Linn
Cedar Rapids
52402
1ST
3902
Avenue
Corner of 1st Ave & Kenmore St
NE Quadrant
NE
Commerci
More Information
SKOGMAN REALTY
Laura Merchan
$0
$0
$0
Additional Information
: Frame
220 Volts
: Two
irr
2025-05-28
2
2
https://www.propertypanorama.com/instaview/cdr/2503851
: Public
Financial
3584.0
Listing Information
MERCHANLAURA121
CSKN
Cash, Other
Active
2025-05-28T20:00:21Z
CDR
2025-05-28T13:20:02Z

3902 1st Avenue Ne, Cedar Rapids, Iowa 52402

3902 1st Avenue Ne, Cedar Rapids, Iowa 52402

  • Lot Area: 0.15 Acre
List Price: $284,900.00
Listing ID#2503851
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Q4 Agents

JASON ROGERS

Broker

1950 Boyson Road Hiawatha, Iowa 52233

Contact Jason Rogers:

319-361-3958 jrogers@Q4realestate.com

CRAIG BYERS

Realtor, CCIM

1950 Boyson Road Hiawatha, Iowa 52233

Contact Craig Byers:

319-360-7017 cbyers@Q4realestate.com

AUSTIN GEASLAND

Realtor

1950 Boyson Road Hiawatha, Iowa 52233

Contact Austin Geasland:

319-893-3279 ageasland@Q4realestate.com

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