1056 5th Ave SECedar Rapids, IA 52403

Commercial · 3,450 Sq. ft. | 0.08 Acres
$354,999 Active

1056 5th Ave SE Overview

Time on Site:
27 days
Visits:
46

Located next to the MedQuarter in Cedar Rapids. This building is a two (2) story mixed use building with 1,725 SF of retail space on the main floor and two recently renovated (2) two bedroom apartments on the 2nd level. Perfect for an owner-user or an entrepreneurial investor. This sale comes with parcel 14223-33002-0000, which is the parking lot immediately behind this building. The main floor was most recently built out for a salon and has the infrastructure in place but the FF&E has been removed. Please call listing agent for details and showings.

Love this property?
Create a profile so you can receive updates on this property as soon as they happen!
View Map

1056 5th Ave SE Facts & Features

  • Type Commercial
  • Sq. ft. 3,450
  • Price/Sq.ft. $103
  • Lot 0.08 Acres

Details

General

Building Information

  • Year Built: 1950

Business Information

  • Business Name: Office Building,Retail Store,Live/Work

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: Out Of Area

Tax Information

  • Tax Year: 2024

General Information

  • Inclusions: Building & Land
  • Property Sub Type: Commercial
  • Property Type: COMMERCIAL
  • Zoning: Urban Village General

Interior

Building Interior

  • Building Area Total: 3450

General Information

  • Cooling: Central A/C
  • Flooring: Carpet,Other
  • Heating: Central
  • Interior Features: Display Window,Other

Exterior

Lot Information

  • Lot Size Area: .5-1 Acre
  • Lot Size Dimensions: 0

Building Exterior/Construction

  • Roof: Other

General Information

  • Road Frontage Type: County/City Road,Pavement
  • Utilities: Electricity,Sewer,Water-City

1056 5th Ave SE Neighborhood

Community

52403 (Cedar Rapids) Demographics

42
Median Age
893
Population Density (per sq. mile)
53%
College Educated
$65,759
Estimated Median Income
7,358
Estimated Total Home Owners
2,414
Estimated Total Renters
75% / 25%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

Schools

School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.

1056 5th Ave SE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

1056 5th Ave SE Market Data

Based on the last 30 days in this zip code

$287,357
Average List Price
$144
Average Price per Square Foot
55
Properties Sold
85
Average Days on Market
120
Properties for Sale
Calculations provided by Reliance Network

1056 5th Ave SE History

Date Event Value Agent
6/8/2026Source: Iowa City MLS Status Change
Active
6/2/2026Source: Iowa City MLS Added to Database
June 02, 2026
Listing provided courtesy of GLD Commercial Real Estate Advisors- MLS# 202603539MLS Provider