1056 5th Avenue SECedar Rapids, IA 52403

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

1056 5th Avenue SE Overview

Time on Site:
27 days
Visits:
28

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.

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1056 5th Avenue SE Facts & Features

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

Details

General

Building Information

  • Year Built: 1950

Location/Region

  • County Or Parish: Linn
  • MLS Area Major: SE Quadrant
  • Postal City: Cedar Rapids

Rent/Lease Information

  • Lease Considered: false

Tax Information

  • Tax Annual Amount: 3798.0

General Information

  • Inclusions: Building,Land
  • Listing Terms: Cash,Other
  • Parcel Number: 14223-33001-00000; 14223-33002-00000
  • Property Sub Type: Office
  • Property Type: Commercial Sale
  • Zoning: UVG

Interior

Beds/Baths

  • Bathrooms Total: 0

General Information

  • Basement: true
  • Building Features: Multi-Tenant,Private Restrooms
  • Levels: Two
  • Living Area: 3450.0
  • Stories: 2
  • Stories Total: 2
  • Window Features: Display Window(s)

Exterior

Parking Information

  • Parking Features: Off Street

Lot Information

  • Lot Size Dimensions: .08 Ac
  • Lot Size Units: Acres
  • Water Source: Public

Building Exterior/Construction

  • Construction Materials: Frame

General Information

  • Sewer: Public Sewer
  • Utilities: Electricity Available

1056 5th Avenue 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 Avenue SE Monthly Cost

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* 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 Avenue 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 Avenue SE History

Date Event Value Agent
6/2/2026Source: Cedar Rapids Area MLS Added to Database
June 02, 2026
Listing provided courtesy of GLD COMMERCIAL- MLS# 2603892MLS Provider