901 Oakland RD NE, Cedar Rapids, IA 52402
901 Oakland RD NE, Cedar Rapids, IA 52402
901 Oakland RD NE, Cedar Rapids, IA 52402
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PRK Williams Realty

PRK Williams Realty

+1(319) 360-7139
$335,000
Est. payment /mo
5,524 SqFt
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Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

Square Footage 5,524 sqft

Price per Sqft $60

MLS Listing ID 2606493

HOA Y/N No

Total Fin. Sqft 5524

Year Built 1913

Annual Tax Amount $5,299

Lot Size 0.380 Acres

Acres 0.38

Property Sub-Type Business

Property Description

Excellent multi use commercial investment opportunity with strong income potential and major improvements already completed. Main level shop space is currently leased through 2029 providing stable long term income. Property also includes an updated 2 bedroom apartment upstairs that is currently rented, along with additional storage space in the rear half shop and apartment area. A huge clean basement offers outstanding potential for additional storage, workspace, or future value add opportunities. Extensive updates include a new parking lot in 2025, updated siding, all new electrical throughout, new furnace for the main level shop in 2025, updated storefront improvements including repainting and awning renovation, new stoop, planter removal, new front door and display window frame, plus multiple updated bathrooms. Water heaters replaced in 2013 and 2019. Excellent opportunity for investors seeking a value add opportunity with existing tenants and future upside potential.

Location

State IA

County Linn

Area Ne Quadrant

Zoning Tmixed

Interior

Interior Features Storage

Heating Central, Gas

Cooling Central Air

Inclusions Building, Land

Fireplace No

Window Features Display Window(s)

Exterior

Parking Features Off Street

Fence Fenced

Utilities Available Electricity Available, Natural Gas Available

Water Access Desc Public

Roof Type Membrane

Building

Building Description Frame, Kitchen Facilities,Loading Dock,Multi-Tenant,Private Restrooms,Pole Sign

Story 2

Entry Level Two

Sewer Public Sewer

Water Public

Level or Stories Two

Structure Type Frame

Others

Tax ID 141640402000000

Security Features Security Lights

Acceptable Financing Cash, Contract

Listing Terms Cash, Contract

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PRK Williams Realty

PRK Williams Realty

+1(319) 360-7139

Broker License ID: F0664000

Broker License ID: F0664000

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