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901 Oakland Road NE Cedar Rapids, IA 52402 • Commercial - Business • Active

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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.

Property Highlights

Property Type: Commercial - Business
Building Description: 2.0 stories
Year Built: 1913

General Information

County: Linn
Listed By:
RE/MAX CONCEPTS Chad Gloede 319-395-0101
Cedar Rapids MLS
$335,000
Est. $2,327/mo
New to the Market Active
SQUARE FEET5,524 MLS#2606493
STATUSActive PROPERTY TYPECommercial - Business
TOUR PROPERTY

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Agent Name: Regen Johnson
 Agent Phone: (563) 650-8191
 Agency Title: Ruhl&Ruhl Realtors
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901 Oakland Road Ne, Cedar Rapids, IA 52402.

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Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $335,000$335,000$335,000
Down Payment $67,000$11,725$83,750
Monthly Mortgage Amount $1,761$2,133$2,137
Taxes $466$466$466
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$147$0
Monthly Estimated Total $2,327$2,846$2,703

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Disclaimer: All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided 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 on this site was last updated 09/18/2026. The listing information on this page last changed on 09/18/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Fri 09/18/2026 12:37:37 AM EST) or MRED MLS (last updated Fri 09/18/2026 12:33:06 AM EST) or SCWMLS (last updated Thu 09/17/2026 11:55:21 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 09/17/2026 10:15:29 PM EST) or Cedar Rapids MLS (last updated Thu 09/17/2026 10:44:21 PM EST) or NEIRBR MLS (last updated Fri 09/18/2026 12:28:49 AM EST) or ICAAR MLS (last updated Thu 09/17/2026 11:37:39 PM EST) or ECIMLS (last updated Thu 09/17/2026 11:44:40 PM EST) or RMLSA (last updated Fri 09/18/2026 12:31:04 AM EST) or Muscatine MLS (last updated Fri 09/18/2026 12:30:17 AM EST) or No Coast MLS (last updated Fri 09/18/2026 12:34:29 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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