Contact us: 563.441.1776
Description
Fully leased multi-tenant retail property located in a well-established NE Cedar Rapids commercial corridor. The property is occupied by four tenants: Mulligans, Inspirations Salon, Taste of India (Grocery), and Taste of India restaurant, providing a diversified mix of food, retail, and service uses. Strategically positioned with strong visibility and convenient access to major thoroughfares, the asset benefits from surrounding residential density and consistent consumer traffic. A stable, income-producing investment opportunity with diversified tenancy in a solid Cedar Rapids submarket.
Property Highlights
Property Type: Commercial - Business
Year Built: 2003
Lot Size: 1.35 acres
General Information
County: Linn
Listed By:
SKOGMAN REALTY COMMERCIAL
319-363-8286
Tiffany Earl Williams-WSG CRE
Cedar Rapids MLS
MLS ID: 2601115
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1060 Old Marion Road Ne, Cedar Rapids, IA 52402.
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| Loan Type | FHA 30 Year Fixed | VA 30 year fixed | 30 yr Jumbo |
| Purchase Price | $2,557,350 | $2,557,350 | $2,557,350 |
| Down Payment | $89,507 | $0 | $511,470 |
| Monthly Mortgage Amount | $15,257 | $15,873 | $12,431 |
| Taxes | $3559 | $3559 | $3559 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $1,534 | $0 | $0 |
| Monthly Estimated Total | $21,096 | $20,178 | $16,736 |
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 04/01/2026. The listing information on this page last changed on 04/01/2026. 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 Wed 04/01/2026 7:36:07 AM EST) or MRED MLS (last updated Wed 04/01/2026 7:20:17 AM EST) or SCWMLS (last updated Tue 03/31/2026 11:54:41 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Tue 03/31/2026 10:15:14 PM EST) or Cedar Rapids MLS (last updated Wed 04/01/2026 6:51:26 AM EST) or NEIRBR MLS (last updated Wed 04/01/2026 7:28:42 AM EST) or ICAAR MLS (last updated Tue 03/31/2026 11:37:31 PM EST) or ECIMLS (last updated Tue 03/31/2026 11:44:31 PM EST) or RMLSA (last updated Wed 04/01/2026 1:10:57 AM EST) or Muscatine MLS (last updated Wed 04/01/2026 2:00:22 AM EST) or No Coast MLS (last updated Wed 04/01/2026 7:04:02 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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