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Presenting a high-quality investment property at 294-298 Blairs Ferry Rd NE in Cedar Rapids, IA. This multi-tenant asset is anchored by UnityPoint Health, operating both a hospice office and a durable medical equipment retail center. Additional tenants include the University of Dubuque's remote learning facility and Salon Suites, a popular retail cosmetology concept. These diverse, stable tenants provide steady cash flow across healthcare, education, and personal services sectors. Strategically located in a high-traffic corridor with excellent visibility and access, this well-maintained property offers long-term income potential and minimal management intensity"”ideal for investors seeking secure returns in a growing market.
| DAYS ON MARKET | 144 | LAST UPDATED | 7/23/2025 |
|---|---|---|---|
| YEAR BUILT | 1980 | COMMUNITY | OutOfArea |
| COUNTY | Linn | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| PRICE HISTORY | |
| Prior to Jul 15, '25 | $6,070,776 |
|---|---|
| Jul 15, '25 - Today | $5,691,202 |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | OutOfArea |
| CONSTRUCTION | Block |
| HEAT | Central |
| LOT | 2.6 acre(s) |
| TAXES | 115962 |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Phone Available |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Adam Gibbs, GLD Commercial Real Estate Advisors
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