Commons on 1st

Strategically positioned near Coe College on 1st Avenue, making it ideal for retail, office, or restaurant use.1420 1st Ave is a mixed-use investment opportunity located in the heart of the College District in Cedar Rapids, Iowa. Built in 2018, this Class A investment property consists of 18 market-rate residential apartment units and 8,444 SF of ground level commercial space. For more information about 1420 1st Ave NE or to set up a showing, contact listing agent only. Confidentiality Agreement required to review the Offering Memorandum.Suite 102: High-traffic retail space available in a prime location with excellent visibility. This space offers flexibility, with 2,500 SF currently available and the potential to accommodate up to 5,000 SF for larger tenants. Above the retail space, 18 residential units provide a built-in customer base and contribute to the property's mixed-use appeal. This combination of commercial and residential elements creates a vibrant, integrated environment that can benefit businesses by providing a steady stream of potential customers. Co-tenants include popular brands like Jimmy John's and Scooter's Coffee, with neighboring establishments such as Starbucks, Wendy's, and Arby's. The area boasts a substantial daily traffic count of nearly 18,000 vehicles, ensuring high visibility and a constant flow of potential customers.