Sale Price $6,070,776 - MLS: 202504485
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.
MLS #: 202504485
Sale Price: $6,070,776
Year Built: 1980
Sq Ft: 31980.0
Business: Office Building, Retail
Construction: Block
Floor Type: Carpet
Financing:
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water
Acreage: 2.6
Lot:
Frontage: County Road, Paved
Energy Generation:
Heat/Cooling: Central, Central Air
Information deemed reliable but not guaranteed
![]() | Edge Realty Group 319-351-3355 |
Listing Office: GLD Commercial Real Estate Advisors - Agent: Adam Gibbs - Information furnished by Iowa City Area Association of Realtors