https://www.ruhlmortgage.com/LawrenceDavis.html
Refine Search

1690 Dows Street Ely, IA 52227 • Commercial - Business • Pending

Save Map
Get In Touch
Pending
  • 1690 Dows Street, Ely, IA 52227 Main Photo

46 Total Photos [Click to View All]

Description

Prime mixed-use investment on Main Street in charming Ely, IA. This versatile property offers multiple income streams with commercial space at street level and 4 residential rental opportunities (1 down, 3 above). Excellent visibility and foot traffic support a variety of business uses, while residential units benefit from strong local demand. Ideal for investors or owner-occupants seeking steady cash flow and long-term appreciation. Located just minutes from Cedar Rapids and Iowa City, combining small-town appeal with convenient access to major markets. A rare opportunity to add a flexible, income-producing asset to your portfolio. Listing includes vacant lot next to building. Plans available upon requests for future build-out of additional rental units.

Property Highlights

Property Type: Commercial - Business
Year Built: 1890

General Information

County: Linn
Listed By:
Edge Realty Group, Inc 319-351-3355 Jess Andersen
Cedar Rapids MLS
$449,000
Est. $2,852/mo
Pending
SQUARE FEET5,600 MLS#2600670
STATUSPending PROPERTY TYPECommercial - Business
TOUR PROPERTY

Get in Touch

agent picture

Shown By

Agent Name: Bob Kelly
 Agent Phone: (563) 650-2168
 Agency Title: Ruhl&Ruhl Realtors
 Agent Email:

IDX logo

Contact an agent to learn more about

1690 Dows Street, Ely, IA 52227.

Contact Form

Preferred Communication Method:

Mortgage Calculator

Call or Click to get Pre-Approved! 563-441-1862 toll free 866-441-1862

Customize Your Loan

Customize Your Rate

Loan Type 30 Year FixedFHA 30 Year Fixed15 Year Fixed
Purchase Price $449,000$449,000$449,000
Down Payment $89,800$15,715$112,250
Monthly Mortgage Amount $2,096$2,573$2,729
Taxes $625$625$625
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $0$197$0
Monthly Estimated Total $2,852$3,526$3,485

Customize Your Mortgage

About this area

Iowa/Ely
Ely

View Listings

Find homes for sale in Ely, Iowa and learn about the local community and real estate market.

With a growing population and a great location between two of Iowa’s biggest cities, Ely shows a lot of great promise. No matter your reason for moving, Ruhl&Ruhl Realtors has real estate options and homes for sale in Ely, IA. Continue browsing this page to see all houses for sale in Ely, IA. If you need to do a little more research before buying, check out the pages below for additional options.

 

Open houses in Ely, IA

Iowa City Realtors

Cedar Rapids Realtors

Ely, IA Website

 

Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776

About this community

Similar Listings For Sale Sold

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 03/13/2026. The listing information on this page last changed on 03/13/2026. 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 03/13/2026 5:50:44 AM EST) or MRED MLS (last updated Fri 03/13/2026 2:04:04 AM EST) or SCWMLS (last updated Thu 03/12/2026 11:54:51 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Thu 03/12/2026 10:15:45 PM EST) or Cedar Rapids MLS (last updated Thu 03/12/2026 10:45:33 PM EST) or NEIRBR MLS (last updated Fri 03/13/2026 1:18:50 AM EST) or ICAAR MLS (last updated Thu 03/12/2026 11:37:40 PM EST) or ECIMLS (last updated Thu 03/12/2026 11:44:19 PM EST) or RMLSA (last updated Fri 03/13/2026 1:11:03 AM EST) or Muscatine MLS (last updated Fri 03/13/2026 2:00:25 AM EST) or No Coast MLS (last updated Fri 03/13/2026 12:44:28 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.
Privacy Policy / DMCA Notice / ADA Accessibility
Federal Housing Equal Opportunity Realtor
This site is hosted, designed and copyright © 1994 - 2026 by Delta Media Group, Inc. -- Patent Pending --
  


Agent License Information: Licensed in IL & IA

Login to My Homefinder

Forgot Password

Register

Pixel