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821 3rd Avenue SE

Cedar Rapids, IA 52403
  • $350,000
  • STATUS: Active
  • ON SITE: 142 Days
  • MLS #: 2407884
UPDATED: 63 min ago
$350,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,891
    SQFT
  • $59
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1870
County:
Area:

School Ratings & Info

Description

This property presents endless opportunities! Formerly a thriving restaurant, it is now poised for new ownership and a fresh business venture. Strategically located in a central hub between downtown, Newbo, and both hospitals, ensuring maximum visibility. A functional commercial elevator facilitates the transportation of large items between floors. Recently installed steel roof and meticulously maintained brick exterior. The main level is designed for guest entertainment, boasting a full-service kitchen, bar, multiple dining areas, and restrooms. Exquisite light fixtures and an abundance of character permeate throughout. Multiple entrances at the front and rear enable simultaneous operations. The lower level primarily serves as storage space, with ample room. Included in the sale are the furnishings and appliances. The upper two levels provide living areas, complete with a full kitchen, dining space, bar, bedrooms, bathrooms, and distinctive loft beds. This is an opportunity not to be missed! Selling AS IS

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© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-05-18T20:42:48.313.
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821 3rd Avenue SE Cedar Rapids, IA 52403

  • Price: $350,000
  • Status: Active
  • On Site: 142 Days
  • Updated: 63 min ago
  • MLS #: 2407884
0
Beds
0
Baths
0
½ Baths
0.19
Acres
5,891
SQFT
$59
$/SQFT
1870
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Property Description
This property presents endless opportunities! Formerly a thriving restaurant, it is now poised for new ownership and a fresh business venture. Strategically located in a central hub between downtown, Newbo, and both hospitals, ensuring maximum visibility. A functional commercial elevator facilitates the transportation of large items between floors. Recently installed steel roof and meticulously maintained brick exterior. The main level is designed for guest entertainment, boasting a full-service kitchen, bar, multiple dining areas, and restrooms. Exquisite light fixtures and an abundance of character permeate throughout. Multiple entrances at the front and rear enable simultaneous operations. The lower level primarily serves as storage space, with ample room. Included in the sale are the furnishings and appliances. The upper two levels provide living areas, complete with a full kitchen, dining space, bar, bedrooms, bathrooms, and distinctive loft beds. This is an opportunity not to be missed! Selling AS IS
Exterior Features

Construction Materials Frame Parking Features Off Street Roof Metal

Interior Features

Basement YN Yes Cooling Central Air Wall / Window Unit(s) Cooling YN Yes Flooring Carpet Concrete Wood Heating Central Heating YN Yes Interior Features Storage Levels Two Window Features Display Window(s)

Property Features

Building Features Elevator(s) Kitchen Facilities Private Restrooms Pole Sign Single- Tenant Business Type Restaurant Electric 220 Volts Inclusions Building Business Land Lease Considered YN No Listing Terms Cash Other Owner Pays Common Area Maintenance Electricity Gas Heat Insurance Janitorial Service Taxes Trash Collection Water Possession Immediately Property Sub Type Business Property Sub Type Additional Business Security Features Security System Security Lights Sewer Public Sewer Tax Annual Amount 8798 Utilities Natural Gas Available Water Source Public Zoning Comm / Res Zoning Description Comm / Res

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Ashley Letsch of Pinnacle Realty LLC: 319-393-0900.
© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively 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 is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-05-18T20:42:48.313.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411