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821 3rd Avenue SE

Cedar Rapids, IA 52403
  • $385,000
  • STATUS: Active
  • ON SITE: 47 Days
  • MLS #: 2407884
$385,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 5,891
    SQFT
  • $65
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1870
County:
Area:

School Ratings & Info

Description

The ideas are limitless with this property! What was once a successful restaurant, is ready for new owners with new business. Prime location Centralized between downtown, Newbo and both hospitals for maximum exposure. Commercial elevator still works for moving large items between floors. Newly installed steel roof. Well maintained brick exterior. Main level is for entertaining guests, with full service kitchen and bar, multiple eating areas and bathrooms. Gorgeous light fixtures and tons of character throughout! Multiple entrances at front and rear of the building, allowing different operations at once. LL is mainly storage space, and lots of it. Furniture and appliances inside will stay with the sale. Upper 2 levels are all living area, with full kitchen, dining, bar, bedrooms, bathrooms and unique loft beds. Very well insulated! You don't want to miss this one! Selling AS-IS. Up to 48 hour for response for all offers.

Monthly Payment Calculator

© 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: 2025-02-11T23:42:48.8.
www.realtybrotherscr.com/homes/159032798
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821 3rd Avenue SE Cedar Rapids, IA 52403

  • Price: $385,000
  • Status: Active
  • On Site: 47 Days
  • MLS #: 2407884
0
Beds
0
Baths
0
½ Baths
0.19
Acres
5,891
SQFT
$65
$/SQFT
1870
Built
Neighborhood:
SE Quadrant
County:
Linn
Area:
SE Quadrant
Property Description
The ideas are limitless with this property! What was once a successful restaurant, is ready for new owners with new business. Prime location Centralized between downtown, Newbo and both hospitals for maximum exposure. Commercial elevator still works for moving large items between floors. Newly installed steel roof. Well maintained brick exterior. Main level is for entertaining guests, with full service kitchen and bar, multiple eating areas and bathrooms. Gorgeous light fixtures and tons of character throughout! Multiple entrances at front and rear of the building, allowing different operations at once. LL is mainly storage space, and lots of it. Furniture and appliances inside will stay with the sale. Upper 2 levels are all living area, with full kitchen, dining, bar, bedrooms, bathrooms and unique loft beds. Very well insulated! You don't want to miss this one! Selling AS-IS. Up to 48 hour for response for all offers.
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 9352 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: 2025-02-11T23:42:48.8.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411