Presented by: Pinnacle Realty LLC
Property Description
Prime location on 1st Avenue, this property is just minutes away from the heart of downtown, McGrath Amphitheater, hockey arena, baseball stadium, and the soon-to-be-opened casino and entertainment center. This offering includes the building along with all furniture, fixtures, and equipment, making it a turnkey opportunity. This was home to a beloved bar and restaurant for many years, and this property is now ready to welcome a new owner. An added bonus is the apartment located upstairs, which provides additional rental income. Plus, there is a basement space perfect for extra storage. Some items taken care of recently: replaced siding & entrance doors, repaving the parking lot, hvac. A new roof just went on the building.
Interior Features
Bathrooms
Total Baths0
Other Interior Features
Air Conditioning Y/NYes
Basement (Y/N)Yes
Heating Y/NYes
General
Building FeaturesKitchen Facilities, Multi-Tenant, Private Restrooms
Business TypeRestaurant
CityCedar Rapids
Construction MaterialsBlock, Concrete
CoolingCentral Air, Wall/Window Unit(s)
CountyLinn
DirectionsOn 1st Ave NW
Electric220 Volts
HeatingGas
Lease Considered Y/NNo
Legal Descriptionas per abstract
Lot Size UnitsAcres
MLS AreaNW Quadrant
ModificationTimestamp2026-04-14T19:20:21.957-00:00
OwnerPaysInsurance, Taxes
PostalCityCedar Rapids
Property Sub Type AdditionalSpecial Purpose
Property SubtypeSpecial Purpose
Property TypeCommercial Sale
RoofAsphalt, Membrane, Shingle
Security FeaturesSecurity System, Security Lights
SewerPublic Sewer
Standard StatusActive
StatusActive
Tax Annual Amount$4,316
Tenant PaysElectricity, Heat, Water
UtilitiesElectricity Available, Natural Gas Available
Year Built1953
ZoningCom
Zoning DescriptionCom
Exterior
InclusionsBuilding, Land
Lot Dimensions.161
Lot Size Acres0.161
Lot Size Area0 sqft
Parking FeaturesOff Street
Water SourcePublic
Additional Details
Price History
Schools
High School
Hubert H Humphrey Middle School
Middle School
N/A
Elementary School
Big Hollow Elementary School
