3939 1st Avenue SE Cedar Rapids, IA 52402
COMMERCIAL - Cedar Rapids, IA
Type:Retail
Property size:
7,329 SFLot size:
1.62 AcresPrice / SF:
$245/SF- Added:
- Nov 17, 2025
- Days on Market:
- 159
- Last Refresh:
- Apr 25 at 10:06 pm
Property Features for 3939 1st Avenue SE
General Information
- Property type
- Commercial Sale
- Property subtype
- Retail
- Zoning
- SMC
- Rooms
- Basement
- Standard status
- Active
- APN
- 141120400700000
- Size
- 7,329 SF
- Lot size
- 1.62 Acres
Taxes and HOA fees
- Tax Description
- Per Abstract
- Tax Annual Amount
- 46204
Building Details
- Year built
- 1984
- Flooring type
- Wood
- Building materials
- Frame
- Roof type
- Membrane, Metal
Listing agent Kevin Heinbuch (319) 892-3344
Listing office PRK Williams Realty 139 40th St NE, Cedar Rapids, IA (319) 892-3344
Listing date Nov 17, 2025
MLS# 2509383
Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Overview
Prime Commercial Space, Cedar Rapids
This 7,329 SF commercial space is situated on a 1.62-acre lot. The property benefits from high visibility, featuring 139 feet of frontage on 1st Avenue, with an average daily traffic count of 22,729 vehicles. Formerly an Outback Steakhouse, the property is currently equipped as a restaurant, including kitchen and bar infrastructure. It is adaptable for retail or showroom use. The property is located at a lighted intersection with a bus stop, approximately one mile from Cedar Rapids' largest employer and 3.7 miles from downtown Cedar Rapids. It is near Lindale Mall and other shopping centers. The site includes 118 parking spaces and pylon signage. The surrounding 15-mile trade area includes 164,634 residents, 68,802 households, and an employee population of 88,486, with an average income of $107,096. The property is zoned SMC and is suitable for conventional restaurants, retail space, and other commercial uses.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Cedar Rapids
- County
- Linn
- State
- Iowa
- Longitude
- -91.6321118
- Latitude
- 42.0189766
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - 7,329 SF commercial space on 1.62 acres.
Where is this conventional restaurant located?
The property is located at 3939 1st Avenue SE Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $1,800,000.
What are key features of this property?
This property features: High‑visibility location with 139 feet of frontage and 22,729 average daily vehicle traffic.; Turnkey restaurant opportunity with existing kitchen and bar infrastructure.; Large parking lot with 118 spaces and pylon signage.
