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Downtown Restaurant with Patio
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110-112 2nd St SE, Cedar Rapids, IA 52401

Restaurant space includes main dining and kitchen plus basement storage and manager office, with a dedicated outdoor patio.

Space Size4,600 SF
Days on Market50

Property Features for 110-112 2nd St SE

General Information

Standard status Active
Size 4,600 SF
Property subtype RETAIL
Lease Type Modified Gross

Spaces For Lease

at 110-112 2nd St SE Contact us

Downtown Restaurant Space for Lease $13.04/SF/Yr

Floor
1
Size
4,600 SF
Type
RETAIL
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
Former El Dorado restaurant. The first floor consists of 2,300 SF of dining/seating...
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Listing Agency: GLD Commercial
Listed By: Adam Gibbs · License #B43857000
Source: Moodyscre
Added: Jun 24 Changed: Aug 8 Last Checked: Aug 11 at 11:41AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of GLD Commercial

Investment Insights

Based on property information with market context.

Former El Dorado restaurant offering a restaurant setup with an included kitchen hood on the first floor. The main level includes 2,300 SF of dining/seating area and kitchen, and the basement provides an additional 2,300 SF for storage along with a manager’s office and coolers.

The property includes a dedicated patio on 2nd St SE, supporting outdoor guest seating. The lease is advertised as Modified Gross, with the tenant paying $5,000 per month plus their own utilities.

Overall, the space is configured for full-service restaurant operations with dedicated kitchen equipment and substantial storage and back-of-house support in the basement.

Key Highlights

  • Former El Dorado restaurant with main floor dining/seating and kitchen totaling 2,300 SF
  • Additional 2,300 SF basement for storage, manager’s office, and coolers
  • Dedicated patio on 2nd St SE

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Auto Parts Store Storage Facility Grocery & Convenience Store Big Box & Wholesale Store Barber Shop Locksmith

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

3,465
Businesses Nearby
Balanced
Demand for This Use

Demographics for 52401, IA

2,320
Population
1,480
Households
1.6
Avg Household Size
35
Median Age
35%
College-Educated
89%
High-School Grad
1.2 sq mi
ZIP Area
1,933
Density / Sq Mi
$40,675
Median Household Income
$38,635
Median Earnings
$783
Median Rent
$143,800
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant space includes main dining and kitchen plus basement storage and manager office, with a dedicated outdoor patio.
Where is this conventional restaurant located?
The property is located at 110-112 2nd St SE Cedar Rapids, IA.
What is the lease rate?
The lease rate is $13.04 SF/Yr.
What are key features of this property?
This property features: Former El Dorado restaurant with main floor dining/seating and kitchen totaling 2,300 SF; Additional 2,300 SF basement for storage, manager’s office, and coolers; Dedicated patio on 2nd St SE
(319) 731-3415 Call to check price and availability
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