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Restaurant Space with Dedicated Patio
For Lease
Contact for pricing

110 & 112 2nd Street SE, Cedar Rapids, IA 52401

Former restaurant with dining, kitchen with hood, basement storage, and a dedicated patio for outdoor seating.

Space SizeContact for details
Days on Market63

Property Features for 110 & 112 2nd Street SE

General Information

Standard status Active
Property subtype Com Lease
Zoning UDC
Lease Type Modified Gross

Additional Details

Commercial Hood Yes

Taxes and HOA fees

Annual Taxes $5,978

Amenities

Wood
Yes
2
Public
0.058
.058 Ac

Building Details

Year Built 1910
Stories 2
Tenancy Single
Listing Agency: GLD COMMERCIAL
Listed By: Ryan Eighme
Source: Pinnaclerealtyia
Added: Jun 15 Changed: Aug 16 Last Checked: Aug 16 at 3:20AM

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.

This former El Dorado restaurant is available for lease and includes a complete foodservice layout. The first floor offers 2,300 SF of dining/seating area and a kitchen with the hood included. A full basement level adds another 2,300 SF, configured for storage, a manager’s office, and coolers.

The property also features a dedicated patio located on 2nd Street SE, providing space for outdoor use in support of a restaurant operation. The space is offered on a Modified Gross basis.

Under the advertised lease structure, the tenant pays $5,000 per month plus their own utilities. The existing kitchen, storage, and cooler configuration make the space well-suited for an operator looking for an in-place restaurant environment rather than starting from a blank buildout.

Key Highlights

  • Former El Dorado restaurant with 2,300 SF dining/seating area and kitchen (hood included) on the first floor
  • Basement offers another 2,300 SF for storage plus a managers office and coolers
  • Dedicated patio on 2nd St SE for outdoor seating

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

Single-tenant
Tenancy
Yes
Commercial hood
Modified Gross
Lease Type

Location Intelligence

Trade Area within ½ mile

3,039
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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Former restaurant with dining, kitchen with hood, basement storage, and a dedicated patio for outdoor seating.
Where is this conventional restaurant located?
The property is located at 110 & 112 2nd Street SE Cedar Rapids, IA.
What are key features of this property?
This property features: Former El Dorado restaurant with 2,300 SF dining/seating area and kitchen (hood included) on the first floor; Basement offers another 2,300 SF for storage plus a managers office and coolers; Dedicated patio on 2nd St SE for outdoor seating
More about this property
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