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Former Restaurant Space on 1st Avenue

3939 1st Ave Se, Cedar Rapids, IA 52402

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For Lease

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7,329 SF commercial space suitable for restaurant, retail, showroom.

Property size:

7,329 SF

Lot size:

1.62 Acres

HighLights

High‑visibility location with 139 feet of frontage on 1st Avenue and high daily traffic count (22,729 vehicles).
Large commercial space (7,329 SF) on a sizable lot (1.62 acres) with ample parking (118 spaces).
Equipped as a restaurant with existing kitchen and bar infrastructure, offering a turnkey opportunity for food‑service operators.
Located near a major retail hub (Lindale Mall) and Cedar Rapids' largest employer.
Strong demographics within a 15‑mile trade area: 164,634 residents, high average income ($107,096).
Adaptable space suitable for retail, showroom, or restaurant use.

We can help!

Listing Contact

Kevin Heinbuch

For Lease

Contact for pricing

7,329 SF commercial space suitable for restaurant, retail, showroom.

Property size:

7,329 SF

Lot size:

1.62 Acres

Added:: Nov 17, 2025
Days on Market:: 206
Last Refresh:: Jan 20 at 8:44 am

Property Features for 3939 1st Ave Se

General Information

Standard status: Active
Size: 7,329 SF
Lot size: 1.62 Acres

We can help!

Listing Contact

Kevin Heinbuch

Listing agent Kevin Heinbuch

Listing office PRK Williams Realty

Listing date Nov 17, 2025

Source Exprealty

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 PRK Williams Realty

HighLights

High‑visibility location with 139 feet of frontage on 1st Avenue and high daily traffic count (22,729 vehicles).
Large commercial space (7,329 SF) on a sizable lot (1.62 acres) with ample parking (118 spaces).
Equipped as a restaurant with existing kitchen and bar infrastructure, offering a turnkey opportunity for food‑service operators.
Located near a major retail hub (Lindale Mall) and Cedar Rapids' largest employer.
Strong demographics within a 15‑mile trade area: 164,634 residents, high average income ($107,096).
Adaptable space suitable for retail, showroom, or restaurant use.

Overview

This 7,329 square foot commercial space is situated on a 1.62-acre lot and features 139 feet of frontage on 1st Avenue. The location benefits from high visibility, with an average daily traffic count of 22,729 vehicles. Formerly an Outback Steakhouse, the property is equipped as a restaurant, including kitchen and bar infrastructure. The space is adaptable for retail or showroom use. Located at a lighted intersection with a bus stop, the property is one mile from Cedar Rapids' largest employer and 3.7 miles from downtown Cedar Rapids. It is located near Lindale Mall and other shopping centers. The property includes 118 parking spaces, pylon signage, and easy access. 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.

Property Profile Location Intelligence

Current Use by Public Records

Turn key restaurants

Suggested Use

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La Chamba Mexican Restaurant — 5001 1st Ave SE, Cedar Rapids, IA 52402

Location Insight

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Local Demand

City: Cedar Rapids
County: Linn
State: Iowa
Longitude: -91.6321
Latitude: 42.019

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For lease
Restaurants
IA
Cedar Rapids
52402
3939 1st Ave Se

What type of property is this?

Restaurant - 7,329 SF commercial space suitable for restaurant, retail, showroom.

Where is this restaurant located?

The property is located at 3939 1st Ave Se Cedar Rapids, IA.

What are key features of this property?

This property features: High‑visibility location with 139 feet of frontage on 1st Avenue and high daily traffic count (22,729 vehicles).; Large commercial space (7,329 SF) on a sizable lot (1.62 acres) with ample parking (118 spaces).; Equipped as a restaurant with existing kitchen and bar infrastructure, offering a turnkey opportunity for food‑service operators.