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912 1st Ave, Cedar Rapids, IA, 52405
Turnkey Bar and Restaurant with Apartment

912 1st Ave Cedar Rapids, IA 52405

For Sale
$320,000

For sale with turnkey FF&E, an upstairs apartment, and basement storage, plus recent exterior, HVAC, and roof upgrades.

Property Size3,050 SF
Price / SF$104.92
Days on Market232

Property Features for 912 1st Ave

General Information

Standard status
Active
Size
3,050 SF
Property subtype
Commercial

Building Details

Year Built
1953
Listing Agency: Pinnacle Realty LLC
Listed By: Kelli Feickert
Source: Pinnaclerealtyia
Added: Dec 4, 2025 Changed: Jul 23 Last Checked: Jul 24 at 5:29AM

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 Pinnacle Realty LLC


Investment Insights

Based on property information with market context.

This offering includes a bar and restaurant property sold as a turnkey package with all furniture, fixtures, and equipment. The building also includes an apartment upstairs, and there is basement space suited for additional storage.

Located on 1st Avenue in Cedar Rapids, the property is described as minutes from downtown and nearby venues, including the McGrath Amphitheater, the hockey arena, and the baseball stadium, with a soon-to-open casino and entertainment center referenced in the remarks.

Recent improvements called out in the information include replaced siding and entrance doors, repaving of the parking lot, HVAC updates, a newly installed roof, and a brand-new stairway to the apartment.

Key Highlights

  • Building for sale with all furniture, fixtures, and equipment included (FF&E).
  • Upstairs apartment provides additional rental income.
  • Basement offers extra storage space.

Property Analytics

Location Intelligence

Current Use by Public Records

Gilligan's Pub-Grub Nightclub

Suggested Use

Dental Office Real Estate Agency Nail Salon Hair Salon Auto Parts Store Skin Care Clinic Spa & Massage Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Bakery

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Hacienda Las Glorias — 715 1st Ave SW, Cedar Rapids, IA 52405
  • carlo@csps — 1103 3rd st sw, cedar rapids, ia 52404
  • Just Coz — 402 6th St SW, Cedar Rapids, IA 52404
  • Stadium Bar and Grill — 957 Rockford Rd SW, Cedar Rapids, IA 52404
  • Gilligan's Pub-Grub — 912 1st Ave NW, Cedar Rapids, IA 52405

FAQs

What type of property is this?
Bar & Pub - For sale with turnkey FF&E, an upstairs apartment, and basement storage, plus recent exterior, HVAC, and roof upgrades.
Where is this bar & pub located?
The property is located at 912 1st Ave Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $320,000.
What are key features of this property?
This property features: Building for sale with all furniture, fixtures, and equipment included (FF&E).; Upstairs apartment provides additional rental income.; Basement offers extra storage space.
More about this property
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