Cedar Rapids, IA Restaurants for Sale

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Marion, IA Hiawatha, IA Robins, IA Ely, IA Fairfax, IA Mount Vernon, IA Swisher, IA Toddville, IA

Updated: Jul 27

Restaurant with Rooftop Airplane

103 8th Avenue SW, Cedar Rapids, IA 52404

$299,000

1,586 sqft 0.23 AC lot

1,586‑square‑foot restaurant building on 0.23 acres
Adjoining parking lot included in the sale
Airplane positioned on the roof
Recipes included with the restaurant business
Com zoning

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Updated: Jul 27

Conventional Restaurant with Airplane Roof Landmark

103 8th Avenue SW, Cedar Rapids, IA 52404

$299,000

1,586 sqft

0.23‑acre lot with public water
Built in 1940 single‑story restaurant
Concrete flooring throughout
Heating and air conditioning
Display window(s) for street visibility

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Freestanding Restaurant Building

320 Collins Rd NE, Cedar Rapids, IA 52402

Contact for pricing

9,500 sqft 1.60 AC lot

Freestanding restaurant building formerly occupied by Biaggi’s, with ample parking and access along Collins Road NE.

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Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

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Local Demand available after sign in

Freestanding Restaurant with Drive-Through

3401 E Avenue NW, Cedar Rapids, IA 52402

Contact for pricing

2,927 sqft 1.17 AC lot

Substantially built-out restaurant with commercial kitchen infrastructure and prominent on-site signage.

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Restaurant and Bar with Equipped Kitchen

1100 1st St SW, Cedar Rapids, IA 52404

$75,000

1,869 sqft

Restaurant and bar with equipped kitchen, prep area, storage, and separate dining and bar areas.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 5 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 67 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Leased Restaurant Condo with Kitchen

796 11th St, Marion, IA 52302

$725,000

7,619 sqft

Fully leased restaurant condo includes a catering-size kitchen, plus garage and basement space across three parcels.

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Renovated Restaurant Condo

A-796 11th St, Marion, IA 52302

$725,000

4,813 sqft

Fully leased first-floor space includes a catering-size kitchen and an active five-year lease.

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Drive-Through Restaurant Business Sale

101 Windflower Ln, Solon, IA 52333

$75,000

1,517 sqft

Restaurant business and equipment for sale with a drive-through window, offered as a lease-assumption business opportunity.

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Drive-Through Restaurant Business

101 Windflower Ln, Solon, IA 52333

$75,000

0.03 AC lot

Business sale includes restaurant equipment and an assumable lease for the existing shopping center space.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

C-4 Commercial Development Site

Stamy Rd lot: 2, Hiawatha, IA 52233

$297,950

1.44 AC lot

C-4-zoned commercial parcel with municipal utilities, natural gas, electric service, and high-speed internet available.

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C-4 Commercial Development Lot

Kacena Rd lot: 15, Hiawatha, IA 52233

$428,304

2.07 AC lot

Commercial land with preliminary plat, utility access, and entry from Kacena or Anchor Roads.

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Commercial Land at Signalized Intersection

1175 Tower Terrace Rd, Hiawatha, IA 52233

$1,486,485

5.46 AC lot

Commercial land with on-site utilities and access to a prominent Hiawatha intersection near the I-380 interchange.

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Commercial Development Land

Tower Terrace Rd lot: 4, Hiawatha, IA 52233

$493,970

1.89 AC lot

C-4-zoned commercial land with city utilities and access from Stamy Drive.

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Off-Market Properties in Cedar Rapids, IA

Consider similar Off-Market properties in Cedar Rapids, IA. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

1455 Mt Vernon SE Rd, Cedar Rapids, IA 52403-1214

Estimated value:

$215,000

816 sqft 0.23 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

2630 Williams SW Blvd, Cedar Rapids, IA 52404-1554

Estimated value:

$765,000

2,467 sqft 2.63 AC lot

View details

RESTAURANT

3939 1st SE Ave, Cedar Rapids, IA 52402-5604

Estimated value:

$650,000

7,329 sqft 1.62 AC lot

View details

RESTAURANT

367 Collins NE Rd, Cedar Rapids, IA 52402-3118

Estimated value: by Request

9,110 sqft 1.98 AC lot

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RESTAURANT

6905 Mt Vernon SE Rd, Cedar Rapids, IA 52403-7188

Estimated value:

$395,000

6,614 sqft 1.87 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

2350 Edgewood SW Rd, Cedar Rapids, IA 52404-3250

Estimated value:

$310,000

3,117 sqft 0.60 AC lot

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RESTAURANT

5521 Ctr Pt NE Rd, Cedar Rapids, IA 52402-1925

Estimated value:

$410,000

3,600 sqft 0.44 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

190 Collins NE Rd, Cedar Rapids, IA 52402-3229

Estimated value:

$10,065,000

3,059 sqft 1.41 AC lot

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RESTAURANT

1006 3rd SE St, Cedar Rapids, IA 52401-2304

Estimated value:

$225,000

4,172 sqft 0.11 AC lot

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RESTAURANT

4444 1st NE Ave, Cedar Rapids, IA 52402-3215

Estimated value:

$1,450,000

11,211 sqft 1.28 AC lot

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RESTAURANT

810 Vernon Vly Dr, Cedar Rapids, IA 52403-9003

Estimated value:

$225,000

4,928 sqft 1.55 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

3214 1st NE Ave, Cedar Rapids, IA 52402-6002

Estimated value:

$605,000

3,353 sqft 0.62 AC lot

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RESTAURANT

229 16th SW Ave, Cedar Rapids, IA 52404-2819

Estimated value:

$220,000

3,256 sqft 0.18 AC lot

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RESTAURANT

2545 Old Riv SW Rd, Cedar Rapids, IA 52404-7446

Estimated value:

$565,000

1,608 sqft 1.08 AC lot

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RESTAURANT

4001 Ctr Pt NE Rd, Cedar Rapids, IA 52402-6406

Estimated value:

$460,000

4,583 sqft 0.68 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

2635 Blairs Fry NE Rd, Cedar Rapids, IA 52402-1802

Estimated value:

$630,000

4,785 sqft 1.58 AC lot

View details

BAR, TAVERN

821 Shaver NE Rd, Cedar Rapids, IA 52402-4507

Estimated value:

$320,000

1,216 sqft 0.90 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

3212 Mt Vernon SE Rd, Cedar Rapids, IA 52403-3657

Estimated value:

$225,000

553 sqft 0.36 AC lot

View details

DRIVE-THRU RESTAURANT, FAST FOOD

226 Edgewood NW Rd, Cedar Rapids, IA 52405-4410

Estimated value:

$190,000

1,571 sqft 0.28 AC lot

View details

Cedar Rapids, IA Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Cedar Rapids, IA, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 17,468 square feet of properties for sale, with an estimated market value of $673,000.

Sale prices for restaurant properties in Cedar Rapids, IA start at $75,000, averaging $224,333, and reaching up to $299,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 145K

Population Growth (5Y) +3.0%

Median Household Income $72,941

College Educated 21.6%

High-Yield Neighborhoods for Investment

Identify Cedar Rapids submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
52404	$224.3K

Taxes & Financing

Tax Rate (average for all types) 3.09%

Property Tax per SF $27.54 per SF

Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Linn County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Cedar Rapids fall within the 25,000 to 50,000 square foot range.

How Realmo verifies these figures

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Cedar Rapids, IA Restaurants for Sale

103 8th Avenue SW, Cedar Rapids, IA 52404

103 8th Avenue SW, Cedar Rapids, IA 52404

320 Collins Rd NE, Cedar Rapids, IA 52402

3401 E Avenue NW, Cedar Rapids, IA 52402

1100 1st St SW, Cedar Rapids, IA 52404

Opportunities in Nearby Cities

796 11th St, Marion, IA 52302

A-796 11th St, Marion, IA 52302

101 Windflower Ln, Solon, IA 52333

101 Windflower Ln, Solon, IA 52333

Potential Development Sites for Consideration

Stamy Rd lot: 2, Hiawatha, IA 52233

Kacena Rd lot: 15, Hiawatha, IA 52233

1175 Tower Terrace Rd, Hiawatha, IA 52233

Tower Terrace Rd lot: 4, Hiawatha, IA 52233

Off-Market Properties in Cedar Rapids, IA

1455 Mt Vernon SE Rd, Cedar Rapids, IA 52403-1214

2630 Williams SW Blvd, Cedar Rapids, IA 52404-1554

3939 1st SE Ave, Cedar Rapids, IA 52402-5604

367 Collins NE Rd, Cedar Rapids, IA 52402-3118

6905 Mt Vernon SE Rd, Cedar Rapids, IA 52403-7188

2350 Edgewood SW Rd, Cedar Rapids, IA 52404-3250

5521 Ctr Pt NE Rd, Cedar Rapids, IA 52402-1925

190 Collins NE Rd, Cedar Rapids, IA 52402-3229

1006 3rd SE St, Cedar Rapids, IA 52401-2304

4444 1st NE Ave, Cedar Rapids, IA 52402-3215

810 Vernon Vly Dr, Cedar Rapids, IA 52403-9003

3214 1st NE Ave, Cedar Rapids, IA 52402-6002

229 16th SW Ave, Cedar Rapids, IA 52404-2819

2545 Old Riv SW Rd, Cedar Rapids, IA 52404-7446

4001 Ctr Pt NE Rd, Cedar Rapids, IA 52402-6406

2635 Blairs Fry NE Rd, Cedar Rapids, IA 52402-1802

821 Shaver NE Rd, Cedar Rapids, IA 52402-4507

3212 Mt Vernon SE Rd, Cedar Rapids, IA 52403-3657

226 Edgewood NW Rd, Cedar Rapids, IA 52405-4410

Cedar Rapids, IA Restaurants Market Trends and Statistics

Top Commercial Asset Segments

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

Listings Trend

Total CRE Inventory on Market (SF)

Property Size Breakdown

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