Cedar Rapids, IA Restaurants for Sale

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Updated: Apr 10

Turn-Key Restaurant/Bar with Drive Thru

1519 6th Street SW, Cedar Rapids, IA 52404

$799,950

3,470 sqft 0.88 AC lot

Turn‑key restaurant/bar, fully equipped and ready to operate.
High traffic corner location with over 17,000 cars per day.
Includes 3 lots connecting 15th and 16th AVE.
Drive‑thru service.
Every major system has been modernized.

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This listing looks promising.

Here's a quick look at some key insights for

1519 6th Street SW, Cedar Rapids, IA 52404

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Est. Cap Rate

4.4%
NOI ÷ price
Est. NOI

$35K
Annual
Mortgage

$25K
Dec 2025
Property Type

Drive-Thru Restaurant, Fast Food
Built 1984

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Updated: Apr 10

Historic Mixed-Use Property in Bohemia

219 16th Ave Se, Cedar Rapids, IA 52404

$425,000

4,647 sqft 0.07 AC lot

Immediate income from seller leaseback at $3,400/month.
Prime location in the New Bohemia/Czech Village district.
Mixed‑use property with restaurant/bar potential.
Includes adjacent 0.07‑acre parcel with green space suitable for patio or events.
Second‑floor 2 bed/2 bath apartment provides additional rental income.

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Second-Floor Event Space with Kitchen

1202 3rd Street SE 200, Cedar Rapids, IA 52403

Contact for pricing

15,144 sqft

Second-floor theater-style venue with stage, mezzanine, and a catering kitchen behind the stage.

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Stand-Alone NNN Boulder Tap House

4515 Westdale Pkwy SW, Cedar Rapids, IA

$2,415,479

5,500 sqft 1.37 AC lot

Stand-alone NNN Boulder Tap House built in 2023 for sale.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 4 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 68 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.

Brewery with Restaurant Taproom

903 Quarry Rd, Coralville, IA 52241

$2,900,000

0.81 AC lot

Nearly 15,000 SF brewery building featuring a restaurant/taproom, outdoor patio, and rear dock-high loading door.

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Drive-Through Restaurant Opportunity

101 Windflower Ln, Solon, IA 52333

$75,000

0.03 AC lot

Successful drive-through restaurant with excellent-condition equipment, offered as a business-and-equipment sale only.

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Brewery Restaurant with Patio

903 Quarry Road, Coralville, IA 52241

$2,900,000

14,835 sqft

Former brewery space includes a restaurant and taproom with an outdoor patio and rear dock-high loading door.

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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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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 Street Pad Site Land

5721 C St SW, Cedar Rapids, IA 52404

$400,000

Land available for sale near Highway 30 exit.

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Cedar Rapids Commercial Land ForSale

1406 Adair Court SW lot: 3, Cedar Rapids, IA 52404

$364,815

1.34 AC lot

1.34-acre lot near Eastern Iowa Airport with mixed-use zoning.

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Cedar Rapids Commercial Land Opportunity

1410 Adair Court SW lot: 2, Cedar Rapids, IA 52404

$334,868

1.23 AC lot

1.23-acre lot near Eastern Iowa Airport with mixed-use zoning.

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Hiawatha Commercial Land Opportunity

Stamy Rd lot: 2, Hiawatha, IA 52233

$470,448

2.16 AC lot

2.16 acre commercial lot near I-380 in Hiawatha, Iowa.

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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

Value Estimation by Request

816 sqft 0.23 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

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

$790,000

Estimated value

2,467 sqft 2.63 AC lot

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RESTAURANT

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

$650,000

Estimated value

7,329 sqft 1.62 AC lot

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RESTAURANT

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

Value Estimation by Request

9,110 sqft 1.98 AC lot

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RESTAURANT

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

Value Estimation by Request

6,614 sqft 1.87 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

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

Value Estimation by Request

3,117 sqft 0.60 AC lot

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RESTAURANT

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

Value Estimation by Request

3,600 sqft 0.44 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

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

$10,065,000

Estimated value

3,059 sqft 1.41 AC lot

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RESTAURANT

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

Value Estimation by Request

4,172 sqft 0.11 AC lot

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RESTAURANT

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

$1,450,000

Estimated value

11,211 sqft 1.28 AC lot

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RESTAURANT

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

$545,000

Estimated value

4,928 sqft 1.55 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

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

$605,000

Estimated value

3,353 sqft 0.62 AC lot

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RESTAURANT

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

Value Estimation by Request

3,256 sqft 0.18 AC lot

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RESTAURANT

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

$565,000

Estimated value

1,608 sqft 1.08 AC lot

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RESTAURANT

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

Value Estimation by Request

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

$630,000

Estimated value

4,785 sqft 1.58 AC lot

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BAR, TAVERN

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

Value Estimation by Request

1,216 sqft 0.90 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

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

Value Estimation by Request

553 sqft 0.36 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

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

Value Estimation by Request

1,571 sqft 0.28 AC lot

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DRIVE-THRU RESTAURANT, FAST FOOD

1936 42nd NE St, Cedar Rapids, IA 52402-3041

Value Estimation by Request

556 sqft 0.72 AC lot

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Cedar Rapids, IA Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Cedar Rapids, IA, showcased through 4 active listings on our real estate platform. These investment opportunities span a total of 13,617 square feet of properties for sale, with an estimated market value of $3,640,429.

Sale prices for restaurant properties in Cedar Rapids, IA start at $425,000, averaging $1,213,476, and reaching up to $2,415,479 — 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
52405	$320K
52401	$452.5K
52404	$508.3K
52402	$1.4M

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)

Average Property Price per SF

For-sale pricing trends across core commercial property types in Linn County

Office

Property Size Breakdown

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

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Cedar Rapids, IA Restaurants for Sale

1519 6th Street SW, Cedar Rapids, IA 52404

219 16th Ave Se, Cedar Rapids, IA 52404

1202 3rd Street SE 200, Cedar Rapids, IA 52403

4515 Westdale Pkwy SW, Cedar Rapids, IA

Opportunities in Nearby Cities

903 Quarry Rd, Coralville, IA 52241

101 Windflower Ln, Solon, IA 52333

903 Quarry Road, Coralville, IA 52241

101 Windflower Ln, Solon, IA 52333

Potential Development Sites for Consideration

5721 C St SW, Cedar Rapids, IA 52404

1406 Adair Court SW lot: 3, Cedar Rapids, IA 52404

1410 Adair Court SW lot: 2, Cedar Rapids, IA 52404

Stamy Rd lot: 2, 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

1936 42nd NE St, Cedar Rapids, IA 52402-3041

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)

Average Property Price per SF

Office

Property Size Breakdown

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