Cedar Rapids, IA Restaurants for Sale

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$799,950

3,470 SF

Turn-Key Restaurant/Bar with Drive Thru

1519 6th Street SW, Cedar Rapids, IA 52404

Fully equipped restaurant/bar with drive-thru on high-traffic corner.

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.

Updated: Apr 10

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$1,800,000

7,329 SF

Prime Commercial Space, Cedar Rapids

3939 1st Avenue SE, Cedar Rapids, IA 52402

7,329 SF commercial space on 1.62 acres.

High‑visibility location with 139 feet of frontage and 22,729 average daily vehicle traffic.
Turnkey restaurant opportunity with existing kitchen and bar infrastructure.
Large parking lot with 118 spaces and pylon signage.
Located at a lighted intersection with a bus stop, near Lindale Mall.
Strong demographics: 164,634 residents, $107,096 average income within 15 miles.

Updated: Nov 17, 2025

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Historic Mixed-Use Investment Opportunity

$425,000

4,647 SF

Historic Mixed-Use Investment Opportunity

Mixed-use property with income potential in Cedar Rapids' Czech Village.

219 16th Avenue SE, Cedar Rapids, IA 52401

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Contact for pricing

15,803 SF

High-Traffic Retail Space Available

End-cap retail space in a high-visibility Cedar Rapids location.

266 Blairs Ferry Rd NE, Cedar Rapids, IA 52402

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$320,000

3,050 SF

Cedar Rapids Commercial Opportunity

Turnkey bar/restaurant with apartment and storage in prime location.

912 1st Ave, Cedar Rapids, IA 52405

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$2,362,335

7,801 SF

Remodeled Retail Investment Opportunity

Fully leased retail property near Super Target with recent renovations.

1140 Blairs Ferry NE Road, Cedar Rapids, IA 52402

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$345,000

1,798 SF

Former Pizza Restaurant For Sale

Restaurant property with lease income and recent improvements.

3358 Center Point Rd NE, Cedar Rapids, IA 52402

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$425,000

4,647 SF

Historic Mixed-Use Property in Bohemia

Mixed-use property with income potential in Cedar Rapids' Czech Village.

219 16th Ave Se, Cedar Rapids, IA 52404

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Restaurant Opportunity in Medical District

$480,000

2,340 SF

Restaurant Opportunity in Medical District

Restaurant for sale in the medical district, turnkey opportunity.

216 8TH SE Street, Cedar Rapids, IA 52401

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$2,415,479

5,500 SF

Stand-Alone NNN Boulder Tap House

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

4515 Westdale Pkwy SW, Cedar Rapids, IA

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$300,000

3,300 SF

Turn-key Bar and Restaurant

Bar and restaurant with FF&E, patio, and amphitheater views.

450 1st SW Street 101, Cedar Rapids, IA 52404

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 11 Active listings in Cedar Rapids, IA, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 61 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.

$515,000

Iowa City Mixed-Use Building

Commercial restaurant space and residential condo in vibrant neighborhood.

Iowa City, IA 52245

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Commercial Property in High-Traffic Area

$129,000

0.12 Acres

Commercial Property in High-Traffic Area

Commercial property in Marion, Iowa, with high traffic count.

1486 7th Ave, Marion, IA 52302

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Peninsula Neighborhood Live/Work Property

$545,000

1,119 SF

Peninsula Neighborhood Live/Work Property

Live/work property with retail/office space and residential flat.

1010 Martin St, Iowa City, IA 52245

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$129,000

Commercial Land with High Traffic

Land suitable for drive-thru or small business in Marion, IA.

1486 7th Ave, Marion, IA 52302

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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.

$470,448

2.16 Acres

Hiawatha Commercial Land Opportunity

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

Stamy Rd lot: 2, Hiawatha, IA 52233

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$428,304

2.07 Acres

Hiawatha Commercial Land For Sale

2.07 acres of commercial land near I-380.

Kacena Rd lot: 15, Hiawatha, IA 52233

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$1,486,485

5.46 Acres

Hiawatha Land Opportunity

5.46 acres at a prominent intersection with development potential.

1175 Tower Terrace Rd, Hiawatha, IA 52233

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$400,000

C Street Pad Site Land

Land available for sale near Highway 30 exit.

5721 C St SW, Cedar Rapids, IA 52404

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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

816 SF Lot: 0.23 Acres

Value Estimation by Request

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

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DRIVE-THRU RESTAURANT, FAST FOOD

2,467 SF Lot: 2.63 Acres

Estimated value

$790,000

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

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RESTAURANT

7,329 SF Lot: 1.62 Acres

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

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RESTAURANT

9,110 SF Lot: 1.98 Acres

Value Estimation by Request

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

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RESTAURANT

6,614 SF Lot: 1.87 Acres

Value Estimation by Request

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

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DRIVE-THRU RESTAURANT, FAST FOOD

3,117 SF Lot: 0.60 Acres

Value Estimation by Request

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

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RESTAURANT

3,600 SF Lot: 0.44 Acres

Value Estimation by Request

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

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DRIVE-THRU RESTAURANT, FAST FOOD

3,059 SF Lot: 1.41 Acres

Estimated value

$10,065,000

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

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RESTAURANT

4,172 SF Lot: 0.11 Acres

Value Estimation by Request

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

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RESTAURANT

11,211 SF Lot: 1.28 Acres

Estimated value

$1,450,000

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

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RESTAURANT

4,928 SF Lot: 1.55 Acres

Estimated value

$545,000

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

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DRIVE-THRU RESTAURANT, FAST FOOD

3,353 SF Lot: 0.62 Acres

Estimated value

$605,000

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

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RESTAURANT

3,256 SF Lot: 0.18 Acres

Value Estimation by Request

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

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Cedar Rapids, IA Restaurants Investment Opportunities Market Analysis

Explore 72 restaurants for sale in Cedar Rapids, IA, showcased through 11 active listings on our real estate platform. These investment opportunities span a total of 45,468 square feet of properties for sale, with an estimated market value of $10,071,764.

Sale prices for restaurant properties in Cedar Rapids, IA start at $300,000, averaging $915,614, 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

Property Size Breakdown

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

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 median listing prices of real estate assets

Neighborhood	Average Price
52405	$320K
52401	$480K
52404	$624.5K
52402	$1.5M

Taxes & Financing

Tax Rate (average for all types) 3.09%

Property Tax per SF $27.54 per sq ft

Average Loan-to-Value 65.0%

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Cedar Rapids, IA Restaurants for Sale

Turn-Key Restaurant/Bar with Drive Thru

Fully equipped restaurant/bar with drive-thru on high-traffic corner.

Prime Commercial Space, Cedar Rapids

7,329 SF commercial space on 1.62 acres.

Historic Mixed-Use Investment Opportunity

High-Traffic Retail Space Available

Cedar Rapids Commercial Opportunity

Remodeled Retail Investment Opportunity

Former Pizza Restaurant For Sale

Historic Mixed-Use Property in Bohemia

Restaurant Opportunity in Medical District

Stand-Alone NNN Boulder Tap House

Turn-key Bar and Restaurant

Opportunities in Nearby Cities

Iowa City Mixed-Use Building

Commercial Property in High-Traffic Area

Peninsula Neighborhood Live/Work Property

Commercial Land with High Traffic

Potential Development Sites for Consideration

Hiawatha Commercial Land Opportunity

Hiawatha Commercial Land For Sale

Hiawatha Land Opportunity

C Street Pad Site Land

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

Cedar Rapids, IA Restaurants Investment Opportunities Market Analysis

Top Commercial Asset Segments

Property Size Breakdown

Demographics Overview

High-Yield Neighborhoods for Investment

Taxes & Financing

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