804 5th Street SE

Cedar Rapids, IA 52403 Commercial for Sale

  • $181.99/SqFt.
  • Special Purpose
  • Cedar Rapids
  • MLS#1591746

Iconic Cedar Rapids restaurant which was renovated following the 2008 flood. Sale includes real estate, FF&E and business (averaging $270,000 annually). Great upside potential due to location by New Bo, MedQuarter & downtown Cedar Rapids. High traffic site, good parking, great signage potential. New roof, ventilation system and ansul fire system. Renovation in progress to add a bar and second ADA toilet as well as liquor license. CA required for qualified buyers.

PROPERTY DETAILS

Property

Subtype
Special Purpose
Area
SE Quadrant
Lot Size
8,400
Acres
0.19
Year Built
1949
County
Linn
Zoning
C-4
Gross Tax
$4350

Building

Total SqFt
2,720

Ceiling Height
  • 11ft-14ft

Floor
  • Concrete Slab

Utilities

Heating/Cooling
  • Central Air
  • Central Heat
  • Gas Heat

Utilities
  • Gas

Power Available
  • 220 Volt
  • 3 Phase

Terms

Terms
  • Cash

Lease Terms

Owner Pays
  • See Remarks
Tenant Pays
  • See Remarks

Map & Points of Interest

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COMMUNITY INFORMATION

MORTGAGE CALCULATOR

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