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For sale
  • Price cut: $28K (5/1)
    $350,000

    821 3rd Ave SE, Cedar Rapids, IA 52403

    3beds
    5,891sqft
    : 
    Single Family Residence
    Built in 1870
    8,407.08 Square Feet Lot
    $345,500 Zestimate®
    $59/sqft
    $-- HOA

    What's special

    Well maintained brick exteriorUnique loft bedsGorgeous light fixturesFull service kitchenEntertaining guestsNewly installed steel roof
    This property presents endless opportunities! Formerly a thriving restaurant, it is now poised for new ownership and a fresh business venture. Strategically located in a central hub between downtown, Newbo, and both hospitals, ensuring maximum visibility. A functional commercial elevator facilitates the transportation of large items between floors. Recently installed steel roof and meticulously maintained brick exterior. The main level is designed for guest entertainment, boasting a full-service kitchen, bar, multiple dining areas, and restrooms. Exquisite light fixtures and an abundance of character permeate throughout. Multiple entrances at the front and rear enable simultaneous operations. The lower level primarily serves as storage space, with ample room. Included in the sale are the furnishings and appliances. The upper two levels provide living areas, complete with a full kitchen, dining space, bar, bedrooms, bathrooms, and distinctive loft beds. This is an opportunity not to be missed! Selling AS IS
    128 days
    on Zillow
    |
    784
    |
    14
    |

    Zillow last checked: 7 hours ago

    Listing updated: May 01, 2025 at 05:36pm

    Listed by:

    Ashley Letsch 319-450-8785,

    Pinnacle Realty LLC

    Source: CRAAR, CDRMLS,MLS#: 2500339MLS LogoOriginating MLS: Cedar Rapids Area Association Of Realtors
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    Tour with a buyer’s agent

    We’ll find a local expert to take you on a private tour of 821 3rd Ave SE.

    Next available tour time:Today at 11am

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 3
    • Bathrooms: 6
    • Full bathrooms: 2
    • 1/2 bathrooms: 4
    Other
    • Level: Second
    Heating
    • Zoned, Forced Air, Gas
    Cooling
    • Zoned, Central Air, Wall/Window Unit(s)
    Features
    • Dining Area, Separate/Formal Dining Room, Upper Level Primary
    • Basement: Full
    • Has fireplace: Yes
    • Fireplace features: Insert, Family Room, Gas, Great Room
    Interior area
    • Total interior livable area: 5,891 sqft
    • Finished area above ground: 5,891
    • Finished area below ground: 0
    Video & virtual tour

    Property

    Parking
    • Total spaces: 1
    • Parking features: Attached, Garage, Guest, Off Street
    • Garage spaces: 1
    Lot
    • Size: 8,407.08 Square Feet
    • Dimensions: 60 x 140
    Details
    • Parcel number: 142147600400000
    • Zoning: Comm/Res
    • Zoning description: Comm/Res

    Construction

    Type & style
    • Home type: SingleFamily
    • Property subtype: Single Family Residence
    Materials
    • Brick, Frame, Masonry, Stone, Vinyl Siding
    Condition
    • New construction: No
    • Year built: 1870

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Community
    • Security: Security System
    Location
    • Region: Cedar Rapids

    Financial & listing details

    • Price per square foot: $59/sqft
    • Tax assessed value: $415,200
    • Annual tax amount: $8,798
    • Date on market: 1/15/2025
    • Listing terms: Cash,Conventional
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