821 3rd Avenue SE Cedar Rapids, IA 52403

Single Family Detached MLS #: 2500339 Courtesy Of Pinnacle Realty LLC

$385,000

3 beds | 2 baths | 4 half baths | 5,891 sq ft
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Estimated monthly payments: $1,683/mo.* (recalculate)

Property InformationDescription

The ideas are limitless with this property! What was once a successful restaurant, is ready for new owners with new business. Prime location Centralized between downtown, Newbo and both hospitals for maximum exposure. Commercial elevator still works for moving large items between floors. Newly installed steel roof. Well maintained brick exterior. Main level is for entertaining guests, with full service kitchen and bar, multiple eating areas and bathrooms. Gorgeous light fixtures and tons of character throughout! Multiple entrances at front and rear of the building, allowing different operations at once. LL is mainly storage space, and lots of it. Furniture and appliances inside will stay with the sale. Upper 2 levels are all living area, with full kitchen, dining, bar, bedrooms, bathrooms and unique loft beds. Very well insulated! You don't want to miss this one! Selling AS-IS. Up to 48 hour for response for all offers.

Features

  • Age: Over 50 Years Old
  • Amenities: Dock
  • Architecture Style: Other
  • Cooling System: Zoned A/C
  • Exterior Type: Brick, Stone
  • Fireplace: Fireplace
  • Heating System: Fireplace
  • Lot Size: 0.19 Acres
  • Rooms: Basement

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821 3rd Avenue SE, Cedar Rapids, IA 52403
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School Information

821 3rd Avenue SE, Cedar Rapids, IA 52403

Elementary School
Grades PK-5 | Public School
GRANT WOOD ELEMENTARY
Cedar Rapids, IA 52403
645 26th St SE
319.­558.2467
Distance: 1.4 mi
School Rating
F
Student:Teacher Ratio
14:1
Total Students
330
Middle School
Grades 6-8 | Public School
MCKINLEY MIDDLE SCHOOL
Cedar Rapids, IA 52403
620 10th St SE
319.­558.2348
Distance: 0.3 mi
School Rating
D-
Student:Teacher Ratio
17:1
Total Students
493
High School
Grades 9-12 | Public School
WASHINGTON HIGH SCHOOL
Cedar Rapids, IA 52403
2205 Forest Dr SE
319.­558.3011
Distance: 1.8 mi
School Rating
D+
Student:Teacher Ratio
15:1
Total Students
1189
Other Nearby Schools Distance Type Grades School Rating
Metro High School 0.7 mi Public 9-12 D-
Johnson Steam Academy 0.8 mi Public KG-5 F
Taylor Elementary 1.3 mi Public PK-5 F
Garfield Elementary 1.4 mi Public KG-5 D+
Benjamin Franklin Middle School 1.4 mi Public 6-8 C
Harrison Elementary 1.5 mi Public PK-5 D+
Regis Middle School 1.5 mi Private 6-8
Roosevelt Middle School 1.6 mi Public 6-8 D
St Matthew School 1.7 mi Private KG-5
All Saints Catholic School 1.8 mi Private PK-5
Wilson Middle School 1.8 mi Public 6-8 C
Isaac Newton Christian Academy 1.9 mi Private PK-12
Arthur Elementary 1.9 mi Public PK-5 C+
Grant Elementary 2.1 mi Public KG-5 D+
Erskine Elementary 2.3 mi Public KG-5 B
Jefferson High School 2.3 mi Public 9-12 D-
Cleveland Elementary 2.3 mi Public PK-5 F
This information is provided for general informational purposes only and should not be relied on in making any home-buying decisions. School information does not guarantee enrollment. Contact a local real estate professional or the school district(s) for current information on schools. This information is not intended for use in determining a person's eligibility to attend a school or to use or benefit from other city, town or local services.

Demographic Data

Cedar Rapids, IA 52403

Median Age: 40
Married: 45%
Number of Households: 10,359
Households with Children: 26.8%
  • Occupancy Types
    • 0 Vacant
    • 0 Owned
    • 0 Rented
  • Transportation to Work
    • 0 Drive
    • 0 Public Transportation
    • 0 Walk / Bike / Other
    • 0 Work at Home
Copyright © 2025 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.