3939 1st Avenue SE, Cedar Rapids, IA 52402

• 7,329 sqft

Property Description

This 7,329 SF commercial space on 1.62 acres offers exceptional visibility with 139 feet of prime 1st Avenue frontage and an average of 22,729 vehicles passing daily. This former Outback Steakhouse is currently equipped as a restaurant with much of the kitchen and bar infrastructure included. It’s an ideal turnkey option for food-service operators, yet easily adaptable for retail or showroom use. The property sits at a highly visible lighted intersection with a bus top, just one mile from Cedar Rapids’ largest employer and minutes (3.7 miles) from downtown Cedar Rapids. Located near the city’s busiest retail hub-including Lindale Mall and multiple major shopping centers-it benefits from strong surrounding traffic and consumer activity. With 118 parking spaces, pylon signage, and easy access, the site supports high customer flow and brand visibility. The 15-mile trade area includes 164,634 residents, 68,802 households, 88,486 employee population, with an average income of $107,096, offering strong buying power and consistent demand. This location provides flexibility, exposure, and demographics ideal for a wide range of business uses.

Listing Status:

Active

Date Added:

November 17, 2025 at 06:00AM

Listing Office:

PRK Williams Realty : 319-892-3344

Listing Agent:

Kevin Heinbuch : 319-892-3344

MLS ID:

2509383

Interior

• Flooring: Wood
• A/C: Central Air
• Heating: CentralGas

Exterior

• Parking: Off Street

Construction

• Roofing: MembraneMetal
• General: Frame1

Location

• Originating MLS: CDR_CDR
• County: Linn

Lot

• Zoning: SMCPer Abstract141120400700000

Utilities

• Utilities: Electricity AvailableNatural Gas Available3 Phase
• Water: Public
• Sewer: Public Sewer

Financial

• Source: CDR_CDR

This listing courtesy of Kevin Heinbuch, PRK Williams Realty