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216 8TH Street SE, Cedar Rapids, IA 52401

Linn County

Key Facts

2,340Sq Ft
1915Year Built
0.05Lot (acres)

Description

Why lease, Here is your chance to own your own restaurant! This property is located right in the medical district and close to downtown. Sale to include active business, all components, building property, and parking lot. Building has brick veneer with membrane rooftop. This is a turn key property, just move in and start cooking. Call the listing agents for a showing today.

Property Information

Property Type

Commercial Sale

Sub-Type

Business

Year Built

1915

Living Area

2,340 sq ft

Lot Size

0.05 acres

Lot Dimensions

39.25x216

Zoning

Com

Days on Market

547

MLS® Listing#

2402001

Property Features

Interior

Storage

Cooling

Central Air

Heating

Central

Flooring

Carpet

Parking

Off Street

Construction

See Remarks

Roof

Membrane

Windows

Display Window(s)

Security

Security Lights

Utilities

Electricity AvailableNatural Gas Available

Sewer

Public Sewer

Water Source

Public

Financial Details

Annual Taxes

$5,306

Parcel Number

14214-09011-00000

Directions

Head Southeast on 5th St Toward 2nd Ave, left on 3rd Ave Se, Left On 8th St Se

Affordability Calculator

$96,000

Estimated monthly payment

$2,555/mo

Principal $384,000 · Est. interest $535,714 over 30 yrs

Neighborhood Market Statistics

How this home compares to active listings in Cedar Rapids, IA

$308,808
Median Listing Price
69
Median Days on Market
1,674
Median Sq Ft
$164
Median Price / Sq Ft
412
Active Listings
  • This home’s price is 55% above the area median.
  • Its price per sq ft is 25% above the area median.

Market statistics compiled from active EXIT Realty® and MLS listings in Cedar Rapids, IA.

Location

Map showing the location of 216 8TH Street SE, Cedar Rapids, IA 52401

Points of Interest in Cedar Rapids, IA

Showing the Cedar Rapids area map.

Nearby Schools

  • Cedar Rapids Day School

    School · 0.1 mi away

  • McKinley Middle School

    Elementary · 0.4 mi away

  • Hacap

    School · 0.5 mi away

  • Cedar Valley Montessori School

    Elementary · 0.5 mi away

  • Metro High School

    Secondary · 0.7 mi away

  • Johnson Steam Academy

    Elementary · 0.9 mi away

  • Xavier Catholic Schools

    School · 1.0 mi away

  • Taylor Elementary School

    Elementary · 1.2 mi away

  • Garfield Elementary School

    Elementary · 1.4 mi away

  • Harrison Elementary School

    Elementary · 1.4 mi away

  • Franklin Middle School

    Secondary · 1.4 mi away

  • Regis Middle School

    Elementary · 1.5 mi away

  • Roosevelt Middle School

    Secondary · 1.6 mi away

  • Holy Family School System

    School · 1.7 mi away

  • Trinity Lutheran School

    Elementary · 1.7 mi away

  • All Saints Elementary School

    Elementary · 1.8 mi away

  • Wilson Middle School

    Secondary · 1.8 mi away

  • Isaac Newton Christian Academy

    School · 1.8 mi away

  • Washington High School

    Secondary · 1.9 mi away

  • Washington High School

    Secondary · 1.9 mi away

Commute Calculator

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Similar Home Values

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Moving Cost Estimate

EXIT Agents in Cedar Rapids

Listing Courtesy: SKOGMAN REALTY - 3193666427

Presented by: Kerrie Merck

The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively 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. Information deemed reliable but not guaranteed. Copyright ©2026 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange (IDX) program of one or more Multiple Listing Services (MLS). Listing information is deemed reliable but is not guaranteed accurate. Copyright © EXIT Realty® and respective MLS providers.

Data provided by CedarRapidsAreaAssociationOfRealtors. MLS® Listing#2402001. © 2026EXIT Realty®. All rights reserved.