# 3939 1st Avenue SE, Cedar Rapids, IA 52402

> **TL;DR:** commercial, $1,800,000 ($246/sqft), built 1984, 7,329 sqft.
> A/C. Est. $7,800/mo. Listed 196 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,800,000 |
| Price/sqft | $246 |
| Square Feet | 7,329 |
| Year Built | 1984 |
| Lot Size | 70,567 sqft (1.62 acres) |
| Property Type | Commercial (Retail) |
| Status | For Sale |
| Days on Market | 196 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $7,800 |
| **Total** | **$7,800** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1984
- 1.62 acre lot

## Description

### Agent 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.

## Location

- **Address:** 3939 1st Avenue SE, Cedar Rapids, IA 52402
- **County:** Linn

## Listing Agent

- **Name:** Kevin Heinbuch
- **Brokerage:** PRK Williams Realty
- **Phone:** (319) 892-3344
- **Email:** kevin@heinbuch.com

## Primary Photo

![3939 1st Avenue SE - Primary Photo](http://lh.rdcpix.com/940ed3733e2ff4f3a6c87f974aadf148l-f2560575894r.jpg)

*25 total photos available on [listing page](https://www.propertysimple.com/listing/3939-1st-avenue-se-cedar-rapids-ia-52402-2509383)*

---

**MLS#:** 2509383 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://www.propertysimple.com/listing/3939-1st-avenue-se-cedar-rapids-ia-52402-2509383)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "3939 1st Avenue SE, Cedar Rapids, IA 52402",
  "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 ",
  "url": "https://www.propertysimple.com/listing/3939-1st-avenue-se-cedar-rapids-ia-52402-2509383",
  "image": "http://lh.rdcpix.com/940ed3733e2ff4f3a6c87f974aadf148l-f2560575894r.jpg",
  "datePosted": "2026-06-18",
  "price": 1800000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "3939 1st Avenue SE",
    "addressLocality": "Cedar Rapids",
    "addressRegion": "IA",
    "postalCode": "52402",
    "addressCountry": "US"
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 7329,
    "unitCode": "FTK"
  },
  "yearBuilt": 1984
}
```