Back 821 3rd Ave SE
Off Market

821 3rd Ave SE

Cedar Rapids IA 52403

3
6
1
5891 sq. ft.
0.19 ac.
Single-Family
Last sold for $245,000
Ashley LetschAshley Letsch, last sold this property on 24 October 2025 after -58 days on market.

Overview

his 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

Features

3 bedrooms
6 bathrooms
1 carspace
1 garage space
5891 sq. ft. floor area
0.19 ac. lot size
Single-Family

Estimated Value

Based on this property and similar 3 bedroom single-family properties sold in Cedar Rapids over the last 12 months, the estimated median property value of 821 3rd Ave SE is $194.75k.

Median value
$194.75k
Estimated value range
$25k - $1.3m
Median days on market
15
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Cedar Rapids. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 821 3rd Ave SE

2025
Sold
$245,000
24 Oct 2025 by Ashley Letsch, of Pinnacle Realty LLC

Happy sellers in Cedar Rapids

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We have insufficient information to provide an overview of customer satisfaction for Cedar Rapids. Viewing the agent profiles, reviews and sales for Cedar Rapids can provide insights for this location.

Local market activity for 3 bedroom single-family properties in Cedar Rapids

In the last 12 months, 195 three-bedroom single-family properties similar to 821 3rd Ave SE, have been sold.

This represents a 9% increase in three-bedroom single-family properties sales when compared to the previous 12 months.

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