Urban Acres Logo Home Link
Menu
Menu

Description

Investment | Sale / Leaseback Opportunity
219 16th Ave SE | Former Bomac’s | Cedar Rapids, IA
Rare opportunity to acquire a historic mixed-use property in the heart of the New Bohemia/Czech Village district. This character-filled building offers restaurant/bar potential, immediate income, and long-term upside.

Includes adjacent parcel at 223 16th Ave SE (0.07 acres) with green space, picnic tables, and a park-like setting—ideal for patio or event use.

Seller is willing to lease back the main level at $3,400/month, providing immediate income. The second floor features a 2 bed/2 bath apartment rented month-to-month at $625/month (tenant would prefer to stay).

Offered at $425,000, this property combines historic charm, outdoor space, and strong investment potential in one of Cedar Rapids’ most active districts.

Listing ID #2602504

Commercial Sale

219 16th Avenue SE
Cedar Rapids, Iowa 52401

$425,000
Square Feet4,647
Lot Size0.08 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52401
StatusActive
Virtual Tour: View Tour
Listing Agent
Trev Adair
Pinnacle Realty LLC
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year
$
Features
2602504
4,647 Sqft
Frame, Block, Concrete
2
From the post office head SE on 7th St SE, Rt on 12th Ave SE, Lt on 5th St SE, Rt on 16th Ave SE
Additional Details
0.08 Acre
Central Air
Central
Membrane
04-10-2026
.075 Acre

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

Request a Showing

Have a question we can answer this property? Interesting in scheduling a showing? Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property.

This field is for validation purposes and should be left unchanged.
Your Name(Required)
How would you prefer to be reached?

Please provide a preferred and an alternate date and time for viewing this property. Please note: some owners require at least 24-hours notice (minimum) before scheduling a showing.
Newsletter Signup

I agree to be contacted by Urban Acres Real Estate via call, email, and text for real estate services. To opt out, you can reply 'stop' at any time or reply 'help' for assistance. You can also click the unsubscribe link in the emails. Message and data rates may apply. Message frequency may vary.

View Similar Listings

View More Listings

250 Holiday Rd
Coralville, IA 52241

Facebook-f Instagram X-twitter Linkedin