621 1st Ave SW, Cedar Rapids

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Sale Price $198,000 - MLS: 202500366

Exceptional opportunity to own a piece of Cedar Rapids’ culinary history! This 1,050 SF commercial property is situated along 1st Avenue offering outstanding visibility. The real estate and (FF&E) are included in the sale, making it an ideal choice for restauranteurs or business owners seeking a turnkey solution. The property is currently home to the beloved Maid-Rite West, a nostalgic dining destination known for its classic loose meat sandwiches and hearty comfort food. The charming retro decor and loyal customer base provide a strong foundation for continued success. For buyers looking to maintain the current concept, the franchise rights are available, along with the opportunity to retain the experienced manager, who has been with the restaurant for 20 years.

      
Directions: 1ST AVE SW ON THE SOUTH SIDE OF ROAD

Property Details

MLS #: 202500366
Sale Price: $198,000
Year Built: 1980
Sq Ft: 1050.0
Business: Food And Beverage, Retail
Construction: Block
Floor Type: Concrete Slab Grade
Financing:
Utilities: Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water
Acreage: 0.13
Lot:
Frontage: County Road, Paved, Highway
Energy Generation:
Heat/Cooling: Natural Gas, Central, Central Air

Information deemed reliable but not guaranteed


Who To Contact

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Edge Realty Group

319-351-3355
 
info@edge-realtygroup.com


 Listing Office: GLD Commercial Real Estate Advisors - Agent: Angie Glick - Information furnished by Iowa City Area Association of Realtors