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621 1St Ave Sw Cedar Rapids, IA 52405

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For Sale
$198,000

Established 1,050 SF restaurant with real estate and FF&E included.

Lot size:
0.13 Acres

Property Features for 621 1St Ave Sw

General Information

Standard status
Active
Lot size
0.13 Acres

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Listing Contact
Angie Glick
Source: Exprealty

Listing Agency: GLD COMMERCIAL Listing Agent: Angie Glick

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Turnkey Restaurant Opportunity in Cedar Rapids

This 1,050 SF commercial property presents an opportunity to own a piece of Cedar Rapids culinary history. Situated along 1st Avenue, the property offers visibility. The real estate and FF&E (furniture, fixtures, and equipment) are included in the sale, making it a turnkey solution for restauranteurs or business owners. Currently, the property is home to Maid-Rite West, a dining destination known for its classic loose meat sandwiches and comfort food. The retro decor and customer base provide a 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. The intended use of the property is for restaurants.
Location Intelligence

Current Use by Public Records

Maid-Rite West Caterer

Suggested Use

Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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City
Cedar Rapids
County
Linn
State
Iowa
Longitude
-91.6801805
Latitude
41.9738335

FAQs

What type of property is this?
Turn key restaurant - Established 1,050 SF restaurant with real estate and FF&E included.
Where is this turn key restaurant located?
The property is located at 621 1St Ave Sw Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $198,000.
What are key features of this property?
This property features: - Outstanding visibility on 1st Avenue.; - Turnkey solution: Real estate and FF&E (furniture, fixtures, and equipment) included in the sale.; - Established restaurant location: Home to the beloved Maid-Rite West.
More about this property
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