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Grocery Store With Real Estate
For Sale
Contact for pricing
Pending

1625 J St SW, Cedar Rapids, IA 52404

Established grocery operation offered with the underlying property, an adjacent tenant, excess land, and included equipment.

Property SizeContact for details
Days on Market142

Property Features for 1625 J St SW

General Information

Standard status Pending
Property subtype Retail, Special Purpose
Listing Agency: Skogman Commercial Group Cedar Rapids
Listed By: Karl Hoffman · License #IA S39811000
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 7:37AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Skogman Commercial Group Cedar Rapids

Investment Insights

Based on property information with market context.

This offering combines an operating grocery business with its real estate in Cedar Rapids, Iowa. The property includes store equipment, and the building received multiple updates following the 2008 flood. The transaction also includes the business operation and associated real estate rather than a business-only transfer.

An adjacent tenant provides an additional occupancy component, while excess land offers the possibility of separate development or disposition as described for the property. The existing Save-A-Lot branding may be retained subject to buyer pre-qualification. The retiring owners are willing to support a long-term transition, and Save-A-Lot’s matching grant program may assist qualified store owners with updates.

Key Highlights

  • Grocery business offered with the underlying real estate
  • Adjacent tenant included through assignment of the existing lease
  • Excess land may be developed or sold separately

Property Analytics

Current Use

Save A Lot Grocery & Convenience Store Drop Inn Charity ... Discount Store

Suggested Use

Top Pick Dental Office Auto Parts Store Barber Shop Locksmith Storage Facility (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52404, IA

43,385
Population
19,923
Households
2.2
Avg Household Size
35
Median Age
22%
College-Educated
94%
High-School Grad
56.6 sq mi
ZIP Area
767
Density / Sq Mi
$62,304
Median Household Income
$38,865
Median Earnings
$885
Median Rent
$159,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Similar Off Market Nearby

  • Hy-Vee Grocery Store 20 Wilson Ave SW, Cedar Rapids, IA 52404
  • Hy-Vee Drugstore 1520 6th St SW, Cedar Rapids, IA 52404

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Established grocery operation offered with the underlying property, an adjacent tenant, excess land, and included equipment.
Where is this grocery and convenience store located?
The property is located at 1625 J St SW Cedar Rapids, IA.
What are key features of this property?
This property features: Grocery business offered with the underlying real estate; Adjacent tenant included through assignment of the existing lease; Excess land may be developed or sold separately
More about this property
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