Senior Assisted Living
For Sale
$589,000
307 Edgewood Road SW, Cedar Rapids, IA 52404
Former residential care facility with 19 private rooms, dining and commercial kitchen, laundry, and covered outdoor area.
Property Size9,340 SF
Price / SF$63.06
Days on Market364
Property Features for 307 Edgewood Road SW
General Information
Standard status
Active
Size
9,340 SF
Property subtype
Commercial
Zoning
T-ML
Taxes and HOA fees
Annual Taxes
$15,956
Amenities
19 private rooms
2 large bathing/shower rooms
dining room
commercial kitchen
activities/living room
nurses' station
laundry
chapel
large covered outside area
Concrete
Yes
1
No
Storage
Building,Land
0.661
28793
Off Street
Sprinkler/Irrigation
Building Details
Year Built
1987
Stories
1
Listing Agency:
Realty ONE Group Movement..
(319) 393-0900
Listed By:
Ryan Eighme
(319) 721-6099
Source:
Pinnaclerealtyia
Added: Sep 10, 2025
Changed: Sep 7
Last Checked: Sep 7 at 6:29AM
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 Realty ONE Group Movement..
Investment Insights
Based on property information with market context.
This former residential care facility is configured for senior living and services, with 19 private rooms. Seventeen rooms include a restroom and vanity, and the remaining two include a restroom with sink/vanity and shower. The property also features two large bathing/shower rooms, a dining room, commercial kitchen, activities/living room, nurses’ station, laundry, chapel, and a large covered outside area.
Located on the southwest side with proximity to a bus stop. Furniture, fixtures, and equipment are negotiable.
The use will be restricted to avoid competition with the owner’s other properties, which should be confirmed during due diligence.
Located on the southwest side with proximity to a bus stop. Furniture, fixtures, and equipment are negotiable.
The use will be restricted to avoid competition with the owner’s other properties, which should be confirmed during due diligence.
Key Highlights
- Former residential care facility with 19 private rooms: 17 with restroom & vanity, plus 2 with restroom and sink/vanity
- Includes 2 large bathing/shower rooms, dining room, and commercial kitchen for resident care and food service
- Additional interior spaces include nurses’ station, laundry, chapel, and activities/living room
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
491
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Evergreen Estates II — 307 Edgewood Rd SW, Cedar Rapids, IA 52404
- Evergreen Estates III — 2204 Johnson Ave NW, Cedar Rapids, IA 52405
Frequently Asked Questions
What type of property is this?
Assisted living facility - Former residential care facility with 19 private rooms, dining and commercial kitchen, laundry, and covered outdoor area.
Where is this assisted living facility located?
The property is located at 307 Edgewood Road SW Cedar Rapids, IA.
What is the asking price?
The asking price for this property is $589,000.
What are key features of this property?
This property features: Former residential care facility with 19 private rooms: 17 with restroom & vanity, plus 2 with restroom and sink/vanity; Includes 2 large bathing/shower rooms, dining room, and commercial kitchen for resident care and food service; Additional interior spaces include nurses’ station, laundry, chapel, and activities/living room
