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Freestanding Restaurant Opportunity
For Sale
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320 Collins Rd Ne, Cedar Rapids, IA 52402

Freestanding restaurant building with ample parking, offered for lease or sale along Collins Road NE.

Property Size9,500 SF
Days on Market68

Property Features for 320 Collins Rd Ne

General Information

Standard status Active
Size 9,500 SF
Property subtype RETAIL
Listing Agency: GLD Commercial
Listed By: Adam Gibbs · License #B43857000
Source: Moodyscre
Added: Jun 30 Changed: Jul 21 Last Checked: Sep 4 at 12:35PM

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 GLD Commercial

Investment Insights

Based on property information with market context.

The property is a freestanding restaurant building formerly occupied by Biaggi’s Ristorante Italiano. The offering includes approximately 9,500 square feet on about 1.6 acres, with site improvements positioned to support a full-service restaurant operation.

The site is located at 320 Collins Rd NE in Cedar Rapids, Iowa, along Collins Road NE. It is described as having visibility and convenient access, with generous parking and ingress/egress.

This represents a second-generation restaurant opportunity in the Cedar Rapids market, and ownership is offering the property for lease and will also consider a sale.

Key Highlights

  • Freestanding 9,500 SF former Biaggi's Ristorante Italiano restaurant building
  • Approximately 1.6‑acre site along Collins Road NE with high traffic exposure
  • Offered for lease; ownership will also consider the sale of the property

Property Analytics

Current Use

Biaggi's Ristorante Italiano Restaurant Credit Repair Financial Advisor

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Auto Parts Store Electrical Service Kitchen & Bath Showroom Accounting Firm

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

1,148
Businesses Nearby
Under-served
Demand for This Use

Demographics for 52402, IA

42,072
Population
19,848
Households
2.1
Avg Household Size
36
Median Age
41%
College-Educated
95%
High-School Grad
13.7 sq mi
ZIP Area
3,071
Density / Sq Mi
$71,319
Median Household Income
$41,753
Median Earnings
$992
Median Rent
$188,700
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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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding restaurant building with ample parking, offered for lease or sale along Collins Road NE.
Where is this conventional restaurant located?
The property is located at 320 Collins Rd Ne Cedar Rapids, IA.
What are key features of this property?
This property features: Freestanding 9,500 SF former Biaggi's Ristorante Italiano restaurant building; Approximately 1.6‑acre site along Collins Road NE with high traffic exposure; Offered for lease; ownership will also consider the sale of the property
(319) 731-3415 Call to check price and availability
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