2350 Edgewood SW Rd Cedar Rapids, IA 52404-3250
This exceptional 4,307-square-foot restaurant space at 2350 Edgewood Rd SW in Cedar Rapids, Iowa, presents a unique investment opportunity. Located in a suburban mixed-use regional center, this single-tenant property boasts high visibility along Edgewood Rd SW. Built in 1979 and extensively renovated in 2020, the building sits on a 0.6-acre lot and features a two-story design. The main floor encompasses 2,851 square feet, while the mezzanine level adds another 1,456 square feet, perfect for offices or additional seating. A lower level provides 1,484 square feet of bonus space ideal for storage and food preparation. The property includes existing furniture, fixtures, and equipment (FF&E), a digital drive-through system with a drive-through window, a retail counter, restrooms, and ample seating for 60 inside and 20 outside. The zoning is Suburban Mixed Use Regional Center, and the Linn County APN is 13364-01028-00000. A tenant improvement allowance may be available for qualified tenants and lease terms. This property is currently vacant and available for both sale and lease. Please note that reciprocal easement agreements are in place. Detailed information on the FF&E and easement agreements is available upon request. This is a turnkey opportunity for a restaurant operator seeking a well-equipped, high-traffic location in a thriving Cedar Rapids neighborhood. The property's zip code is 52404.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
6 recent transactions · within 1.5 miComparable in this City
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