621 1st Avenue SW, Cedar Rapids, IA 52404
MLS Number: 2500254 |
Subtype: Commercial | Area: SW Quadrant
$
198,000
Exceptional opportunity to own a piece of Cedar Rapids’ culinary history! This 1,050 SF commercial property is situated along 1st Avenue offering outstanding visibility. The real estate and (FF&E) are included in the sale, making it an ideal choice for restauranteurs or business owners seeking a turnkey solution. The property is currently home to the beloved Maid-Rite West, a nostalgic dining destination known for its classic loose meat sandwiches and hearty comfort food. The charming retro decor and loyal customer base provide a strong 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.
Property
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County: Linn
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Lot Size: .129 Ac
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Acres: 0.1290
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Year Built: 1980
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Zoning: UNG
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Gross tax: $1,546.00
Building
Total Building SF: 1,050
Ceiling Height: 7ft-10ft
Utilities
Utilities: Electricity Available, Natural Gas Available
Heating/Cooling: Central Heat, Central Air
Water Source: City Water
Sewer: City Sewer
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