621 1st Ave SW

For Sale

621 1st Ave SW, Cedar Rapids, IA 52404

This Cedar Rapids property for sale is located at 621 1st Ave SW. The current listed sale price for 621 1st Ave SW is $250,000. 621 1st Ave SW is situated on a lot that is 0.13 acre in size.

Contacts

broker
Angie Glick-Martin, SIOR

GLD Commercial

Property Details

  • Property Type Retail - Restaurant
  • Property Size 1,050 SF
  • Lot Size 0.13 Acre
  • Additional Rent Contact for pricing
  • Year Built 1928
  • Year Renovated 2008
  • Date Updated Jan 14, 2025
Located on 1st Ave West with IDOT Annual Average Daily Traffic counts of over 18,000 vehicles per day.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.Lease of building and all FF&E
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Highlights

  • 8 parking spaces
  • New shingles after Derecho
  • Over $10,000 in improvements to the HVAC systems

Getting around

  • 72/100

    Walk Score ®

  • 33/100

    Transit Score ®

  • 57/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Cedar Rapids, IA
  • Zip Code 52404

Points of Interest

  • Caseys

    0.29 miles

  • ChargePoint

    0.76 miles

  • Casey's General Store

    0.94 miles

  • Fas Fuel

    1.21 miles

  • BP

    1.51 miles

  • Kum & Go

    1.52 miles

  • Tesla Supercharger

    1.68 miles

  • Hy-Vee Gas Station

    1.69 miles

  • Casey's

    1.82 miles

  • Tesla Destination Charger

    4.88 miles

  • Lot 3

    0.23 miles

  • May's Island Ramp

    0.52 miles

  • CRST Parking Garage

    0.62 miles

  • Lot 12

    0.66 miles

  • Paramount Lot

    0.68 miles

  • Lot 9

    0.71 miles

  • Lot 10

    0.72 miles

  • GTC Ramp

    0.77 miles

  • 3rd Avenue Ramp

    0.85 miles

  • Five Seasons Parking Ramp

    0.85 miles

  • Maid Rite

    0.00 miles

  • El Mercadito

    0.05 miles

  • Hacienda Las Glorias

    0.06 miles

  • Mr B's Bar and Sam's Pizza

    0.07 miles

  • Cooter's

    0.09 miles

  • Gilligan's

    0.21 miles

  • Just Coz

    0.22 miles

  • LP Street Food

    0.27 miles

  • Beaver Creek Saloon

    0.28 miles

  • Cedar River Landing

    0.37 miles

  • Hy-Vee

    0.94 miles

  • Babanur International Grocery

    1.54 miles

  • K.A.F.F. Oriental & African Market

    1.76 miles

  • ALDI

    2.13 miles

  • JCPenney

    2.42 miles

  • Ross

    2.54 miles

  • Burlington

    2.57 miles

  • Berry Plaza South

    2.58 miles

  • Walmart Supercenter

    2.71 miles

  • Target

    2.80 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Angie Glick-Martin, SIOR

GLD Commercial