621 1st Ave SW

621 1st Ave SW, Cedar Rapids, IA 52404

  • For Sale $250,000
  • 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

Contacts

broker
Angie Glick-Martin, SIOR

GLD Commercial

Location

Getting Around

  • Walk Score ®

    72/100 Very Walkable

  • Transit Score ®

    33/100 Some Transit

  • Bike Score ®

    57/100 Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does 621 1st Ave SW cost?

The space currently listed for sale at 621 1st Ave SW asks for $250,000.

What is the total square footage of 621 1st Ave SW?

621 1st Ave SW totals 1,050 square feet.

When was this property built?

621 1st Ave SW was built in 1928.

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Contact Listing Broker
broker
Angie Glick-Martin, SIOR

GLD Commercial