Description

Retail restaurant investment for sale on the SW side of Cedar Rapids. Established business, Red Ginger, is currently leasing the property on a Gross lease and has a scheduled rent increase on April 1, 2025. Current lease expires Spring 2027 with renewal options. Tenant is responsible for utilities, maintenance, and lawn care. Landlord is responsible for RE Taxes, building insurance, and snow removal.

Listing ID #2500723

Commercial Sale For Sale

2230 Edgewood, Cedar Rapids, Iowa 52404

$875,000
Square Feet4,001
Construction Year2002
Lot Size0.85 Acre
Country : US
State : IA
County : Linn
City : Cedar Rapids
Zipcode : 52404
Status CategoryActive
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Agent info
Adam Gibbs
GLD COMMERCIAL
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Features
2500723
Commercial Sale
4,001 Sqft
2002
Off Street
Stone Veneer
Within shopping center on the NW corner of Williams Blvd SW & Wilson Ave SW
Additional Details
0.85 Acre
Central Air
Central
Metal
Storage
01-29-2025
.847

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

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