Commercial For Sale
- 1st Ave SW, Cedar Rapids, Iowa 52404
QR Code
Description

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 Description

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.

Basic Details
Property Type:
Commercial
Listing Type:
For Sale
Listing ID:
202500366
Price:
$250,000
Lot Size:
0.13 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52404
Status Category:
Active
Features
Heating:
Central, Natural Gas
Cooling System:
Central Air
Roof:
Composition
Construction:
Block
Address Map
Street Number:
621
Street:
1st Ave SW
Floor Number:
0
Longitude:
W92° 19' 11.3''
Latitude:
N41° 58' 25.8''
More Information
Office Name:
GLD Commercial Real Estate Advisors
Directions:
1ST AVE SW ON THE SOUTH SIDE OF ROAD
Zoning:
Urban Neighborhood Gen
LA1Agent Logon Name:
i2925
LA1Agent First Name:
Angie
LA1Agent Last Name:
Glick
LO1Main Office ID:
IGLD
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Angie Glick
GLD Commercial Real Estate Advisors
Additional Details
Central Air
Block
01/10/2025
1ST AVE SW ON THE SOUTH SIDE OF ROAD