Commercial Sale For Sale
4,001 Sqft - Edgewood, Cedar Rapids, Iowa 52404
QR Code
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.

Property 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.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
2500723
Price:
$875,000
Square Feet:
4,001 Sqft
Construction Year:
2002
Lot Size:
0.85 Acre
Country:
US
State:
IA
County:
Linn
City:
Cedar Rapids
Zipcode:
52404
Status Category:
Active
Features
Heating:
Central
Cooling System:
Central Air
Parking:
Off Street
Roof:
Metal
Construction:
Stone Veneer
Interior:
Storage
Address Map
Street:
Edgewood
Street Number:
2230
Floor Number:
0
Longitude:
W92° 17' 1.3''
Latitude:
N41° 57' 22.3''
More Information
Office Name:
GLD COMMERCIAL
Agent Name:
Adam Gibbs
Directions:
Within shopping center on the NW corner of Williams Blvd SW & Wilson Ave SW
Zoning:
SMC
Lot Dimensions:
.847
LA1Agent Logon Name:
gibbsadam121
LA1Agent First Name:
Adam
LA1Agent Last Name:
Gibbs
LO1Main Office ID:
CGLDC
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Adam Gibbs
GLD COMMERCIAL
Additional Details
Central Air
Stone Veneer
Storage
01/29/2025
Within shopping center on the NW corner of Williams Blvd SW & Wilson Ave SW
.847
Urban Acres Real Estate