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.

Features
: Central
: Central Air
: Concrete
: Storage
: Public Sewer
: Electricity Available, Natural Gas Available
Address Map
IA
Linn
Cedar Rapids
52404
Edgewood
2230
Road
W92° 17' 1.3''
N41° 57' 22.3''
Within shopping center on the NW corner of Williams Blvd SW & Wilson Ave SW
SW Quadrant
SW
SMC
MLS Addon
GLD COMMERCIAL
Adam Gibbs
$0
$0
$0
$0
$0
Additional Information
Restaurant
: Stone Veneer
.847
2025-01-29
https://www.propertypanorama.com/instaview/cdr/2500723
: Public
Financial
27052.0
Listing Information
Michael Gibbs
gibbsmichael121
CGLDC
GLD COMMERCIAL
gibbsadam121
CGLDC
Cash, Other
Active
2025-01-31T17:00:26Z
CDR
2025-01-29T15:12:53Z

2230 Edgewood Road Sw, Cedar Rapids, Iowa 52404 - Commercial Sale For Sale

2230 Edgewood Road Sw, Cedar Rapids, Iowa 52404

4,001
$875,000
Listing ID #2500723
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2500723
Price : $875,000
Square Footage : 4,001
Year Built : 2002
Lot Area : 0.85 Acre
Status : Active
F 150 : Off Street
Property Sub Type : Retail
Roof : Metal
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent