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2230 Edgewood Road SW

Cedar Rapids, IA 52404
  • $875,000
  • STATUS: Active
  • ON SITE: 16 Days
  • MLS #: 2500723
UPDATED: 167 min ago
$875,000
  • 0
    BEDS
  • 0.85
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,001
    SQFT
  • $219
    $/SQFT
Neighborhood:
SW Quadrant
Type:
Commercial
Built:
2002
County:
Linn
Area:
SW Quadrant

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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.

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© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-02-14T23:42:36.1.
www.realtybrotherscr.com/homes/159861528
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2230 Edgewood Road SW Cedar Rapids, IA 52404

  • Price: $875,000
  • Status: Active
  • On Site: 16 Days
  • Updated: 167 min ago
  • MLS #: 2500723
0
Beds
0
Baths
0
½ Baths
0.85
Acres
4,001
SQFT
$219
$/SQFT
2002
Built
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
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.
Exterior Features

Construction Materials Stone Veneer Parking Features Off Street Roof Metal

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Heating YN Yes Interior Features Storage

Property Features

Building Features Kitchen Facilities Private Restrooms Single- Tenant Business Type Restaurant Inclusions Building Land Lease Considered YN No Listing Terms Cash Other Possession Closing Property Sub Type Retail Property Sub Type Additional Retail Sewer Public Sewer Tax Annual Amount 27052 Utilities Electricity Available Natural Gas Available Water Source Public Zoning SMC Zoning Description SMC

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Adam Gibbs of GLD COMMERCIAL: 319-731-3400.
© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-02-14T23:42:36.1.
 
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Rosekrans Stines Team | RE/MAX Concepts
5235 Buffalo Ridge Dr
Cedar Rapids IA, 52411