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621 1st Avenue SW

Cedar Rapids, IA 52404
  • $165,000
  • STATUS: Closed
  • ON SITE: 515 Days
  • MLS #: 2500254
Sold - 04/09/2026
$165,000
SOLD - 04/09/2026
  • 0
    BEDS
  • 0.13
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,050
    SQFT
  • $157
    $/SQFT
Neighborhood:
SW Quadrant
Type:
Business Opportunity
Built:
1980
County:
Linn
Area:
SW Quadrant

School Ratings & Info

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Description

Situated in a highly visible location along one of Cedar Rapids’ most traveled commercial corridors. This 1,050 SF freestanding building on 1st Avenue offers strong signage exposure, easy access, and a proven retail/restaurant footprint. The sale includes the real estate and existing FF&E, creating a path for a new food, beverage, or retail concept to launch with reduced startup time and cost. Buyers may pursue rebranding or explore the availability of franchise rights.

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© 2026 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 Key Realty. Data last updated: 2026-06-12T23:42:35.843.
www.buyandselliowa.com/homes/159393917
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621 1st Avenue SW Cedar Rapids, IA 52404

  • Price: $185,000
  • Status: Closed
  • On Site: 515 Days
  • Updated: 187 min ago
  • MLS #: 2500254
0
Beds
0
Baths
0
½ Baths
0.13
Acres
1,050
SQFT
$157
$/SQFT
1980
Built
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Property Description
Situated in a highly visible location along one of Cedar Rapids’ most traveled commercial corridors. This 1,050 SF freestanding building on 1st Avenue offers strong signage exposure, easy access, and a proven retail/restaurant footprint. The sale includes the real estate and existing FF&E, creating a path for a new food, beverage, or retail concept to launch with reduced startup time and cost. Buyers may pursue rebranding or explore the availability of franchise rights.
Exterior Features

Construction Materials Block Concrete Parking Features Off Street Roof Asphalt Shingle

Interior Features

Basement YN No Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central Heating YN Yes Levels One

Property Features

Association YN No Building Features Kitchen Facilities Pole Sign Single- Tenant Business Type Restaurant Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash1031 Exchange Other Possession Immediately Property Sub Type Business Property Sub Type Additional Business Retail Special Purpose Security Features Security System Sewer Public Sewer Tax Annual Amount 1546 Utilities Electricity Available Natural Gas Available Water Source Public Zoning UNG Zoning Description UNG

Listing information © 2026 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Angie Glick of GLD COMMERCIAL: 319-731-3400.
© 2026 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 Key Realty. Data last updated: 2026-06-12T23:42:35.843.
 
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Key Realty
4403 1st Av SE, #300
Cedar Rapids IA, 52402