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1625 J Street SW

Cedar Rapids, IA 52404
  • $2,495,000
  • STATUS: Active
  • ON SITE: 475 Days
  • MLS #: 2303370
UPDATED: 68 min ago
$2,495,000
  • 0
    BEDS
  • 1.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 19,454
    SQFT
  • $128
    $/SQFT
Neighborhood:
Type:
Business Opportunity
Built:
1964
County:
Area:

School Ratings & Info

Description

Successful grocery business with real estate, additional tenant and excess land that could be developed or sold. Price!includes equipment valued at $667,000, annual sales over $4,000,000, assignmen t of existing adjacent tenant lease withtmonthly rent of $2,550. Inventory will be valued at the time of closing (Normal range is $190,000 to $200,000).!Retiring owners willing to provide a long term transition. Buyer will need to be pre-~alifi.ed if desiring to retain theSave-A.:tot brand. Save-A-Lot has a matching grant program to assist store owners with updates. Many updates to thebuilding after the 2008 flood plus equipment.

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© 2024 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 Graf Real Estate ERA Powered. Data last updated: 2024-09-13T20:42:56.927.
www.cedarrapidsareahomes.com/homes/139925565
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1625 J Street SW Cedar Rapids, IA 52404

  • Price: $2,495,000
  • Status: Active
  • On Site: 475 Days
  • Updated: 68 min ago
  • MLS #: 2303370
0
Beds
0
Baths
0
½ Baths
1.22
Acres
19,454
SQFT
$128
$/SQFT
1964
Built
Neighborhood:
SW Quadrant
County:
Linn
Area:
SW Quadrant
Property Description
Successful grocery business with real estate, additional tenant and excess land that could be developed or sold. Price!includes equipment valued at $667,000, annual sales over $4,000,000, assignmen t of existing adjacent tenant lease withtmonthly rent of $2,550. Inventory will be valued at the time of closing (Normal range is $190,000 to $200,000).!Retiring owners willing to provide a long term transition. Buyer will need to be pre-~alifi.ed if desiring to retain theSave-A.:tot brand. Save-A-Lot has a matching grant program to assist store owners with updates. Many updates to thebuilding after the 2008 flood plus equipment.
Exterior Features

Construction Materials Frame Levels One Parking Features Off Street Roof Membrane Stories Total 1

Interior Features

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

Property Features

Electric 220 Volts Lease Considered YN No Property Sub Type Business Sewer Public Sewer Tax Annual Amount 0 Tenant Pays See Remarks Utilities Electricity AvailableNatural Gas AvailableSee Remarks Water Source Public Zoning Description TMUC

Listing information © 2024 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Scott Olson of SKOGMAN REALTY COMMERCIAL: 319-363-8286.
© 2024 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 Graf Real Estate ERA Powered. Data last updated: 2024-09-13T20:42:56.927.
 
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