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    220 3rd Avenue SE

    Cedar Rapids, IA 52401
    • $89,000
    • STATUS: Active
    • ON SITE: 1068 days
    • MLS #: 1709929
    UPDATED: 50 min ago
    $89,000
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:
    Area:

    School Ratings & Info

    Description

    Well established since 1993, recently expanded coffee shop in downtown Cedar Rapids. Annual volume of $187,000. Upside potential thru adjusting hours of operation, pricing expanded menu, catering and street patio. Owner will do 120 day transition period or become an employee for up to six months. Sale includes equipment and POS system. Inventory to be purchased by buyer at closing after inventory of the previous day. CA required to view financials and tax returns. Owner will carry back down payment of 20% based on buyer bank financing 80%. Other financing options available during these unusual times.

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    © 2020 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 The Graf Home Selling Team & Associates. Data last updated: 2020-10-20T14:43:03.647.
    www.cedarrapidsareahomes.com/homes/78814249
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    220 3rd Avenue SE Cedar Rapids, IA 52401

    • Price: $89,000
    • Status: Active
    • Updated: 50 min ago
    • MLS #: 1709929
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    SE Quadrant
    County:
    Linn
    Area:
    SE Quadrant
    Property Description
    Well established since 1993, recently expanded coffee shop in downtown Cedar Rapids. Annual volume of $187,000. Upside potential thru adjusting hours of operation, pricing expanded menu, catering and street patio. Owner will do 120 day transition period or become an employee for up to six months. Sale includes equipment and POS system. Inventory to be purchased by buyer at closing after inventory of the previous day. CA required to view financials and tax returns. Owner will carry back down payment of 20% based on buyer bank financing 80%. Other financing options available during these unusual times.
    Exterior Features

    Construction Materials BlockConcrete Exterior Features Sprinkler/Irrigation Roof Membrane

    Interior Features

    Cooling Central Air Cooling YN Yes Flooring Concrete Heating Central 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 ElectricityHeat Utilities Electricity AvailableNatural Gas Available Water Source Public Zoning Description C-4

    Listing information © 2020 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
    Listing provided courtesy of Scott Olson of Skogman Realty Commercial.
    © 2020 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 The Graf Home Selling Team & Associates. Data last updated: 2020-10-20T14:43:03.647.
     
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    The Graf Home Selling Team & Associates
    1190 Twixt Town Rd NE
    Cedar Rapids IA, 52402