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Skogman Realty Logo Pending Commercial Retail

1625 J Street Southwest, Cedar Rapids, Iowa, 52404, USA

USD $2,495,000
Reference ID: 2303370 Web ID: tmmal
  • Successful grocery business with real estate

  • Existing tenant lease with $2,550 monthly rent

  • Equipment valued at $667,000 included

  • Annual sales over $4,000,000

  • Excess land available for development or sale

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.
  • Transaction Type: Commercial
  • Property Type: Retail
  • Status: Pending
  • Area: 19,454 sf
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Businesses Nearby

Lucky's on 16th

(0.4 miles away)

The Village Tap

(0.6 miles away)

Crosby's

(0.8 miles away)

Black Sheep Social Club

(0.9 miles away)

La Terraza Mexican Grill & Seafood

(1 mile away)

LP - Street Food

(1 mile away)

The District CR

(1 mile away)

The Map Room

(1 mile away)

CITYWALK EATERY

(1 mile away)

Napoli's Italian Restaurant SW

(3 miles away)
Public Transportation

Neighborhood Transportation Service (NTS)

(1 mile away)

Ground Transportation Center

(1 mile away)

Windstar Lines

(3 miles away)

Burlington Trailways

(5 miles away)

Greyhound: Bus Station

(5 miles away)
Airports

Cedar Rapids Municipal Airport

(5 miles away)
Contact Skogman Realty
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Property Highlights

  • Successful grocery business with real estate

  • Existing tenant lease with $2,550 monthly rent

  • Equipment valued at $667,000 included

  • Annual sales over $4,000,000

  • Excess land available for development or sale