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1625 J Street SW, Cedar Rapids, IA 52404

MLS Number: 2303370   |   Subtype: Commercial   |   Area: SW Quadrant
$ 2,495,000
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 with tmonthly 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 the Save-A.:tot brand. Save-A-Lot has a matching grant program to assist store owners with updates. Many updates to the building after the 2008 flood plus equipment.

Property

  • County: Linn
  • Lot Size: 1.223 Acr
  • Acres: 1.2230
  • Year Built: 1964
  • Zoning: TMUC
  • Gross tax: $0.00

Building

Total Building SF: 19,454
Ceiling Height: 11ft-14ft

Utilities

Utilities: Electricity Available, Natural Gas Available, See Remarks
Heating/Cooling: Central Heat, Gas Heat, Central Air
Water Source: City Water
Sewer: City Sewer

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