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320 Collins Road NE Overview
- Time on Site:
- 8 hours
- Visits:
- 1
Rare opportunity to lease (or purchase) a highly visible freestanding restaurant in one of Cedar Rapids' premier retail and dining corridors. This former Biaggi's is sited along heavily traveled Collins Rd NE, offering outstanding visibility, convenient access, and exposure to over 25,000 vehicles daily. Surrounded by an exceptional mix of national retailers, hotels, restaurants, & major employers, the property benefits from a strong daytime workforce, affluent surrounding neighborhoods, and consistent consumer traffic throughout the day and evening. The site's generous parking, excellent ingress/egress, and recognizable location make it an outstanding opportunity for a full-service restaurant, upscale casual dining concept, specialty food user, or other high-profile retail use. This is one of the few second-generation restaurant opportunities available in the market. Ownership will also consider the sale of the property.
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320 Collins Road NE Facts & Features
- Type Commercial
- Sq. ft. 9,428
- Lot 1.57 Acres
Details
General
Income/Expenses
- Existing Lease Type: Net
Building Information
- Year Built: 2000
Business Information
- Business Type: Restaurant
Location/Region
- County Or Parish: Linn
- MLS Area Major: NE Quadrant
- Postal City: Cedar Rapids
Rent/Lease Information
- Lease Amount: 23500.0
- Lease Considered: true
- Tenant Pays: Common Area Maintenance,Electricity,Gas,Heat,Insurance,Janitorial Service,Taxes,Trash Collection,Water
Tax Information
- Tax Annual Amount: 100436.0
General Information
- Listing Terms: Lease,Lease Option
- Parcel Number: 14022-51003-00000
- Property Sub Type: Retail
- Property Type: Commercial Lease
- Zoning: SMC
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
- Basement: false
- Building Features: Kitchen Facilities,Private Restrooms,Pole Sign,Single-Tenant
- Interior Features: Storage
- Leasable Area: 9428.0
- Levels: One
- Living Area: 9428.0
- Stories: 1
- Stories Total: 1
Exterior
Parking Information
- Parking Features: Off Street
Lot Information
- Lot Size Acres: 1.566
- Lot Size Area: 1.566
- Lot Size Dimensions: 1.566 Ac
- Lot Size Units: Acres
- Water Source: Public
Building Exterior/Construction
- Construction Materials: Frame
- Roof: Membrane
General Information
- Sewer: Public Sewer
- Utilities: Electricity Available,Natural Gas Available
320 Collins Road NE Neighborhood
Community
52402 (Cedar Rapids) Demographics
36
Median Age
2,949
Population Density (per sq. mile)
51%
College Educated
$63,635
Estimated Median Income
11,972
Estimated Total Home Owners
5,357
Estimated Total Renters
69% / 31%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.320 Collins Road NE Market Data
Based on the last 30 days in this zip code
$264,791
Average List Price
$145
Average Price per Square Foot
56
Properties Sold
60
Average Days on Market
191
Properties for Sale
320 Collins Road NE History
| Date | Value | Agent |
|---|---|---|
| 6/30/2026Source: Cedar Rapids Area MLS | June 30, 2026 |
Listing provided courtesy of GLD COMMERCIAL- MLS# 2604632