$949,900

501 7th Avenue, Marion, IA 52302

  • 5,000 sqft
  • Property Icon Commercial Property
  • Property Year Built Icon Built in 1999
  • Property Lot Size Icon —— sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $190/sqft
  • Property List Date Icon Listed 11 months ago

Property Description

Fantastic investment opportunity with a regional Anytime Fitness franchisee that just completed a $50,000 interior refresh. 3.5 years remaining on a 6-year lease, with rate bumps. Tenant is responsible for property taxes; LL pays for maintenance and building insurance. The building is in great shape with lots of recent improvements including: Full interior/exterior renovation and addition in 2017 including new HVAC, new roof in 2020, new parking lot asphalt in 2022. Highly visible location with a strong traffic count!

Listing Status:
Active
Date Added:
December 2, 2024 at 06:00AM
Listing Office:
SKOGMAN REALTY COMMERCIAL : 319-363-8286
Listing Agent:
Karl Hoffman : 319-363-8286
MLS ID:
2408145
  • Flooring: Concrete
  • A/C: Central Air
  • Heating: CentralGas
  • Parking: Off Street
  • Roofing: AsphaltShingle
  • Windows: Display Window(s)
  • General: Frame1
  • Originating MLS: CDR_CDR
  • County: Linn
  • Zoning: CommPer abstract140113300200000
  • Utilities: Electricity AvailableNatural Gas Available220 Volts
  • Water: Public
  • Sewer: Public Sewer
  • Source: CDR_CDR

This listing courtesy of Karl Hoffman, SKOGMAN REALTY COMMERCIAL

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

V

Vernon Middle School

1350 4th Ave, Marion, IA, 52302

Grades 5-8

0.50 miles away

V

Vernon Middle School

1350 4th Ave, Marion, IA, 52302

Grades 5-8

0.50 miles away

E

Emerson Learning Center (Hsap)

1400 10th Ave, Marion, IA, 52302

Grades KG-12

0.62 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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