Description

Fantastic investment opportunity with a regional franchisee operating over 20 Anytime Fitness locations. 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 renovation and addition in 2017 including new HVAC, new roof in 2020, new parking lot asphalt in 2022. Great location and traffic count!

Listing ID #2303920

Commercial For Sale

501 7th Avenue, Marion, Iowa 52302

$999,950
Beds0
Square Feet5,000
Construction Year1999
Lot Size0.53 Acre
Country : US
State : IA
County : Linn
City : Marion
Zipcode : 52302
Baths0
Status CategoryActive
Agent info
Karl Hoffman
SKOGMAN REALTY COMMERCIAL
Mortgage Calculator
$
$ %
years
%
$ %per year
$ %per year

Features
2303920
Commercial
5,000 Sqft
1999
Off Street
Subject To Tenant Rights
7th Ave Marion to 501
Additional Details
0.53 Acre
Central Air
Central
Shingle Asphalt
2023-11-08 18:19:15
Irregular

Information on this page deemed reliable, but not guaranteed to be accurate. Listing information was entered by the listing agent and provided by ICAAR (Iowa City Area Association of REALTORS®) MLS and CRAAR (Cedar Rapids Area Association of REALTORS®) MLS. Urban Acres claims no responsibility for any misinformation, typographical errors, or misprints displayed from the MLS sources.

Request a Showing

Have a question we can answer this property? Interesting in scheduling a showing? Please enter your preferences in the form. We will contact you in order to schedule an appointment to view this property.

View Similar Listings