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 ID #2408145

Commercial For Sale

501 7th Avenue
Marion, Iowa 52302

$1,099,000
Square Feet5,000
Country : US
State : IA
County : Linn
City : Marion
Zipcode : 52302
Status CategoryActive
Listing Agent
Karl Hoffman
SKOGMAN REALTY COMMERCIAL
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Features
2408145
Commercial
5,000 Sqft
Off Street
Frame
7th Ave (Hwy 151) in Marion to 501
Additional Details
Central Air
Central, Gas
Asphalt, Shingle
12-02-2024
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.

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