Commercial Sale For Sale
5,000 Sqft - 7th, Marion, Iowa 52302
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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!

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!

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
2408145
Price:
$1,099,000
Baths:
0
Half Bathrooms:
0
Square Feet:
5,000 Sqft
Construction Year:
1999
Lot Size:
0 Acre
Country:
US
State:
IA
County:
Linn
City:
Marion
Zipcode:
52302
Status Category:
Active
Features
Heating:
Central, Gas
Cooling System:
Central Air
Parking:
Off Street
Roof:
Shingle, Asphalt
Construction:
Frame
Address Map
Street:
7th
Street Number:
501
Floor Number:
0
Longitude:
W93° 59' 0.1''
Latitude:
N42° 9' 57.8''
More Information
Office Name:
SKOGMAN REALTY COMMERCIAL
Agent Name:
Karl Hoffman
Directions:
7th Ave (Hwy 151) in Marion to 501
Zoning:
Comm
Lot Dimensions:
Irregular
LA1Agent Logon Name:
hoffmankarl121
LO1Main Office ID:
CSKN05
PriceChangeTimestamp:
12-02-2024
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
SKOGMAN REALTY COMMERCIAL
Additional Details
Central Air
Frame
12/02/2024
7th Ave (Hwy 151) in Marion to 501
Irregular