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Remodeled Mixed-Use Gem in Marion

448 7th Ave, Marion, IA 52302

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For Sale

$225,000

COMMERCIAL - Marion, IA

Type:Office

Property size:

2,023 SF

Price / SF:

$111/SF

HighLights

Prime location at the entrance to historic Uptown Marion with high traffic and visibility
Fully remodeled and turnkey, ready for immediate occupancy and business operation
Updated apartment with private entrance provides rental income potential
Flexible main floor layout suitable for various business types (boutique, cafe, office)
Handicap‑accessible features and off‑street rear parking for customer convenience
New electrical, washer/dryer hookups, owned water softener, and dehumidifier included

We can help!

Contact an agent

Jim Zachar

For Sale

$225,000

COMMERCIAL - Marion, IA

Type:Office

Property size:

2,023 SF

Price / SF:

$111/SF

Added:: Feb 16, 2026
Days on Market:: 141
Last Refresh:: Jul 7 at 12:06 pm

Property Features for 448 7th Ave

General Information

Property type: Commercial Sale
Property subtype: Office
Zoning: UTC-1
Rooms: Basement
Standard status: Active
APN: 140113101800000
Size: 2,023 SF

Taxes and HOA fees

Tax Description: E60' S120' Lot 10 in Lot 8 Irr Sur NE
Tax Annual Amount: 4172

Building Details

Year built: 1900
Flooring type: Concrete, Wood
Building materials: Frame
Roof type: Shingle

We can help!

Contact an agent

Jim Zachar

Listing agent Jim Zachar

Listing office Realty87 5408 BLAIRS FOREST WAY NE, Cedar Rapids, IA

Listing date Feb 16, 2026

MLS# 2601024

Copyright © 2026 Cedar Rapids Area Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

HighLights

Prime location at the entrance to historic Uptown Marion with high traffic and visibility
Fully remodeled and turnkey, ready for immediate occupancy and business operation
Updated apartment with private entrance provides rental income potential
Flexible main floor layout suitable for various business types (boutique, cafe, office)
Handicap‑accessible features and off‑street rear parking for customer convenience
New electrical, washer/dryer hookups, owned water softener, and dehumidifier included

Overview

Located in the heart of Marion, this fully remodeled 2-story property offers an opportunity at the entrance to historic Uptown Marion. The property benefits from prime visibility and steady high traffic. The turnkey property features updates throughout, including new electrical and handicap-accessible features. An off-street rear parking lot provides easy access. The main floor is suitable for various business ideas, such as a boutique, lunch cafe, tearoom, or office space. Flexible walls allow for layout customization. Additional features include 2 bathrooms, washer/dryer hookups, an owned water softener, a dehumidifier, a clean dry basement, and a storage area with a floor drain and hot/cold water. The upstairs features an updated apartment with a private entrance, suitable for rental income. The property is zoned UTC-1 and has a size of 2023 square feet.

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

NOI Build-Up

Component	$	$/SF
Gross rent	$31.3k	$15.47
− Vacancy	−$2.6k	−$1.31
EGI	$28.7k	$14.16
− OpEx	−$10.7k	−$5.31
NOI	$17.9k	$8.85

2,023 SF · lease $15.47/SF/yr · vacancy 8.44% · expense 37.50%

Alternative Uses

Best Use

Mixed Use

$255.8K

$223.9K – $298.5K (±1% cap)

NOI $17,909 @ 7.0% cap · market cap 7.96%

Second Best

Apartment 5plus

$199.4K

$174.5K – $232.6K (±1% cap)

NOI $13,956 @ 7.0% cap · market cap 6.20%

Theoretical Best

Self Storage

$340.5K

$297.9K – $397.2K (±1% cap)

NOI $23,833 @ 7.0% cap · market cap 10.59%

Zoning and permitted uses should be independently verified with local authorities.

Property Profile Location Intelligence

Current Use by Public Records

Office Units

Suggested Use

Location Insight

Map
Local Demand

City: Marion
County: Linn
State: Iowa
Longitude: -91.605758
Latitude: 42.0335628

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For sale
Mixed-use properties
IA
Marion
52302
448 7th Ave

What type of property is this?

Mixed-use property - Charming, remodeled 2-story property in historic Uptown Marion.

Where is this mixed-use property located?

The property is located at 448 7th Ave Marion, IA.

What is the asking price?

The asking price for this property is $225,000.

What are key features of this property?

This property features: Prime location at the entrance to historic Uptown Marion with high traffic and visibility; Fully remodeled and turnkey, ready for immediate occupancy and business operation; Updated apartment with private entrance provides rental income potential

448 7th Ave, Marion, IA 52302

COMMERCIAL - Marion, IA

Property Features for 448 7th Ave

General Information

Taxes and HOA fees

Building Details

We can help!

HighLights

Overview

Local Financial Insights For Mixed Use

Simulate Cap Rate and NOI

Alternative Uses

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Engineered Steel Building with Overhead Doors

Stand-Alone Flex Warehouse and Office

All-Brick Multi-Office Building

Professional Office Suite

Industrial Shop with Overhead Door

Side-by-Side Duplex Income Property

Turn-of-Century Duplex Investment

Retail Space in High-Traffic Location

Retail Space in High-Traffic Area

Marion Duplex: Investor Opportunity

Two-Unit Duplex Income Property

Retail Space in Multi-Tenant Strip Center

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