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    1038-1048 7Th Ave Marion, IA 52302

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    For Sale
    $1,100,000

    Prime Uptown Marion property with established pub and apartments.

    Property size:
    7,305 SF
    Lot size:
    0.11 Acres

    Property Features for 1038-1048 7Th Ave

    General Information

    Size
    7,305 SF
    Lot size
    0.11 Acres

    Source: GLD Commercial Agent Angie Glick

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Uptown Marion Mixed-Use Property

    Located in the heart of Uptown Marion along 7th Avenue, the property at 1038 & 1048 7th Avenue presents a rare opportunity in Marion’s dining and entertainment district. The property consists of a main level, which is home to Brick Alley Pub, a well-established local favorite. The pub could either vacate or sign a new lease and remain as a tenant. Above the pub are two spacious 2-bedroom apartments, each approximately 1,500 square feet, renting for $1,100 and $1,200 per month. The property benefits from its location within the Artway in the Alley, offering outdoor seating and event space. The property has direct access to Uptown Artway with patio seating for live music and events. This is a unique opportunity for an investor or owner-occupant to own a prime piece of Uptown Marion real estate directly across from City Square Park. The property size is 7,305 square feet.
    Location Intelligence

    Current Use by Public Records

    Pubs

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Linn
    State
    Iowa
    Longitude
    -91.5988211
    Latitude
    42.0335418

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    FAQs

    What type of property is this?
    Pub - Prime Uptown Marion property with established pub and apartments.
    Where is this pub located?
    The property is located at 1038-1048 7Th Ave Marion, IA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime location in the heart of Uptown Marion's dining and entertainment district.; - Rare opportunity to own property directly across from City Square Park.; - Existing income from two spacious 2-bedroom apartments.
    (319) 731-3400
    Request Owner's contact information
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    Marion, IA 52302
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1038-1048 7Th Ave Marion, IA 52302
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