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Flex Space with Heated Shop
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For Lease
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4281 3rd Avenue, Marion, IA 52302

M-2-zoned space combines warehouse and shop areas with customer reception space and off-street parking.

Space SizeContact for details
Days on Market4

Property Features for 4281 3rd Avenue

General Information

Standard status Active
Property subtype Com Lease
Zoning M-2
Lease Type Net

Additional Details

Clear Height 16 ft

Taxes and HOA fees

Annual Taxes $29,648

Amenities

Concrete
Yes
1
No
Public
1.68
73181
Off Street

Building Details

Year Built 2015
Stories 1
Listing Agency: AWRE - Commercial & Development
Listed By: Katie Sisson
Source: Pinnaclerealtyia
Added: Oct 7 Last Checked: Oct 9 at 6:09PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of AWRE - Commercial & Development

Investment Insights

Based on property information with market context.

This 7,000-square-foot flex property, built in 2015, includes a heated shop with 16-foot ceilings, 14-foot overhead doors, floor drains, and LED lighting. A shop office and separate restroom serve the work area, while the reception and waiting area has heating and cooling. Current tenant equipment is excluded from the lease.

The property is in Marion and offers off-street parking. Zoning is M-2. Lease terms include annual rental rate increases.

Key Highlights

  • 7,000 square feet of flex space
  • M‑2 zoning
  • Heated shop with 16‑foot ceilings and 14‑foot overhead doors

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Big Box & Wholesale Store Hair Salon Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

16 ft
Clear height
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

315
Businesses Nearby
Balanced
Demand for This Use

Demographics for 52302, IA

43,130
Population
18,153
Households
2.4
Avg Household Size
39
Median Age
39%
College-Educated
97%
High-School Grad
74.3 sq mi
ZIP Area
580
Density / Sq Mi
$87,463
Median Household Income
$50,234
Median Earnings
$963
Median Rent
$232,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
Rey
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Similar Off Market Nearby

  • Hy-Vee Catering — 3600 US-151, Marion, IA 52302

Frequently Asked Questions

What type of property is this?
Flex space - M-2-zoned space combines warehouse and shop areas with customer reception space and off-street parking.
Where is this flex space located?
The property is located at 4281 3rd Avenue Marion, IA.
What are key features of this property?
This property features: 7,000 square feet of flex space; M‑2 zoning; Heated shop with 16‑foot ceilings and 14‑foot overhead doors
More about this property
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