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    958 7Th Ave Marion, IA 52302

    Sponsored
    For Lease
    Contact for pricing

    Downtown Marion retail & office space.

    Lot size:
    2,875 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use build-to-suit opportunity is located in the heart of Downtown Marion, Iowa, at 958 7th Ave, zip code 52302. The property, situated on a 0.06-acre lot in Linn County, offers a total building area of 2,875 square feet. Currently, one retail space of 1,500 square feet is available. The property's zoning allows for a variety of uses, including retail, medical, office, and potentially a multifamily component, making it highly versatile and adaptable to a wide range of business needs. Conceptual renderings are already available, streamlining the development process. This presents a unique chance for a tenant to own a property with a low land basis, offering significant long-term value and control. The property is ideally suited for businesses seeking a prominent location in a thriving downtown area. The multiple tenancy option allows for flexibility in design and use, catering to diverse business requirements. This build-to-suit opportunity provides a chance to create a space perfectly tailored to your specific needs and vision. The property's central location in Marion, Iowa offers excellent visibility and accessibility.

    Property Features for 958 7Th Ave

    General Information

    Property type
    Specialty properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    2,875 SF

    Unit(s) available at that property

    Space
    Available Space 1
    Size
    1,500 SF

    HighLights

    • Exceptional mixed‑use build‑to‑suit opportunity in Downtown Marion, IA (958 7th Ave, 52302).
    • 0.06‑acre lot in Linn County with 2,875 sq ft building; 1,500 sq ft retail space currently available.
    • Zoning allows retail, medical, office, and potential multifamily uses.
    • Conceptual renderings available; low land basis offers long‑term value.
    • Prominent downtown location with excellent visibility and accessibility.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Linn
    State
    Iowa
    Longitude
    -91.5998169
    Latitude
    42.0334947

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    FAQs

    What type of property is this?
    Specialty property - Downtown Marion retail & office space.
    Where is this specialty property located?
    The property is located at 958 7Th Ave Marion, IA.
    What are key features of this property?
    This property features: Exceptional mixed-use build-to-suit opportunity in Downtown Marion, IA (958 7th Ave, 52302).; 0.06-acre lot in Linn County with 2,875 sq ft building; 1,500 sq ft retail space currently available.; Zoning allows retail, medical, office, and potential multifamily uses.
    Request Owner's contact information
    958 7Th Ave Marion, IA 52302
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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
    958 7Th Ave Marion, IA 52302
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