Property profile

3243 Epic Dr Marion, IA 52302

OFF-MARKET
Wedding venues
18,630 SF 9.11 ac lot Built 2006
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Property summary

AI-generated overview

This exceptional investment opportunity presents two buildings totaling 18,630 square feet on a sprawling 9.11-acre lot in Marion, Iowa. The property, located at 2987 & 3243 Epic Dr, features a main event space of 10,800 square feet and a 7,830 square foot warehouse, perfect for storage or additional event preparation. Built in 2006 and renovated in 2019, this single-story complex is zoned C-2 Highway Commercial, offering significant flexibility for various uses. The property is currently configured as an event center, ideal for weddings and other large gatherings. The asking price is $3,200,000, representing an attractive owner/user investment opportunity. Detailed information, including the offering memorandum, is available upon request. The property's location in Linn County, Iowa, provides easy access to major transportation routes and a thriving community. This turnkey operation is ready for a new owner to continue its success or adapt it to other compatible commercial ventures. The property's substantial size and versatile layout offer considerable potential for expansion and increased revenue generation. This is a rare opportunity to acquire a well-maintained, established event center with significant upside potential. The property's APN is 11103-51002-00000.

Property profile

Verified
Property type Wedding venues
Year built 2006
Total area 18,630 SF
Lot 9.11 ac (396,832 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

3243 Epic Dr Marion, IA 52302
Marion metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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