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    3243 Epic Dr Marion, IA 52302

    Sponsored
    For Sale
    $3,200,000

    Iowa Event Venue - 18,630 SF

    Property size:
    18,630 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    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 Features for 3243 Epic Dr

    General Information

    Property type
    Wedding venues
    Square Feet
    18,630 SF
    Lot Size
    396,832 SF

    Building Details

    Year Built/Renovated
    2006/2019
    Buildings
    2
    Stories
    1

    HighLights

    • 10,800 SF main event space.
    • 7,830 SF warehouse.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Restaurant Auto Repair Shop Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Linn
    State
    Iowa
    Longitude
    -91.65763095
    Latitude
    42.09780629

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    FAQs

    What type of property is this?
    Wedding venue - Iowa Event Venue - 18,630 SF
    Where is this wedding venue located?
    The property is located at 3243 Epic Dr Marion, IA.
    What is the asking price?
    The asking price for this property is $3,200,000.
    What are key features of this property?
    This property features: 10,800 SF main event space.; 7,830 SF warehouse.;
    (319) 731-3435
    Request Owner's contact information
    3243 Epic Dr 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
    3243 Epic Dr Marion, IA 52302
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