600 Lindale Dr, Marion, IA 52302
This exceptional investment opportunity encompasses two commercial buildings situated on a 0.78-acre lot at 600 & 620 Lindale Drive, Marion, IA. The property is priced at $1,350,000 and offers a diverse income stream generated from three established businesses. The first building houses a thriving car wash featuring four self-service bays and one automated tunnel wash. The second building comprises a successful laundromat and a separately leased bar. All three businesses are included in the sale. The buildings are equipped with solar panels, contributing to energy efficiency and potential cost savings. Detailed financial information for the laundromat and car wash, along with a comprehensive equipment list, is readily available upon request. This turnkey investment presents a unique opportunity to acquire established businesses with significant income potential, complemented by the added benefit of solar energy. The bar operates under a pre-existing lease agreement, providing a stable and predictable revenue stream. This property is ideally suited for an owner-operator or seasoned investor seeking a diversified portfolio with immediate cash flow. The location in Marion, IA offers excellent visibility and accessibility, ensuring continued success for the businesses. Serious inquiries are encouraged to explore this compelling investment opportunity further.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.