600 Lindale Dr Marion, IA 52302
- Retail properties
- 0.78 lot acres
Current Use by Public Records
- Retail properties
Property Details for 600 Lindale Dr
- Year built
- 2001
- Lot size
- 0.78 lot acres
- Property type
- Retail properties
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Linn
- State
- Iowa
- Longitude
- -91.6225
- Latitude
- 42.0339
