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    OFF-MARKET
    Wedding venues

    3243 Epic Dr, Marion, IA 52302

    18,630 SF 9.11 ac lot Built 2006
    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Isalis (Bike/Boat/Book/etc) Store
    • Party City Party Supply Store (Bike/Boat/Book/etc) Store
    • Skunk Funk Big Box & Wholesale Store
    • Carl's Trading Co Hat Shop
    • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
    by Request
    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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