Property summary
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
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Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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from $99/month
Cap rate
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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