1155 Grand Ave, Marion, IA 52302-5216
- Strip malls
- 19,533 SF
- 3.44 lot acres
Current Use by Public Records
- Strip malls
Property Details for 1155 Grand Ave
- Year built
- 1966
- Lot size
- 3.44 lot acres
- Property type
- Strip malls
- Property subtype
- Shopping centers
- APN
- 15-07-2-26-003-0-0000
- APU
- 150722600300000
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Jun 13, 2024 | $770,000 | John Khairallah | The United Methodist Church | Warranty Deed | — |
| Nov 16, 2016 | — | Living Water United Methodist | — | Deed · related | $670k · Hills Bk&tr |
| Aug 6, 2009 | — | Living Water United Methodist | — | Trustees Deed · related | $35k · Hills Bank & Trust Co |
| Dec 4, 2006 | $775,000 | Living Water United Methodist | Grand Avenue Dev Lc | Grant Deed | — |
| — | — | Living Water United Methodist | — | Deed Of Trust · related | $657k · Hills Bk&tr |
| — | — | Living Water United Methodist | — | Deed Of Trust · related | $126k · Hills Bank & Trust Co |
| — | — | Living Water United Methodist | — | Loan Modification · related | $670k · Hills Bk&tr |
| — | — | Living Water United Methodist | — | Deed Of Trust · related | $668k · United Security Savings Bk Fsb |
Description
This exceptional commercial property, located at 1155-1199 Grand Avenue in Marion, Iowa, offers a prime opportunity for businesses seeking flexible office space. The single-story building, constructed in 1966, encompasses 19,533 square feet and sits on a generous 3.44-acre lot. Currently, 1,720 square feet of office space is available, divisible into units ranging from a minimum of 600 square feet to a maximum contiguous space of 1,120 square feet. The property is zoned BC, Community Business, and features abundant on-site parking. Benefit from excellent visibility and high traffic counts, with an average daily traffic volume of 11,000 vehicles, as reported by the Iowa Department of Transportation. The lease is a modified gross rate, with tenants responsible for utilities and internet. This location provides easy access for employees and clients alike, making it an ideal choice for a variety of businesses. The property's APN is 150722600300000. This is a rare opportunity to secure well-located, adaptable office space in a thriving community. Inquire today to learn more about lease terms and available suite configurations.
Value Estimations
-
AI approach
- Method
- Estimation
- Statistic approach
- $770,000
- ML approach
- $770,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $965,000
- AI Estimate
- $543,000
Market price range: $770k - $2.89MMarket price range: $403k - $1.67M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Linn
- State
- Iowa
- Longitude
- -91.5975
- Latitude
- 42.0199
- CBSA code
- 16300
- CBSA name
- CEDAR RAPIDS, IA METROPOLITAN STATISTICAL AREA
