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In-PersonVirtual Tour
$ 699,000
Est. payment | /mo
3,958 Sqft Lot
$ 699,000
Est. payment | /mo
3,958 Sqft Lot
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 202606108
Year Built 1894
Annual Tax Amount $10,626
Tax Year 2025
Lot Size 3,958 Sqft
Acres 0.06
Property Sub-Type Commercial
Property Description
Excellent investment opportunity in the heart of Uptown Marion! This historic 3,958 SF mixed-use property offers diversified income with a 1,967 SF street-level retail storefront occupied by the Marion Chocolate Shop, along with 1,991 SF of second-floor apartment and studio office space occupied by two tenants. The property underwent extensive renovations completed in 2024, including updates to electrical, windows, doors, flooring, exterior masonry, cabinetry, appliances, and more. Prominently located along 7th Avenue in the heart of Uptown Marion, this property offers an opportunity to acquire a beautifully renovated, income-producing asset in a desirable commercial district. All prospective buyers must execute an NDA prior to receiving financial information. Minimum 24-hour notice required for all showings.
Location
State IA
County Linn
Zoning U-1
Direction 7th Ave into Uptown Marion, across from Central Plaza
Interior
Heating Central
Cooling Central Air
Flooring Wood
Exterior
Utilities Available Electricity Available, Natural Gas Available, Sewer Available, City Water
Roof Type Other
Building
Lot Size Range Less Than Half Acre
Structure Type Brick,Frame
Others
Tax ID 15062-40007-00000
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Special Listing Condition Standard
Listed by GLD Commercial Real Estate Advisors
NEARBY SCHOOL & BUSINESS