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Skogman Realty Logo Active Commercial Retail

501 7th Avenue, Marion, Iowa, 52302, USA

USD $995,000
Reference ID: 2408145 Web ID: ybpn4
  • 3.5 years remaining on lease

  • Full renovation and addition in 2017

  • New roof installed in 2020

  • New parking lot asphalt in 2022

  • $50,000 interior refresh recently completed

Fantastic investment opportunity with a regional Anytime Fitness franchisee that just completed a $50,000 interior refresh. 3.5 years remaining on a 6-year lease, with rate bumps. Tenant is responsible for property taxes; LL pays for maintenance and building insurance. The building is in great shape with lots of recent improvements including: Full interior/exterior renovation and addition in 2017 including new HVAC, new roof in 2020, new parking lot asphalt in 2022. Highly visible location with a strong traffic count!
  • Transaction Type: Commercial
  • Property Type: Retail
  • Status: Active
  • Area: 5,000 sf
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Businesses Nearby

Naso's Marion

(0.5 miles away)

Café by Country Kitchen

(0.5 miles away)

West End Diner

(0.2 miles away)

Goldfinch Tap + Eatery

(0.3 miles away)

The Eat Shop

(0.4 miles away)

the hip-stir

(0.4 miles away)

Napoli's Italian Restaurant

(0.7 miles away)

Morning Story - Marion

(1 mile away)

Ohana Poke Shop

(1 mile away)

Barrel House

(2 miles away)
Public Transportation

501 7th Ave

(0.5 miles away)
Airports

Marion Airport

(4 miles away)

Cedar Rapids Municipal Airport

(11 miles away)

Eastern Iowa Airport

(11 miles away)
Contact Skogman Realty
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Property Highlights

  • 3.5 years remaining on lease

  • Full renovation and addition in 2017

  • New roof installed in 2020

  • New parking lot asphalt in 2022

  • $50,000 interior refresh recently completed