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501 7th Avenue, Marion, IA 52302
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$1,049,000
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Home Details for 501 7th Avenue
Price
$1,049,000
Type
Commercial/Industrial
Year Build
1999
Sq. Ft.
5000
County
Linn
Tax
$15,782
MLS®️ Listing#
2408145
On exitrealty.com
297 days
Property Description
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!
- Heating Information
- Natural Gas
- Central
- Utilities
- Electricity Available
- Natural Gas Available
- Cooling Information
- Central Air
- Water Features
- Public
- Parking
- Off Street
Listing Courtesy: SKOGMAN REALTY COMMERCIAL - 319-363-8286. Presented by: Karl C Hoffman
The data relating to real estate for sale on this website comes in part from the Internet Data exchange (IDX) program of the Cedar Rapids Area Association of REALTORS®. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright ©2025 Cedar Rapids Area Association of REALTORS®. All Rights Reserved.
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$1,049,000
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EXIT EASTERN IOWA REAL ESTATE
1965 51st St. N.E Suite A, Cedar Rapids, IA 52402