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Lot 2 Tower Terrace Rd, Marion, IA 52302

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Listing Type
Commercial/Industrial
Listing Status
active
3
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Commute
Transportation
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$2,188,890

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Home Details for Lot 2 Tower Terrace Rd
Price
$2,188,890
Type
Commercial/Industrial
Lot Size
6.7
County
Linn
MLS®️ Listing#
202401776
On exitrealty.com
502 days
Property Description
Shovel-ready site located on the Tower Terrace Road extension in Marion, near the Linn-Mar campus. This upscale professional park is home to ESCO Group, YMCA, UnityPoint, and other medical and retail users. Price includes a fully developed, level lot with utilities; fiber connectivity is available via IMON. Site size is flexible, with 2 to 6.7 acres available. Preliminary plat is complete; owner will final plat to a buyer’s specific lot size. The City’s new comprehensive plan designates the area as “MU – Mixed Use.” This allows for higher-intensity residential development (over 14 units/acre), including stand-alone multifamily or upper-story residential. The commercial component is intended to complement the residential use with services such as medical or dental clinics, personal services, daycare, assisted living, grocery, retail, restaurants, cafes, and more. Mixed-use developments will be evaluated for mobility, layout, and public open space integration.
Property Features
School Information

School Information for Lot 2 Tower Terrace Rd

Elementary School
LinnMar
Middle School
LinnMar
High School
LinnMar
Listing Courtesy: GLD Commercial Real Estate Advisors - 319-731-3410. Presented by: Adam Gibbs
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$2,188,890

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