Developers designed this three-story mixed-use property to activate the block and engage pedestrians by bringing the property and new commercial storefronts up to the sidewalk. Two large commercial baysanticipated for food and beverage tenantsanchor each end of the property, while micro retail baysideal for new businesses starting outfill out the remaining first floor. A Beer Hall, or indoor/outdoor gathering space, is anticipated in a second phase of construction to synergize activity at the future Plaza at City Square Park. The propertys second and third floors are devoted to 35 market rate residential units in a mix of efficiency, studio, 1 bedroom and 2-bedroom units, and a second floor office suite. See OM in attachments for more information.
- Price:
- $10,500,000
- Square Footage:
- 47,154
- Acreage:
- 0.74
- Year Built:
- 2022
- Listing ID #:
- 2301035
- Street Address:
- 1107 7th Ave
- City:
- Marion
- State:
- Iowa
- Postal Code:
- 52302
- County:
- Linn
- Community:
- Marion
- Listing Status:
- Active
- Listing Type:
- Commercial Sale
- Approximate Total Liveable Area:
- 47154
- Construction Description:
- Frame
- Features:
- Multi-Tenant
- Flooring:
- Concrete
- Type Of Roof:
- Membrane
- Year Built:
- 2022
- Business Description:
- Broad & Main
- Conforms To Zoning:
- U2
- Zoning Description:
- U2
- Days On Market:
- 104
- Included In Sale:
- Building, Land
- On Market Date:
- 2023-02-17
- Originating Mls:
- Cdr
- Terms:
- Cash
- Property Taxes:
- $158,350
- Cooling System:
- Central Air
- Electricity:
- 220 Volts
- Existing Water:
- Public
- Has Central Air Conditioning:
- 1
- Heating:
- Central, Gas
- Sewage Type:
- Public Sewer
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.
Your Payment
$1,400/mo
Source: CINC
- Listing Provided By Skogman Realty
