Property Description

Turnkey investment opportunity featuring a regional Anytime Fitness franchisee in a highly visible, high-traffic location. Recently completed a $50,000 interior refresh, demonstrating continued commitment to the space and long-term operation.

There are just under 2 years remaining on the current 6-year lease, which includes scheduled rental increases. Tenant is responsible for property taxes, while the landlord covers maintenance and building insurance.

The property has been well maintained with significant capital improvements, including a full interior and exterior renovation with an addition in 2017 (new HVAC installed at that time), a new roof in 2020, and new asphalt parking lot in 2022.

Strong tenant, solid improvements, and excellent visibility make this a compelling addition to any investment portfolio.

Features
: Central, Gas
: Central Air
: Concrete
: Public Sewer
: Electricity Available, Natural Gas Available
: Display Window(s)
Address Map
IA
Linn
Marion
52302
7th
501
Avenue
W92° 24' 4.6''
N42° 1' 58.7''
7th Ave (Hwy 151) in Marion to 501
Marion
Comm
MLS Addon
SKOGMAN REALTY
Tim Nash
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Additional Information
: Frame
220 Volts
: One
Irregular
2024-12-02
995000
1
1
https://www.propertypanorama.com/instaview/cdr/2408145
: Public
Financial
15782.0
Listing Information
NASHTIM121
CSKN
Cash, Other
Active
2026-02-16T21:00:42Z
CDR
2026-01-05T09:15:53Z

501 7th Avenue, Marion, Iowa 52302 - Commercial Sale For Sale

501 7th Avenue, Marion, Iowa 52302

5,000 Sqft
$949,900
Listing ID #2408145
Basic Details
Property Type : Commercial Sale
Listing Type : For Sale
Listing ID : 2408145
Price : $949,900
Square Footage : 5,000 Sqft
Year Built : 1999
Status : Active
F 150 : Off Street
Property Sub Type : Investment
Roof : Asphalt, Shingle
Agent info
Twenty40 Real Estate + Development
2496 Roycroft Alley
Contact Agent