501 7th Avenue is a $999,950, 5,000 square foot home on a 0.53 acre lot located in Marion, IA.
Fantastic investment opportunity with a regional franchisee operating over 20 Anytime Fitness locations. 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 renovation and addition in 2017 including new HVAC, new roof in 2020, new parking lot asphalt in 2022. Great location and traffic count!
Interior Features | Flooring - Concrete Tenant Pays (Income) - Janitorial Service Window Features - Display Window(s) |
Cooling Types | Cooling - Yes Cooling - Central Air |
Heating Types | Central Heat Heating - Yes Tenant Pays (Income) - Heat |
Parking Types | Off Street |
Exterior Features | Utilities - Electricity Available Utilities - Natural Gas Available Electric - 220 Volts Tenant Pays (Income) - Electricity Tenant Pays (Income) - Taxes Tenant Pays (Income) - Trash Collection |
Roof | Asphalt Shingle |
Construction Types | Frame |
Water Source | Public Tenant Pays (Income) - Water |
Sewer | Public Sewer |
Date on Market | 06/15/2023 |
Property Type | Commercial Sale |
Property Sub Type | Mobile Home |
Year Built | 1999 |
HOA Fee | $0.00 |
Taxes | $19,501.00 |
County | linn |
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