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1107 7th Avenue, Marion, IA 52302

MLS Number: 2301035   |   Subtype: Commercial   |   Area: Marion
$ 10,500,000

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 bays–anticipated for food and beverage tenants—anchor each end of the property, while micro retail bays—ideal for new businesses starting out—fill 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 property’s 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.

Property

  • County: Linn
  • Lot Size: 32234
  • Acres: 0.7400
  • Year Built: 2022
  • Zoning: U2
  • Gross tax: $158,350.00

Building

Total Building SF: 47,154
Ceiling Height: 7ft-10ft,11ft-14ft

Utilities

Utilities: Electric,Gas
Heating/Cooling: Central Air, Central Heat, Gas Heat
Power Available: 220 Volt

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