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462 7th Avenue

Marion, IA 52302
  • $195,000
  • STATUS: Active
  • ON SITE: 21 Days
  • MLS #: 2508863
UPDATED: 53 min ago
$195,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 1,794
    SQFT
  • $109
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1912
County:
Area:

School Ratings & Info

Description

Prime opportunity to own a mixed-use property along one of Marion's main entrances! The main level is currently set up for salon or beauty use but offers flexibility for retail or office. The apartment unit includes a 2-bed, 1.5-bath with private entrance, patio, and detached 2-stall garageideal for owner-occupancy or rental income. Updates include new roof, siding, gutters, and full interior remodel in 2019, plus newer HVAC. The new tenant in the commercial space just signed a 1-year lease through November of 2026 paying $1,125/mo. (includes utilities). Residential apartment leased through February of 2026 paying $1,425/mo (includes utilities). Client parking lot located along 7th Ave. Please allow 48 hours' notice for showings.

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© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-11-15T09:42:37.767.
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462 7th Avenue Marion, IA 52302

  • Price: $195,000
  • Status: Active
  • On Site: 21 Days
  • Updated: 53 min ago
  • MLS #: 2508863
0
Beds
0
Baths
0
½ Baths
0.14
Acres
1,794
SQFT
$109
$/SQFT
1912
Built
Neighborhood:
Marion
County:
Linn
Area:
Marion
Property Description
Prime opportunity to own a mixed-use property along one of Marion's main entrances! The main level is currently set up for salon or beauty use but offers flexibility for retail or office. The apartment unit includes a 2-bed, 1.5-bath with private entrance, patio, and detached 2-stall garageideal for owner-occupancy or rental income. Updates include new roof, siding, gutters, and full interior remodel in 2019, plus newer HVAC. The new tenant in the commercial space just signed a 1-year lease through November of 2026 paying $1,125/mo. (includes utilities). Residential apartment leased through February of 2026 paying $1,425/mo (includes utilities). Client parking lot located along 7th Ave. Please allow 48 hours' notice for showings.
Exterior Features

Construction Materials Frame Parking Features Off Street Roof Asphalt Shingle

Interior Features

Basement YN Yes Cooling Central Air Cooling YN Yes Flooring Wood Heating Central Heating YN Yes Levels Two

Property Features

Association YN No Building Features Multi- Tenant Pole Sign Electric 220 Volts Inclusions Building Land Lease Considered YN No Listing Terms Cash1031 Exchange Property Sub Type Office Property Sub Type Additional Office Retail Sewer Public Sewer Tax Annual Amount 3474 Utilities Electricity Available Natural Gas Available Water Source Public Zoning UTC-1 Zoning Description UTC-1

Listing information © 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service.
Listing provided courtesy of Rachel Waters of GLD COMMERCIAL: 319-731-3400.
© 2025 Cedar Rapids Area Association of REALTORS® Multiple Listing Service, Inc. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rosekrans Stines Team | RE/MAX Concepts. Data last updated: 2025-11-15T09:42:37.767.
 
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Cedar Rapids IA, 52411