Property photo 1
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0 Baths

$1,350,000

415 62nd St, Marion IA, 52302

Price per sqftN/A
Built in2004
Property typeCommercial

Overview

Active

Listed May 6, 2026

Updated 10 days ago

Fully leased industrial property in Marion consisting of two buildings on a single parcel. The property includes 12 units ranging in size from approximately 466 SF to 2,850 SF, providing a mix of small-bay spaces. The property has maintained strong historical occupancy and offers consistent in-place income. Leases are currently structured on a gross basis, presenting an opportunity to transition to NNN and improve expense recovery. Additional upside may be achieved through modest improvements and rent adjustments.

Additional information

MLS® ID
202603020

Interior Features

Bathrooms
0
Basement
No

Exterior Features

Lot Size
0.45 Acres

Other Property Details

Taxes
$34,294
Tax Frequency
Annually

 

Courtesy of GLD Commercial Real Estate Advisors, ,
Listing Contact: 319-821-0028 

All information deemed reliable but not guaranteed and should be independently verified. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) nor Blank & McCune Real Estate shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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