Property photo 1
Property photo 2
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 4 weeks 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 Cory Rath shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless.

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