415 62nd St

415 62nd St, Marion, IA 52302

Property Information

  • For Sale $1,465,000
  • Property Type Industrial - Flex - Industrial
  • Property Size 19,592 SF
  • Units 13
  • Lot Size 1.48 Acre
  • Property Tenancy Multi-Tenant
  • Year Built 2004
  • Date Updated May 12, 2026
  • HVAC None

Description

Conveniently located in Marion less than 1/2 mile from both Hwy 13 and Hwy 151.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.Marion warehouse space for lease. Building B, Unit 5: Includes a service door, (1) 14'x12' overhead door, (1) 10' x 12' overhead door, electric service, Reznor gas heater, water connections, floor drain and a shared restroom with the adjacent tenant. Rent includes property tax, building insurance, CAM, water and trash.

Contacts

Rachel Waters

GLD Commercial

Location

Contact Listing Broker
Rachel Waters

GLD Commercial

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