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- Back of Building A; Building B
$1,465,000
Active
415 62nd Street Overview
- Time on Site:
- 53 days
- Visits:
- 17
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.
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415 62nd Street Facts & Features
- Type Commercial
- Sq. ft. 19,592
- Price/Sq.ft. $75
- Lot 1.48 Acres
Details
General
Building Information
- Year Built: 2004
Location/Region
- County Or Parish: Linn
- MLS Area Major: Marion
- Postal City: Marion
Rent/Lease Information
- Lease Considered: false
Tax Information
- Tax Annual Amount: 48490.0
General Information
- Inclusions: Building,Land
- Listing Terms: Cash,1031 Exchange
- Parcel Number: 15041-77002-00000
- Property Sub Type: Warehouse
- Property Type: Commercial Sale
- Zoning: M-2
Interior
Beds/Baths
- Bathrooms Total: 0
General Information
- Basement: false
- Building Features: Multi-Tenant,Overhead Doors
- Cooling: See Remarks
- Electric: 220 Volts
- Flooring: Concrete
- Heating: See Remarks
- Levels: One
- Living Area: 19592.0
- Stories: 1
- Stories Total: 1
Exterior
Parking Information
- Parking Features: Off Street
Lot Information
- Lot Size Acres: 1.48
- Lot Size Area: 1.48
- Lot Size Dimensions: 1.48
- Lot Size Units: Acres
- Water Source: Public
Building Exterior/Construction
- Construction Materials: Frame
- Roof: Metal
General Information
- Sewer: Public Sewer
- Utilities: Electricity Available,Natural Gas Available
415 62nd Street Neighborhood
Community
52302 (Marion) Demographics
39
Median Age
562
Population Density (per sq. mile)
51%
College Educated
$74,630
Estimated Median Income
12,712
Estimated Total Home Owners
3,710
Estimated Total Renters
77% / 23%
Estimated Owner / Renter Divide
3
Estimated Average Household Size
Schools
School data courtesy of LiveBy, Inc. School ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating.415 62nd Street Monthly Cost
415 62nd Street Market Data
Based on the last 30 days in this zip code
$388,041
Average List Price
$173
Average Price per Square Foot
0
Properties Sold
71
Average Days on Market
259
Properties for Sale
415 62nd Street History
| Date | Value | Agent |
|---|---|---|
| 5/13/2026Source: Iowa City MLS | Active |
|
| 5/7/2026Source: Iowa City MLS | May 07, 2026 |
|
| 5/7/2026Source: Cedar Rapids Area MLS | May 07, 2026 |
Listing provided courtesy of GLD COMMERCIAL- MLS# 2603192