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6200 N. Gateway Drive Marion, IA 52302 Commercial - Business Active

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Description

Victory Gymnastics has called this building home for the last 10 years. They have outgrown this facility and have made the decision to relocate to a new location to be able to better accommodate their customers needs. This is a rare opportunity to own a stand alone building in a fast growing area of Marion. The surrounding area is developing quickly with a mix use of buildings including a truck stop, vet clinic, multi family & many dining options just across the highway. Traffic counts at 151 & 62nd Street = 16,000+/day. This property consists of 15,000 sq. ft. of floor space as well as an additional 4,375 sq. ft. of mezzanine area. The main floor features a foyer area, receptionist desk, private office, men's & women's restrooms, a kitchenette, large waiting/open area, as well as 2 other large rooms that could be renovated into offices, etc. (4.365 sq ft.) There is 10,625 sq ft. of open shop/gym area that features 22' sidewalls, heat & A/C, and the building is fully sprinkled. The shop/gym area has 1 12x12 OH door. The building would make a great location for a warehouse/showroom space or just about any use that requires office and warehouse space. This building does have a deed restriction as well as a lease restriction prohibiting another gymnastics, ninja warrior, or trampoline type use to occupy the building. All signs including the monument sign located at the corner of 62nd St & N. Gateway will be removed prior to closing.

Property Highlights

Property Type: Commercial - Business
Building Description: 1.0 stories
Year Built: 2015
Lot Size: 1.58 acres

General Information

County: Linn
Listed By:
POTTER REAL ESTATE 319-377-5056 Charlie Potter
Cedar Rapids MLS
$1,985,000
Est. $12,990/mo
Active
SQUARE FEET15,000 MLS#2508040
STATUSActive PROPERTY TYPECommercial - Business

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Agent Name: Jamie Wiley
Agent Phone: (224) 383-8365
Agency Title: Ruhl&Ruhl Realtors
Agent Email:

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6200 N. Gateway Drive, Marion, IA 52302.

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Loan Type FHA 30 Year FixedVA 30 year fixed30 yr Jumbo
Purchase Price $1,985,000$1,985,000$1,985,000
Down Payment $69,475$0$397,000
Monthly Mortgage Amount $11,843$12,320$9,649
Taxes $2762$2762$2762
Insurance $100$100$100
HOA/Dues/Fees $0$0$0
Monthly Mortage Insurance $1,191$0$0
Monthly Estimated Total $16,375$15,661$12,990

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About this area

Iowa/Marion
Marion

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Find homes for sale in Marion, IA and learn about the local community and real estate market.

Full of history, Marion, IA is in the top ten of places to raise families. The city is located on the Northeast border of Cedar Rapids and offers all the amenities of big city living while still being a great place to raise a family. Marion, Iowa is one of the youngest cities per capita in the Midwest with its 36,000 residents.

Its Parks and Recreation Department maintains over 600 acres of public ground with a combined total of 41 parks and green spaces. These facilities are used year-round with fun, family-friendly events. Check out music on City Square, the May Arts festival, or the Fall Into Marion festival.

If you’re looking to relocate, Ruhl&Ruhl Realtors has plenty of homes for sale in Marion, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marion and if you need to do a little more research before buying, check out the pages below for additional options:

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Marion is located outside of Cedar Rapids. View homes for sale in the Cedar Rapids area for more real estate options.

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Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776

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