IA > Marion > Stonefield Commercial
Marion, IA 52302,Lot 3 Tower Terrace Rd
Marion, IA 52302,Lot 3 Tower Terrace Rd
Marion, IA 52302,Lot 3 Tower Terrace Rd
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Diana Salazar

Diana Salazar

+1(319) 722-1022
$ 631,620
Est. payment | /mo

2.9 Acres Lot

Save
$ 631,620
Est. payment | /mo
Save

2.9 Acres Lot

Key Details

Property Type Vacant Land

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Subdivision Stonefield Commercial

MLS Listing ID 202401777

HOA Y/N No

Lot Size 2.900 Acres

Acres 2.9

Property Sub-Type Commercial

Property Description

Shovel-ready site located on the Tower Terrace Road extension in Marion, near the Linn-Mar campus. This upscale professional park is home to ESCO Group, YMCA, UnityPoint, and other medical and retail users. Price includes a fully developed, level lot with utilities; fiber connectivity is available via IMON. Site size is flexible, with 2 to 6.7 acres available. Preliminary plat is complete; owner will final plat to a buyer's specific lot size. The City's new comprehensive plan designates the area as “MU – Mixed Use.” This allows for higher-intensity residential development (over 14 units/acre), including stand-alone multifamily or upper-story residential. The commercial component is intended to complement the residential use with services such as medical or dental clinics, personal services, daycare, assisted living, grocery, retail, restaurants, cafes, and more. Mixed-use developments will be evaluated for mobility, layout, and public open space integration.

Location

State IA

County Linn

Zoning Community Business

Direction 10th Street north to Tower Terrace, west on Tower Terrace near 3rd St

Rooms

Other Rooms None

Exterior

Community Features Sidewalks, Street Lights, Close To School, Curbs

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Phone Available, City Water

Present Use Other

Topography Level

Building

Lot Size Range Two To Five Acres

Schools

Elementary Schools Linn Mar

Middle Schools Linn Mar

High Schools Linn Mar

Others

Acceptable Financing Cash, Conventional

Listing Terms Cash, Conventional

Special Listing Condition Standard

Listed by GLD Commercial Real Estate Advisors

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Diana Salazar
Diana Salazar

Agent | License ID: S67677000

+1(319) 722-1022

2530 Corridor Way Suite 202, Caralville, Iowa, 52241, United States

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Lot 3 Tower Terrace Rd