3
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$631,620
Est. payment /mo
2.9 Acres Lot
Active
LOT 3 TOWER TERRACE RD Marion, IA 52302
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Key Details
Property Type Vacant Land
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID 2402121
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 Rd extension near the Linn-Mar campus. This upscale professional park is home to ESCO Group, YMCA, UnityPoint, & 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 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/ac), including stand-alone multifamily or upper-story residential. The commercial component is intended to complement the residential use with services such as medical/dental clinics, personal services, daycare, assisted living, grocery, retail, restaurants, cafes, & more. MU developments evaluated for mobility, layout, & public open space integration.
Location
State IA
County Linn
Area Marion
Interior
Interior Features InteriorFeatures
Fireplace No
Exterior
Utilities Available Electricity Available, Natural Gas Available
Water Access Desc Public
Street Surface Paved
Building
Lot Description Level
Sewer Public Sewer
Water Public
Others
Tax ID LOT 3 TOWER TERRACE RD
Acceptable Financing Cash, Conventional
Listing Terms Cash, Conventional
Virtual Tour https://www.propertypanorama.com/instaview/cdr/2402121
Listed by GLD COMMERCIAL
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