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796 11th St
AI Property Summary
Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).
- Retail restaurant property currently available for purchase in Marion.
- The asking price for this commercial asset is $795,000.
- Current performance metrics indicate a cap rate of 6.7%.
- Located in an established market within the Cedar Rapids metro.
- Suitable for restaurant operators and commercial real estate investors.
What's Special
This retail restaurant property at 796 11th St in Marion, Iowa, is currently offered for sale. Positioned within a growing regional market, the facility serves the surrounding residential and commercial community. Prospective investors or owner-operators may consider this space for various dining concepts, given its functional layout and footprint in a well-established submarket. The city of Marion continues to see steady development, benefiting from its proximity to major transportation corridors and the broader Cedar Rapids metropolitan economy. With an asking price of $795,000, the asset currently reflects a 6.7% cap rate. The layout provides the infrastructure necessary for restaurant operations, catering to tenants or businesses looking to secure a presence in a stable Iowa suburb. Its strategic location supports high visibility and accessibility for local patrons and regional commuters alike, making it a viable addition to a diversified commercial real estate portfolio.
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