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796 11th St
Marion, IA 52302
Asking Price
Contact for price
Asset Type
Restaurant Retail
Class
Class B
What's Special
796 11th St, Marion, IA 52302 <ul><li>Fully leased commercial condo unit in the heart of Uptown Marion</li><li>Sale includes three separate parcels: first-floor restaurant space, garage, and basement</li><li>Restaurant space was recently renovated and features a full catering-size kitchen</li><li>Tenant, BarTini's, is under a 5-year lease that commenced October 1, 2025</li><li>Tax abatement in place through 2030</li></ul>
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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547
