1621 6th Ave, Marion, IA 52302
LAND For Sale| Space | Size | Type | Pricing |
|---|---|---|---|
| Marion Development Site for Sale - 1.12 Acres | SALE | $241,500.00 |
Angie Glick - GLD Commercial
PHONE: 3197313409
Rachel Waters - GLD Commercial
PHONE: 3197313435
Location Overview Excellent central Marion location within walking distance to a variety of restaurants, the public library, Vernon Middle School, and other amenities. Property Overview 1.12-acre development site located along 6th Avenue in Uptown Marion, zoned UTR-2 (Urban Transition Residential 2). Concept plans illustrate a 20-unit executive-level multifamily project featuring 2-bed/2-bath units with attached garages. Additional units may be feasible depending on final site configuration. Contact listing agent for details. Market analysis estimates housing demand from 2022-2030 as follows: • Market Rate Rentals Needed: 595 units; • Shallow - Subsidy: 306 units; • Deep - Subsidy: 48 units Property Highlights • Development site ideal for multifamily • Limited opportunity to purchase land near Uptown Marion.