Contact us: 563.441.1776
Description
Located in the heart of downtown Marion on the Square, this rare offering includes both the real estate and the well-known Tower Square Pizza business. Positioned for maximum visibility and foot traffic, the property is surrounded by thriving downtown businesses and benefits from a prime location. Major updates were completed in 2018-2019. The second floor offers a blank canvas, ready to be finished as office space, additional restaurant seating, apartments, or another use to match your vision. A large basement provides ample storage and added functionality. Situated within the TIF district, this property represents a valuable and hard-to-find opportunity in downtown Marion. Whether you choose to continue operating Tower Square Pizza as a beloved local staple or reimagine the space for a new business concept, this turnkey property is ready for immediate use and offers a rare chance to own a piece of downtown Marion.
Property Highlights
Property Type: Commercial - Business
Building Description: 2.0 stories
Available Sqft: 9039
General Information
County: Williamson
Listed By:
COLDWELL BANKER J D THOMPSON
pbarnett3004@gmail.com
RMLSA
MLS ID: PA1267931
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1207 Tower Square, Marion, IL 62959.
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| Loan Type | 30 Year Fixed | FHA 30 Year Fixed | 15 Year Fixed |
| Purchase Price | $975,000 | $975,000 | $975,000 |
| Down Payment | $195,000 | $34,125 | $243,750 |
| Monthly Mortgage Amount | $4,739 | $5,817 | $6,024 |
| Taxes | $1357 | $1357 | $1357 |
| Insurance | $100 | $100 | $100 |
| HOA/Dues/Fees | $0 | $0 | $0 |
| Monthly Mortage Insurance | $0 | $585 | $0 |
| Monthly Estimated Total | $6,380 | $8,043 | $7,665 |
About this area
Find homes for sale in Marion, IA and learn about the local community and real estate market.
Full of history, Marion, IA is in the top ten of places to raise families. The city is located on the Northeast border of Cedar Rapids and offers all the amenities of big city living while still being a great place to raise a family. Marion, Iowa is one of the youngest cities per capita in the Midwest with its 36,000 residents.
Its Parks and Recreation Department maintains over 600 acres of public ground with a combined total of 41 parks and green spaces. These facilities are used year-round with fun, family-friendly events. Check out music on City Square, the May Arts festival, or the Fall Into Marion festival.
If you’re looking to relocate, Ruhl&Ruhl Realtors has plenty of homes for sale in Marion, IA for you to choose from. Continue browsing this page to see all houses for sale and real estate options in Marion and if you need to do a little more research before buying, check out the pages below for additional options:
Marion is located outside of Cedar Rapids. View homes for sale in the Cedar Rapids area for more real estate options.
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Nearest Ruhl&Ruhl Office
5805 Council St. NE, Suite A
Cedar Rapids, IA 52402
Phone Number: (563) 441-1776
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All information deemed reliable but not guaranteed. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information on this site was last updated 07/04/2026. The listing information on this page last changed on 07/04/2026. The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of Delta Media Group MLS (last updated Sat 07/04/2026 12:08:59 AM EST) or MRED MLS (last updated Sat 07/04/2026 12:04:57 AM EST) or SCWMLS (last updated Fri 07/03/2026 11:54:45 PM EST) or Rockford Board of Realtors (NWIAR) (last updated Fri 07/03/2026 10:17:09 PM EST) or Cedar Rapids MLS (last updated Fri 07/03/2026 10:44:14 PM EST) or NEIRBR MLS (last updated Fri 07/03/2026 11:58:42 PM EST) or ICAAR MLS (last updated Fri 07/03/2026 11:37:26 PM EST) or ECIMLS (last updated Fri 07/03/2026 11:44:14 PM EST) or RMLSA (last updated Sat 07/04/2026 12:00:57 AM EST) or Muscatine MLS (last updated Sat 07/04/2026 12:00:12 AM EST) or No Coast MLS (last updated Sat 07/04/2026 12:04:21 AM EST). Real estate listings held by brokerage firms other than Ruhl&Ruhl Realtors may be marked with the Internet Data Exchange logo and detailed information about those properties will include the name of the listing broker(s) when required by the MLS. All rights reserved.
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Based on information submitted to the MLS GRID. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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