Office/Retail/Potential Residential Building for Sale by Owner-Marion, Indiana
OFFERED FOR SALE by OWNER: Well-Maintained Office/Retail/Potential Residential Building including two downtown ground-floor business offices located in the innovative, revitalized business section of Marion, Indiana. Home to the largest private college in Indiana, with a highly acclaimed Community School of the Arts, Marion Civic Theater and, Marion Philharmonic Orchestra among others.
REAL ESTATE:
Approximate 22,000 SF 3-Story Building with Basement, Constructed in 1890
Approximately 5,500 SF on Each Floor
Approximate Lot Dimensions 44' x 132'
Approximately 0.13 Acres
Approximately 42' Frontage on South Washington Street
Identified as TMS #27-07-06-402-014.001-002, County of Grant, IN.
IMPROVEMENTS:
New Air Conditioning Unit with 3 ½ Ton Evaporator Coil (October 2018)
New Roof (June 2019)
Brick Siding
Basement, Garage, Auto Door Controls
Main Floor Tenants in Place:
(1) One (3) Three Year Lease @ $600.00 per Month
(1) One (7) Seven Year Lease @ $1,400.00 per Month
NEIGHBORHOOD:
Marion Indiana is Home to Indiana Wesleyan University & Taylor University
Major Employers include: General Motors, Meijer, Marion General Hospital, Veterans Hospital Administration, American Woodmark, Wal-Mart Distribution Center, Dollar General Distribution Center, Café Valley Manufacturing, Weaver Popcorn, Butterworth Industries
ZONING:
Accommodation Business (AB) City of Marion, IN.
SUGGESTED USES:
Residential Loft Space, Office Condos, Residential Condos, Business Retail Service,
Bed & Breakfast, Boutique Inn, General Store, Hotel or Motel, Restaurant, Sporting Goods, Etc.
Tag: Real Estate for Sale, Commercial Real Estate For Sale, Commercial Property for Sale, Commercial Building For Sale, Retail Space, Commercial Space for Sale, Property for Sale, Commercial Property for Sale, Myrtle Beach Commercial Real Estate for Sale , Strip Center For Sale
