Great Commercial Property In Marion In
Special Purpose
for Sale
| Catylist Listing ID: |
30836362 |
| Building Size (RSF): |
7,520 SF
|
| Gross Land Area: |
0.77 Acres
|
| Sale Price: |
$349,000 |
| Ceiling: |
14 ft. |
| Property Use Type: |
Investment, Vacant/Owner-User |
| Usable Size (USF): |
7,520 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/3/2023 |
Overview / Comments
|
This facility comes with tons of potential, make it home to your small business, personal shop and storage or just as an investment opportunity !! It's currently a long standing small engine repair shop within the community but this facility could be so many things. Its location offers great exposure to the St Rd 9bypass offering high traffic counts through Marion IN daily and the buildings are very versatile. The main building has four garage bays a small parts room and half bathroom eight foot ceilings and is heated with two hanging gas furnaces. The second building is 50X100 block clear span construction, currently used for vehicle, boat or camper storage but a building like this has endless potential, it offers one 10ft overhead door and one 12ft overhead door concrete floor and the roof is less than10yrs old, it has a 200amp electric service and is also heated with two hanging gas forced are furnaces. On the back side of the property are two small rental homes both need a little work but could produce great income if fixed back up again. This property has been in owned and operation by the same family for over 50 years, don't miss out on this opportunity !!
|
Additional Details
| Nearest MSA: |
Marion |
| County: |
Grant |
| Taxing Authority: |
City of Marion |
| Tax ID/APN: |
27-07-18-303-027.000-002, 27-07-18-303-027.000-002, 27-07-18-303-002.000-002 |
| Zoning: |
GB GENERAL BUSINESS |
| Property Located Between: |
36th st and 37th street |
| Property Visibility: |
Excellent |
| Highway Access: |
Located on Western Ave which is also St RD 9 & 37 in Marion. |
| Airports: |
Marion Municipal Airport Nearby |
| Site Description: |
L shaped property consisting of several lots on the corner of South Western Ave and 37th Street |
| Area Description: |
Great location on Marion's busy retail shopping area. |
| Total Number of Buildings: |
2 |
| Number of Stories: |
1 |
| Property Condition: |
Average |
| Year Built: |
1960 |
| Roof Type: |
Gable |
| Construction/Siding: |
Block |
| Exterior Description: |
Building one is a block building used as a shop. Building # 2 is an open clear span warehouse building. 2 old rental homes that need renovation. |
| Parking Type: |
Surface |
| Parking Description: |
Off street. |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas, Space Heaters |
| Internet Access: |
Cable, DSL |
| Interior Description: |
Building one is a block building used as a shop. Building # 2 is an open clear span warehouse building. 2 old rental homes that need renovation. |
| Zoning Description: |
General Business use. |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements Description: |
Normal utility easements |
| Land Ownership: |
Fee simple |
| Legal Description: |
Pt lot 98 ex 30' n/sd & lot 99 ex w end Leverton Addn, lots 64-66 Levertons Addn |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
7,369 |
28,966 |
46,620 |
| Median Age: |
33.03 |
37.65 |
40.03 |
| Households: |
2,147 |
11,119 |
18,642 |
|
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The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
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