This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
This Retail Property is no longer advertised on LoopNet.com.

428 S Washington St
Marion, IN 46953
Retail/Office in the Heart of Marion's CBD · Retail Property For Sale

Investment Highlights

  • Well-maintained, 51,520-SF retail/office building situated on a prime corner lot at a busy signalized intersection in the heart of Downtown Marion.
  • Recently renovated asset ideal for a savvy investor seeking a value-add opportunity and revenue-generating capabilities through lease-ups.
  • Conveniently established six minutes from Indiana Wesleyan University and 10 minutes from the Marion Municipal Airport.
  • Positioned with excellent accessibility via multiple ingress and egress points, paired with a private parking lot just off State Road 18.
  • Beautiful three-level property with a unique atrium, ideal tenant synergy, and excellent security and amenities.

Property Facts

Property Type
Retail
Property Subtype
Storefront
Building Size
51,520 SF
Building Class
B
Year Built/Renovated
1880/2019
Percent Leased
67%
Tenancy
Multiple
Building Height
3 Stories
Building FAR
2.07
Lot Size
0.57 AC
Zoning
Central Business - Opportunity Zone property
Parking
120 Spaces (2.33 Spaces per 1,000 SF Leased)
Frontage
132’ on Washington Street

Amenities

  • 24 Hour Access
  • Atrium
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Tenant Controlled HVAC
  • Wheelchair Accessible
  • Air Conditioning
  • Smoke Detector

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 27-07-06-402-133.000-002
  • 27-07-06-402-111.000-002
Land Assessment
$44,100
Improvements Assessment
$285,300
Total Assessment
$329,400
  • Listing ID: 29462263

  • Date on Market: 9/7/2023

  • Last Updated:

  • Address: 428 S Washington St, Marion, IN 46953

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}