428 S Washington St | Marion, IN 46953
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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
- 140’ on 5th Street
Amenities
- 24 Hour Access
- Atrium
- Corner Lot
- Restaurant
- Security System
- Signage
- Tenant Controlled HVAC
- Wheelchair Accessible
- Air Conditioning
- Smoke Detector
Property Taxes
| Parcel Numbers |
Multiple
|
Improvements Assessment | $285,300 |
| Land Assessment | $44,100 | Total Assessment | $329,400 |
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
The Retail Property at 428 S Washington St, Marion, IN 46953 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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