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Restaurant Building with Bar Area
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2402 S Home Avenue, Marion, IN 46953

Commercial Sale, Marion, IN

Property Size1,089 SF
Lot Size0.12 Acres
Price / SF$22.96
Days on Market408

Property Features for 2402 S Home Avenue

General Information

Property type Residential
Property subtype Retail
Zoning 430:Commercial Restaurant
Middle school John L McCulloch Junior High Sch
Elementary school district Marion Community Schools
Middle school district Marion Community Schools
High school district Marion Community Schools
Directions GPS Friendly
Subdivision 2707 - Grant - Center
Standard status Active
APN 270708303116001002
Lot size 0.12 Acres

Taxes and HOA fees

Tax Year 2024
Tax Description Lot 1 Hillside 2nd Add Mp 0708-303-116.001
Legal Description Lot 1 Hillside 2nd Add Mp 0708-303-116.001

Utilities

Utilities Natural Gas Available

Building Details

Year built 1940
Listing Agency: Starr Real Estate LLC
Listed By: Heather Clemmons · License #RB14039183
Added: Aug 1, 2025 Changed: Sep 1 Last Checked: Sep 12 at 11:06PM
MLS# 22052799

Copyright © 2026 Broker Listing Cooperative®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 1,089-square-foot commercial restaurant building was constructed in 1940 and includes a primary customer area, bar fixtures, kitchen, bathroom, and rear storage room. The property is zoned 430: Commercial Restaurant, supporting its established restaurant-oriented configuration. Three front windows and the bathroom window were replaced in 2024.

Electric, natural gas, and sewer utilities are available to the property. Water service requires connection from the city main. Parking is provided in both the front and rear of the building. The 0.12-acre site is located at 2402 S Home Avenue in Marion, Indiana.

Key Highlights

  • 1,089‑square‑foot commercial restaurant building constructed in 1940
  • Zoned 430: Commercial Restaurant
  • Existing bar area, kitchen, bathroom, and rear storage room

Property Analytics

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Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Law Firm Hair Salon Restaurant Spa & Massage Center Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

142
Businesses Nearby
2k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Marathon Petroleum Shops & Services
2,330 visits/mo 0.4 miles

Demographics for 46953, IN

22,781
Population
10,095
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
84%
High-School Grad
85.6 sq mi
ZIP Area
266
Density / Sq Mi
$46,224
Median Household Income
$25,969
Median Earnings
$800
Median Rent
$88,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant layout includes a service bar, kitchen, restroom, storage area, and parking at both the front and rear.
Where is this conventional restaurant located?
The property is located at 2402 S Home Avenue Marion, IN.
What are key features of this property?
This property features: 1,089‑square‑foot commercial restaurant building constructed in 1940; Zoned 430: Commercial Restaurant; Existing bar area, kitchen, bathroom, and rear storage room
More about this property
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