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    3742 S Western Ave Marion, IN 46953

    For Lease
    $3,000 /Mo ($7 SF/Yr)

    Mixed Use, Vacant - Marion, IN

    Type:Mixed Use
    Property size:
    4,600 SF
    Lot size:
    1.02 Acres
    Days on Market:
    73
    Last Refresh:
    Dec 11 at 6:06 am

    Property Features for 3742 S Western Ave

    General Information

    Property type
    Commercial Lease
    Property subtype
    Mixed Use
    Standard status
    Active
    Rooms
    Kitchen, Office
    APN
    27-06-13-404-006.000-008
    Parking features
    Off Street, Paved or Surfaced
    Interior features
    Drywall, 110 Volts
    Exterior features
    None
    Size
    4,600 SF
    Lot size
    1.02 Acres

    Utilities

    Heating system
    Electric (Heating), Forced Air, Heat Pump (Heating), Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1965
    Floors in Building
    1
    Flooring type
    Carpet, Tile, Vinyl
    Building materials
    Brick
    Roof type
    Shingle
    Architectural style
    Other

    RE/MAX Realty One (765) 454-7300 [email protected]

    Listing agent Sally Jenks (765) 454-7300 License #RB14036978

    Listing date Sep 30, 2025

    MLS# 202539522 Listing URL

    Copyright © 2025 REALTORS Association of Central Indiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Mixed-Use Property in Marion, Indiana

    This mixed-use property, located in Marion, Indiana, offers a total area of 4,600 square feet and is situated on a 1.02-acre lot. The property includes multiple addresses for the rear unit: 3742, 3732, and 3728. The rear unit comprises 3,000 square feet divided into individual offices. The zoning for this property is GB, and lease terms are negotiable.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.673617
    Latitude
    40.523494

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    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property with office spaces available for lease in Marion.
    Where is this mixed-use property located?
    The property is located at 3742 S Western Ave Marion, IN.
    What is the lease rate?
    The lease rate is $7 SF/Yr.
    What are key features of this property?
    This property features: - 3,000 sq ft rear unit divided into individual offices; - Zoning is GB (General Business); - Includes 3 addresses: 3742, 3732, and 3728
    (765) 454-7300
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    3742 S Western Ave Marion, IN 46953
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    Marion, IN 46953
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3742 S Western Ave Marion, IN 46953
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