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Multi-Story Restaurant and Event Venue
For Sale
$339,900

1001 N WASHINGTON Street, Marion, IN 46952

COMMERCIAL, Marion, IN

Property SizeContact for details
Lot Size0.57 Acres
Days on Market130

Property Features for 1001 N WASHINGTON Street

General Information

Property type Commercial Sale
Property subtype Other
Parking features Off Street
Lot features City, Commercial, Near Walking Trail
Directions Highland Avenue to Washington Street. Turn onto Washington Street headed South. Property is located down on the West side of the road.
Subdivision Grant County
Standard status Active
APN 27-02-31-104-086.000-033
Lot size 0.57 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Taxes and HOA fees

Tax Year 2026
Tax Description 14-02-358 PT E FR SEC 31; 0.483 A P/S
Tax Annual Amount 8319
Legal Description 14-02-358 PT E FR SEC 31; 0.483 A P/S

Utilities

Cooling system Multi Units, Central Air

Building Details

Year built 1900
Flooring type Laminate, Wood, Concrete, Vinyl, Tile
Roof type Metal
Listing Agency: RE/MAX Realty One · RE/MAX International
Listed By: Joe Schroder · License #RB14046645
Added: Jun 25 Changed: Oct 30 Last Checked: Nov 1 at 4:06AM
MLS# 202625197

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This multi-story hospitality property combines restaurant, bar, and event functions within a building dating to 1900. The sale includes furnishings, fixtures, equipment, inventory, and a liquor license, supporting continued operation without separating the business assets from the real estate. Interior finishes include concrete, wood, vinyl, tile, and laminate flooring, while cooling is provided by central air and multiple units.

The property occupies 0.573 acres at 1001 N Washington Street in Marion, Indiana. Off-street parking is available, and the building features a metal roof, grand entrance, and elevated outdoor access. Existing spaces are suited to dining, entertainment, private events, and community gatherings, with the current configuration combining food service and bar operations.

Key Highlights

  • Restaurant, bar, and event venue configuration
  • Sale includes furnishings, fixtures, equipment, inventory, and liquor license
  • 0.573‑acre property at 1001 N WASHINGTON Street, Marion, IN 46952

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Firewater Mill Bar & Pub The Best Mill Bar ... Restaurant

Suggested Use

Top Pick Real Estate Agency Hair Salon Spa & Massage Center Building Supply Nail Salon HVAC Service

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

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

253
Businesses Nearby
4k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 63% Hotels & Casinos 37%
Phillips 66 Shops & Services
2,014 visits/mo 0.1 miles
Hampton Inn, Marion IN Hotels & Casinos
1,319 visits/mo 0.5 miles
Gerber Collision & Glass Shops & Services
207 visits/mo 0.5 miles

Demographics for 46952, IN

18,996
Population
8,832
Households
2.2
Avg Household Size
46
Median Age
25%
College-Educated
89%
High-School Grad
105.5 sq mi
ZIP Area
180
Density / Sq Mi
$53,481
Median Household Income
$39,246
Median Earnings
$785
Median Rent
$129,000
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

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Existing restaurant and bar property includes furnishings, equipment, inventory, and a liquor license.
Where is this conventional restaurant located?
The property is located at 1001 N WASHINGTON Street Marion, IN.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Restaurant, bar, and event venue configuration; Sale includes furnishings, fixtures, equipment, inventory, and liquor license; 0.573‑acre property at 1001 N WASHINGTON Street, Marion, IN 46952
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