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Five-Unit Mixed-Use Building
New
For Sale
$439,900

102 E 4th Street, Marion, IN 46952

A mix of ground-floor and upper-level spaces includes office suites, retail uses, and a unit with a basement vault.

Property SizeContact for details
Days on Market4

Property Features for 102 E 4th Street

General Information

Standard status Active
Property subtype Commercial
Zoning Central Core

Building Details

Year Built 1920
Buildings 1
Stories 2
Listing Agency: J Meyer Real Estate Services, Inc
Listed By: Caleb Oliver
Source: Abbottsteam
Added: Nov 1 Changed: Nov 2 Last Checked: Nov 4 at 6:02AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of J Meyer Real Estate Services, Inc

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Investment Insights

Based on property information with market context.

This 1920 mixed-use building contains five separately metered units totaling more than 6,000 square feet. The spaces range from approximately 600 to 2,600 square feet, with several including basements and bathrooms. One upper-floor unit has multiple office suites; another includes a vault room with the original vault. A ground-floor unit was remodeled in recent years. Each unit has its own gas furnace and central A/C. The building has been maintained while retaining its historic character.

The property is on the downtown Marion square, within the historical district and the Riverfront District. The five spaces have varied current occupancy and uses, including professional services, insurance, nutrition, and tattoo services; one unit is vacant. The second-floor spaces offer distinct configurations, including office suites and a space currently used for musical and photography services.

Key Highlights

  • Five units totaling more than 6,000 square feet
  • Unit sizes range from approximately 600 to 2,600 square feet
  • Separately metered units, each with its own gas furnace and central A/C

Property Analytics

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Current Use

Lifestyles In Harmony Health ... Physician Uplyft U Boutique Clothing & Fashion Store

Suggested Use

Top Pick Restaurant Real Estate Agency Gym & Fitness Center Spa & Massage Center Kitchen & Bath Showroom Parking Lot & Garage

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

Location Intelligence

Trade Area within ½ mile

821
Businesses Nearby
6k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 100%
Family Dollar Shops & Services
4,386 visits/mo 0.1 miles
STAR Financial Bank Shops & Services
1,138 visits/mo 0.1 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
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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?
Mixed-use property - A mix of ground-floor and upper-level spaces includes office suites, retail uses, and a unit with a basement vault.
Where is this mixed-use property located?
The property is located at 102 E 4th Street Marion, IN.
What is the asking price?
The asking price for this property is $439,900.
What are key features of this property?
This property features: Five units totaling more than 6,000 square feet; Unit sizes range from approximately 600 to 2,600 square feet; Separately metered units, each with its own gas furnace and central A/C
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