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1506 Main St Marion, IL 62959

For Sale
$92,500

High-visibility downtown location, great investment.

Property size:
1,352 SF

Description

Added:
Feb 3, 2025
Days on Market:
308
This exceptional 1,352 square foot commercial property is ideally situated on West Main Street in the heart of Marion, Illinois. Boasting a highly desirable location within a newly established Tax Increment Financing (TIF) District, this property offers a significant financial advantage with 23 years remaining in the TIF program. The building enjoys exceptional visibility and high traffic counts, exceeding 9,000 vehicles daily according to the Illinois Department of Transportation (IDOT) website. This translates to significant exposure for any business operating from this address. The 0.15-acre lot provides ample space for potential expansion or outdoor activities, depending on the intended use. The property's prime location in a revitalizing downtown area presents a unique opportunity for entrepreneurs and investors alike. This is a chance to establish a presence in a thriving community with a long-term financial incentive. The building's size and location make it suitable for a variety of commercial uses, from retail to office space, and presents a strong return on investment potential. Serious inquiries are encouraged to explore this exciting opportunity to become part of Marion's dynamic downtown resurgence. The property is offered at $92,500.

Property Features for 1506 Main St

General Information

Property type
Other commercial real estate
Square Feet
1,352 SF
Lot Size
6,534 SF

Property Profile Insight Report Location Intelligence

Current Use by Public Records

U-Haul Neighborhood Dealer Truck Rental Agency Don's Heavy Duty ... Diesel Engine Repair Service

Suggested Use

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

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

Location Insight

  • Map
  • Local Demand
City
Marion
County
Williamson
State
Illinois
Longitude
-88.94264
Latitude
37.73101

FAQs

What type of property is this?
Commercial real estate - High-visibility downtown location, great investment.
Where is this commercial real estate located?
The property is located at 1506 Main St Marion, IL.
What is the asking price?
The asking price for this property is $92,500.
More about this property
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