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    2218 9Th St Marion, IN 46953

    For Sale
    $115,000

    Profitable business, two buildings included.

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This exceptional investment opportunity encompasses two buildings totaling over 3600 square feet on a combined 0.38-acre lot at 2218 and 2216 W 9th Street, Marion, Indiana. The main building, 2218 W 9th Street, has served as a successful auto repair shop, "Kar Klinc," since 1966, boasting a top Google rating in Marion. This building features 480-volt 3-phase electric service, a 7x9 insulated overhead door, and gas forced-air central air conditioning. The second building, 2216 W 9th Street, offers an additional 3200 square feet of space, currently gutted and ready for remodeling. This building includes a partial basement, bathroom, office space, a cooler, and a 7x9 insulated overhead door, along with two separate heating and air conditioning roof units. Both buildings are situated on a combined 0.38-acre lot. The sale includes all existing inventory except for one brake lathe. Note that the property is currently operating as an auto repair shop, so the owner may be present during showings. All vehicles will be removed before the transfer of ownership. The listed tax amount reflects the combined assessment for both buildings. This is a rare chance to acquire a well-established business with significant expansion potential. Priced at $115,000.

    Property Features for 2218 9Th St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    16,553 SF

    Building Details

    Year Built
    1948
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Kar Klinic Auto Repair Shop

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Skin Care Clinic

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.69402
    Latitude
    40.55275

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable business, two buildings included.
    Where is this commercial real estate located?
    The property is located at 2218 9Th St Marion, IN.
    What is the asking price?
    The asking price for this property is $115,000.
    (765) 674-6683
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    2218 9Th St 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
    2218 9Th St Marion, IN 46953
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