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Two-Unit Medical Office Condo
For Sale
Contact for pricing
Pending

1127 N Western Ave, Marion, IN 46952

Configured with reception, exam, office, kitchenette, and restroom areas across two separately entered suites.

Property SizeContact for details
Days on Market144

Property Features for 1127 N Western Ave

General Information

Standard status Pending
Property subtype Retail

Additional Details

HOA Fee $250
Office Units 2

Amenities

covered front entrance
built-in speakers
security system
built-in storage
attic access/storage
data wiring
employee entrance

Building Details

Year Built 2003
Listing Agency: RE MAX Executives
Listed By: Jason DeYoung · License #IN RB18001924
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 31 at 7:42AM

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 RE MAX Executives

Investment Insights

Based on property information with market context.

This medical office condo contains two units with separate entrances and a covered front entry. Built in 2003, the property includes a larger north suite with reception and waiting space, a front desk with built-in cabinetry, a private office, four exam areas, two bathrooms, and a kitchenette. The south suite provides an open area and one bathroom.

Both units include employee access from the rear and parking behind the building. Additional improvements include built-in speakers, a security system, integrated storage, attic access with storage, and data wiring. The property is located at 1127 N Western Ave in Marion, Indiana.

Key Highlights

  • Two medical office units with separate entrances
  • Built in 2003 with covered front entry
  • North suite includes 4 exam areas, private office, reception, waiting area, 2 bathrooms, and kitchenette

Property Analytics

Current Use

LabCorp Medical Laboratory Womens Health Care Physician DCL Medical Laboratories Medical Laboratory Exhale Therapy and Wellness ... Physician Jason Donald Gray, ... Physician

Suggested Use

Top Pick Real Estate Agency Law Firm Gym & Fitness Center HVAC Service Parking Lot & Garage Kitchen & Bath Showroom

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

2
Office units

Location Intelligence

Trade Area within ½ mile

676
Businesses Nearby
Under-served
Demand for This Use

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

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Configured with reception, exam, office, kitchenette, and restroom areas across two separately entered suites.
Where is this medical office space located?
The property is located at 1127 N Western Ave Marion, IN.
What are key features of this property?
This property features: Two medical office units with separate entrances; Built in 2003 with covered front entry; North suite includes 4 exam areas, private office, reception, waiting area, 2 bathrooms, and kitchenette
More about this property
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