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    3164 S Western Ave Marion, IN 46953

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    For Lease
    $16 SF/Yr ($6,400 /Mo)

    Retail space available for lease, totaling 4,800 square feet.

    Property size:
    4,800 SF
    Lot size:
    4.44 Acres

    Property Features for 3164 S Western Ave

    General Information

    Size
    4,800 SF
    Lot size
    4.44 Acres

    Source: Cushman & Wakefield | Indianapolis Agent William French

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Retail Space Available For Lease

    This retail space, encompassing 4,800 square feet, is available for lease. The property is located in Marion, Indiana.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Goodwill Store Thrift Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.674228
    Latitude
    40.530387

    Nearby Similar for Lease

    • $1.00 SF/Yr
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      Retail and Service Space Available

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    • $3,000 /Mo
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      Mixed-Use Property in Marion, Indiana

      Mixed-use property with office spaces available for lease in Marion.
      3742 S Western Ave, Marion, IN 46953
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    • $1,250 /Mo
      2,500 SF

      Mixed-Use Open Space Available

      Open space unit available for rent in Marion, Indiana.
      2221 Westwood Sq, Marion, IN 46952
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    • $15 SF/Yr
      3,763 SF

      Move-In Ready Office Space

      Well-equipped office space with ample parking in Marion, Indiana.
      1119-1127 N Western Ave, Marion, IN 46952
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    • Contact for pricing
      1 SF

      Panda Express Excess Land For Lease

      Retail lot, 0.8 acres, Grant County.
      4012 Western Ave, Marion, IN 46953
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    • Contact for pricing
      6,008 SF

      Marion Retail Space - Prime Location

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    FAQs

    What type of property is this?
    Retail space - Retail space available for lease, totaling 4,800 square feet.
    Where is this retail space located?
    The property is located at 3164 S Western Ave Marion, IN.
    What is the lease rate?
    The lease rate is $16 SF/Yr.
    What are key features of this property?
    This property features: - 4,800 square feet of retail space available
    (317) 590-5052
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    3164 S Western Ave 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
    3164 S Western Ave Marion, IN 46953
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