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    1119-1127 N Western Ave Marion, IN 46952

    For Lease
    $15 SF/Yr ($4,703 /Mo)

    Well-equipped office space with ample parking in Marion, Indiana.

    Property size:
    3,763 SF
    Lot size:
    0.29 Acres

    Property Features for 1119-1127 N Western Ave

    General Information

    Size
    3,763 SF
    Lot size
    0.29 Acres

    Source: Sturges Property Group Agent John Caffray

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

    Overview

    Move-In Ready Office Space

    This office building offers 17 private offices or exam rooms and a spacious waiting area. It features a large break room, a built-in reception area, and a storage workroom equipped with centralized printers. The facility includes one ADA-compliant restroom, one non-ADA restroom, and a kitchenette with a sink. Ample parking is available, with 57 paved parking spaces located at the front and rear of the building. The parking lot has two access points from North Western Avenue. The office is located on the north end of Marion at the intersection of North Baldwin Avenue, West Kem Road, and North Western Avenue, where all three streets converge. North Western Avenue is a quieter street situated in a high-traffic area, surrounded by residential neighborhoods and service businesses. Retail, hospitality, and medical establishments are located on the opposite side of the block. Nearby tenants include Edward Jones, RE/MAX Realty One, Johnson and Beaman Attorneys, and Bowstreet Security. Surrounding businesses include Ruler Foods, Planet Fitness, and Buffalo Wild Wings. The 3,763-square-foot suite is in move-in condition and will be available in 60 days. The former tenant of this space was Lutheran Health Physicians. The intended use of the property is for office or medical purposes.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.67464
    Latitude
    40.573326

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    FAQs

    What type of property is this?
    Medical office - Well-equipped office space with ample parking in Marion, Indiana.
    Where is this medical office located?
    The property is located at 1119-1127 N Western Ave Marion, IN.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Move-in ready condition with **17 private offices/exam rooms, spacious waiting area, break room, and built-in reception.**; - Ample parking with **57 paved spaces** and two access points.; - High-traffic location at the intersection of North Baldwin Avenue, West Kem Road, and North Western Avenue, surrounded by residential neighborhoods and service businesses.
    (260) 438-3525
    Request Owner's contact information
    1119-1127 N Western Ave Marion, IN 46952
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    Marion, IN 46952
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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
    1119-1127 N Western Ave Marion, IN 46952
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