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Clear-Span Industrial Warehouse
For Lease
$750,000

2708 Merchant St, Marion, IL 62959

Clear-span warehouse built for manufacturing, distribution, and storage, with expandable outdoor storage and immediate I-57 access.

Space SizeContact for details
Days on Market67

Property Features for 2708 Merchant St

General Information

Standard status Active
Property subtype Commercial
Zoning General Commercial

Additional Details

Highway Access Yes

Building Details

Year Built 1985
Listing Agency: BARBERMurphy
Listed By: Steve Zuber - SIOR, CCIM
Source: Barbermurphy
Added: Jul 9 Changed: Sep 8 Last Checked: Sep 13 at 4:06AM

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 BARBERMurphy

Investment Insights

Based on property information with market context.

This industrial warehouse offers approximately 16,300 square feet of clear-span space, designed to support manufacturing, distribution, contractor operations, equipment storage, or owner-user occupancy. The property includes expandable outdoor storage and a tenant improvement allowance for office build-out.

The facility is located in Marion’s primary industrial corridor and provides immediate access to Interstate 57 and Illinois Route 13. It is listed as about 1.5 miles from I-57, supporting regional reach into Southern Illinois and broader Interstate freight corridors.

For tenants that need an open, column-friendly warehouse configuration alongside flexible space for operations, this offering is positioned to accommodate both in-warehouse activity and outdoor storage needs.

Key Highlights

  • 16,300 SF clear‑span industrial warehouse built in 1985
  • Built for manufacturing, distribution, contractor operations, equipment storage, or owner‑user occupancy
  • Expandable outdoor storage for additional staging and storage needs

Property Analytics

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Current Use

Heritage Petroleum Gas Station

Suggested Use

Top Pick Law Firm Electrical Service Plumbing Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Home Appliance Store

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

Yes
Highway access
NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

166
Businesses Nearby
Well-served
Demand for This Use

Demographics for 62959, IL

27,629
Population
12,997
Households
2.1
Avg Household Size
43
Median Age
28%
College-Educated
92%
High-School Grad
143.0 sq mi
ZIP Area
193
Density / Sq Mi
$69,914
Median Household Income
$44,145
Median Earnings
$895
Median Rent
$166,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in Midwest region

4.4% 2019
4.9% 2020
3.6% 2021
3.1% 2022
4.6% 2023
5% 2024
4.9% 2025
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Similar Off Market Nearby

  • U-Store Mini-Warehouse 2904 W Main St, Marion, IL 62959
  • Muscle Relocation 2904 W Main St, Marion, IL 62959

Frequently Asked Questions

What type of property is this?
Warehouse - Clear-span warehouse built for manufacturing, distribution, and storage, with expandable outdoor storage and immediate I-57 access.
Where is this warehouse located?
The property is located at 2708 Merchant St Marion, IL.
What is the lease rate?
The lease rate is $750,000.
What are key features of this property?
This property features: 16,300 SF clear‑span industrial warehouse built in 1985; Built for manufacturing, distribution, contractor operations, equipment storage, or owner‑user occupancy; Expandable outdoor storage for additional staging and storage needs
More about this property
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