1901 Princeton Avenue Marion Marion, IL 62959
10,000 sq ft auto body shop on a fenced lot with two paint booths, overhead lifts, and multiple overhead doors.
Property Features for 1901 Princeton Avenue Marion
General Information
- Standard status
- Active
- Size
- 10,004 SF
Listing office (309) 722-1612
Listing date Jul 13, 2026
Source Realestatepeoria
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 Holly LaHood
Investment Insights
Based on property information with market context.
The property is set on a large fenced lot, supporting controlled vehicle and shop operations on-site.
Overall, the asset is designed around automotive repair work with dedicated paint and service capabilities, backed by the necessary shop infrastructure already in place.
Key Highlights
- Zeigler auto body shop for sale featuring a 10,000 sq ft facility
- Equipped with 2 paint booths and multiple overhead doors for efficient workflow
- Includes overhead lifts and everything necessary for new owners to operate on day one (per remarks)
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $79.0k | $7.90 |
| − Vacancy | −$6.8k | −$0.68 |
| EGI | $72.2k | $7.22 |
| − OpEx | −$21.7k | −$2.17 |
| NOI | $50.6k | $5.05 |
Alternative Uses
Property Analytics
Current Use by Public Records
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