Leased Office Building with Multiple
For Sale
$400,000
201 S Washington St, Marion, IN 46952
Leased office building offering 10–12 offices, multiple kitchenettes, and four baths, with recently installed TPO roof.
Property Size5,412 SF
Price / SF$73.91
Days on Market158
Property Features for 201 S Washington St
General Information
Standard status
Active
Size
5,412 SF
Total Parking Spaces
5
Additional Details
Office Units
12
Taxes and HOA fees
Annual Taxes
$6,390
Listing Agency:
F.C. Tucker Realty Center
Listed By:
Susan Reese
(765) 517-1514
Source:
Exprealty
Added: Apr 3
Changed: Sep 2
Last Checked: Sep 7 at 11:32AM
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 F.C. Tucker Realty Center
Investment Insights
Based on property information with market context.
This spacious office building features 10–12 offices, multiple kitchenettes, and four bathrooms. The space is currently leased and offers flexibility to be used as one cohesive office suite or configured to accommodate multiple tenants. The property includes a total of 5,412 square feet.
Recent improvements include a new TPO membrane roof installed within the past two years and updated carpet. Parking is available at the rear with approximately 4–5 spaces, and there is also ample street parking. Located in downtown Marion, the building is near restaurants and businesses, as well as the Court House and City Hall, with access to nearby local shops in the Riverfront and DORA district.
Recent improvements include a new TPO membrane roof installed within the past two years and updated carpet. Parking is available at the rear with approximately 4–5 spaces, and there is also ample street parking. Located in downtown Marion, the building is near restaurants and businesses, as well as the Court House and City Hall, with access to nearby local shops in the Riverfront and DORA district.
Key Highlights
- Leased office building with 10–12 offices, multiple kitchenettes, and 4 baths (single‑space option available).
- 5412 sq ft office space currently leased, with potential to divide into multiple tenants or use as one space.
- New TPO membrane roof installed within the past 2 years.
Property Analytics
Property Profile
Current Use
Lease Details
12
Office units
Location Intelligence
Trade Area within ½ mile
827
Businesses Nearby
Explore this area
Business Placement
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
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Frequently Asked Questions
What type of property is this?
Office building - Leased office building offering 10–12 offices, multiple kitchenettes, and four baths, with recently installed TPO roof.
Where is this office building located?
The property is located at 201 S Washington St Marion, IN.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: Leased office building with 10–12 offices, multiple kitchenettes, and 4 baths (single‑space option available).; 5412 sq ft office space currently leased, with potential to divide into multiple tenants or use as one space.; New TPO membrane roof installed within the past 2 years.
