Adaptive Retail-Office
314 N Baldwin Ave Marion, IN 46952
314 N Baldwin Ave, Marion, IN, 46952
$135,000
For Sale
$135,000
Flexible commercial suite on a high-visibility Marion corridor with strong traffic flow and space that needs interior work.
Property Size950 SF
Price / SF$142.11
Days on Market13
Property Features for 314 N Baldwin Ave
General Information
- Standard status
- Active
- Size
- 950 SF
Listing agency
F.C. Tucker Realty Center
(765) 667-2721
Listed by
Kim Alexander
(765) 667-2721
Source
Exprealty
Added: Jul 9 Updated: Jul 20 at 10:35PM Checked: Jul 20 at 10:35PM
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.
314 N Baldwin Avenue offers approximately 950+ square feet of highly adaptable storefront and office-style space suited for a tenant or owner who wants to shape the interior to fit their concept. The property is described as a blank canvas and does need some work, creating an opportunity to customize the layout while upgrading the space to match specific requirements.
Located on a high-visibility Marion corridor with excellent traffic flow, the building is positioned for consistent drive-by exposure. The property is being offered for sale or lease, with a versatile configuration that can accommodate a range of retail, boutique office, or specialized services uses, subject to final scope and approvals.
Located on a high-visibility Marion corridor with excellent traffic flow, the building is positioned for consistent drive-by exposure. The property is being offered for sale or lease, with a versatile configuration that can accommodate a range of retail, boutique office, or specialized services uses, subject to final scope and approvals.
Key Highlights
- Approximately 950+ SF flexible commercial space with a versatile layout
- Suitable for multiple uses such as retail, a boutique office, or specialized services
- High‑visibility Marion corridor location with strong traffic flow
Local Financial Insights For Retail
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 | $13.3k | $14.04 |
| − Vacancy | −$587 | −$0.62 |
| EGI | $12.8k | $13.42 |
| − OpEx | −$3.8k | −$4.03 |
| NOI | $8.9k | $9.40 |
950 SF · lease $14.04/SF/yr · vacancy 4.40% · expense 30.00%
Alternative Uses
Best Use
Retail
$127.5K
$111.6K – $148.8K
NOI $8,926 @ 7.0% cap · market cap 6.61%
Second Best
Office B
$123.4K
$108.0K – $143.9K
NOI $8,636 @ 7.0% cap · market cap 6.40%
Theoretical Best
Specialty Retail
$184.5K
$161.4K – $215.3K
NOI $12,915 @ 7.0% cap · market cap 9.57%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
FAQs
What type of property is this?
Storefront property - Flexible commercial suite on a high-visibility Marion corridor with strong traffic flow and space that needs interior work.
Where is this storefront property located?
The property is located at 314 N Baldwin Ave Marion, IN.
What is the asking price?
The asking price for this property is $135,000.
What are key features of this property?
This property features: Approximately 950+ SF flexible commercial space with a versatile layout; Suitable for multiple uses such as retail, a boutique office, or specialized services; High‑visibility Marion corridor location with strong traffic flow
