Restaurant Property with Paved
For Sale
$549,900
3909/3823 S Western Avenue, Marion, IN 46953
Two parcels are included, while the restaurant operation, equipment, and recipes are excluded from the sale.
Property Size864 SF
Lot Size0.68 Acres
Price / SF$636.46
Days on Market9
Property Features for 3909/3823 S Western Avenue
General Information
Standard status
Active
Size
864 SF
Total Parking Spaces
29
Lot size
0.68 Acres
Property subtype
Commercial
Site & Location
Highway Access
Yes
Road Access
Yes
Utilities to Site
Yes
Additional Details
Equipment Included
No
Building Details
Year Built
1969
Buildings
1
Stories
1
Listing Agency:
Kitts Realty
Listed By:
Linda Kitts · License #RB14034865
(765) 661-1069
Source:
Bigrealtyservices
Added: Oct 16
Changed: Oct 22
Last Checked: Oct 22 at 2:16PM
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 Kitts Realty
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The offering includes parcels at 3909 and 3823 S Western Avenue in Marion. The 3823 S Western Avenue parcel has an 864-SF building. The lots measure 80 feet by 189.75 feet and 80 feet by 179.5 feet, respectively. The property has three-phase electrical service with two 200-amp circuit breakers and one 100-amp breaker, plus a paved lot with 29 parking spaces. The restaurant business, equipment, and recipes do not transfer with the sale.
The property fronts the 9 & 37 Bypass South. Meijer’s Plaza is across the bypass, with listed tenants including Kohl’s, T.J. Maxx, Hobby Lobby, Texas Roadhouse, Panda Express, and financial institutions, among other retailers and restaurants.
The property fronts the 9 & 37 Bypass South. Meijer’s Plaza is across the bypass, with listed tenants including Kohl’s, T.J. Maxx, Hobby Lobby, Texas Roadhouse, Panda Express, and financial institutions, among other retailers and restaurants.
Key Highlights
- Two parcels measuring 80' x 189.75' and 80' x 179.5'
- Includes an 864‑SF building at 3823 S Western Avenue
- Paved parking lot with 29 spaces
Property Analytics
Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
352
Businesses Nearby
309k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 30%
Shops & Services 23%
Groceries 21%
Apparel 20%
Meijer
Groceries
65,962 visits/mo
0.2 miles
McDonald's
Dining
30,014 visits/mo
0.1 miles
T.J. Maxx
Apparel
29,314 visits/mo
0.3 miles
Kohl's
Apparel
24,362 visits/mo
0.3 miles
Texas Roadhouse
Dining
23,921 visits/mo
0.2 miles
Demographics for 46953, IN
22,781
Population
10,095
Households
2.3
Avg Household Size
37
Median Age
16%
College-Educated
84%
High-School Grad
85.6 sq mi
ZIP Area
266
Density / Sq Mi
$46,224
Median Household Income
$25,969
Median Earnings
$800
Median Rent
$88,400
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Two parcels are included, while the restaurant operation, equipment, and recipes are excluded from the sale.
Where is this conventional restaurant located?
The property is located at 3909/3823 S Western Avenue Marion, IN.
What is the asking price?
The asking price for this property is $549,900.
What are key features of this property?
This property features: Two parcels measuring 80' x 189.75' and 80' x 179.5'; Includes an 864‑SF building at 3823 S Western Avenue; Paved parking lot with 29 spaces
