402 S Washington St Marion, IN 46953

Listing office F.C. Tucker Realty Center S***@susanreese.com Show Phone

Listing date Apr 16, 2026

Source Exprealty

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

Report an issue

---

Investment Insights

Based on property information with market context.

This renovated historic building features 15,000 square feet of fully leased commercial space and 30 market-rate apartments completed in 2021, which are typically fully leased or occupied. Commercial tenants include Yolanda's Soul Food Restaurant located in the Grand Lobby, F C Tucker Realty Center, Obi's BBQ, Halstead Architects, and All State Insurance. The apartments are modern and sleek, offering city views. Each apartment is equipped with a refrigerator, range, microwave, dishwasher, washer, and dryer, and includes a designated parking spot. A newly paved parking lot features a solar canopy powering the building. This Neoclassic Revival building has been overhauled by an architect team and is suitable for addition to a REIT or real estate investment portfolio.

Key Highlights

• Fully leased commercial space (15000 sq ft) and 30 market‑rate apartments.
• Modern apartments with city views and in‑unit washer/dryer.
• Newly paved parking lot with solar canopy powering the building.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $2,500,000

  7,053 SF

  Historic Apartment Building with Office

  Apartment building offers a mix of 1-, 2-, and studio units plus an office space for flexible resident or extended-stay use.

  215 E 3Rd Street, Marion, IN 46952-4077

  View Details
• 

  $530,000

  3,610 SF

  Renovated 9-Unit Apartment Building

  Completely renovated 9-unit building offers a mix of one-bedroom and efficiency apartments with recent HVAC and utility upgrades.

  612 W 4th Street, Marion, IN 46952

  View Details
• 

  $299,900

  Professional Office Building with Waiting Room

  Includes multiple private offices, conference space, a built-in reception, and a large waiting room with 40-space paved parking.

  703 W CHAPEL Pike, Marion, IN 46952

  View Details
• 

  $379,900

  Turnkey Restaurant, Bar & Event Venue

  Multi-story hospitality property offered with furnishings, fixtures, equipment, inventory, and liquor license included.

  1001 N WASHINGTON Street, Marion, IN 46952

  View Details
• 

  $229,900

  Automotive Service Shop with Retail Front

  Zoned GB General Business with retail front area and a rear overhead-door service area.

  2021 S Western Avenue, Marion, IN 46953

  View Details
• 

  $74,900

  Professional Office with Pole Sign

  Professional office layout with reception area, multiple offices, ample paved parking, and General Business zoning.

  1328 W 2ND Street, Marion, IN 46952

  View Details
• 

  $90,000

  Church Building with Finished Basement

  Open-concept former church with a fully finished basement, offered in as-is condition on a corner lot.

  324 W 10th Street, Marion, IN 46953

  View Details
• 

  $1,911,756

  1,750 SF

  NNN Retail Investment Opportunity

  NNN leased retail property with long-term tenant in place.

  2015 S Western Ave, Marion, IN

  View Details
• 

  $25,000

  Bar-Restaurant Commercial Building

  Previously operating as a bar and restaurant with kitchen, bathroom, and parking in front and rear.

  2402 S Home Avenue, Marion, IN 46953

  View Details
• 

  $3,129,630

  1,025 SF

  NNN Lease Investment Opportunity

  15-year NNN lease with fixed rental increases.

  4325 S Western Ave, Marion, IN 46953

  View Details
• 

  $325,000

  33,315 SF

  Downtown Marion Office Building

  33,315 SF office building in Marion's central business district.

  131 N Washington St, Marion, IN

  View Details
• 

  $549,000

  10,600 SF

  Retail/Office Building For Sale

  83% occupied retail/office building with leases in place.

  1001 N Western Ave, Marion, IN 46952

  View Details

FAQs

What type of property is this?

Mixed-use property - Renovated historic building featuring commercial space and market-rate apartments.

Where is this mixed-use property located?

The property is located at 402 S Washington St Marion, IN.

What is the asking price?

The asking price for this property is $8,000,000.

What are key features of this property?

This property features: Fully leased commercial space (15000 sq ft) and 30 market‑rate apartments.; Modern apartments with city views and in‑unit washer/dryer.; Newly paved parking lot with solar canopy powering the building.