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Medical Office Suite
For Sale
$76,800

702 River Drive, Marion, IN 46952

The upper-level layout includes multiple private offices, reception, and a waiting area.

Property Size3,780 SF
Price / SF$20.32
Days on Market15

Property Features for 702 River Drive

General Information

Standard status Active
Size 3,780 SF
Property subtype Commercial
Zoning PB

Additional Details

Floor Upper
Property Use Office

Building Details

Year Built 1984
Listing Agency: RE/MAX Realty One
Listed By: Sally Jenks · License #RB14036978
Source: Jmrealtyonline
Added: Oct 21 Changed: Nov 3 Last Checked: Nov 3 at 8:02AM

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 RE/MAX Realty One

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Investment Insights

Based on property information with market context.

This 3,780-square-foot upper-level medical office suite has 9–10 individual offices, a reception area, and a waiting area. The space was formerly used as a dental office. A new roof and large paved parking area are among the property’s physical features. Built in 1984, the building is zoned PB (Professional Business).

The property is surrounded by professional offices and senior housing. Rent includes taxes and insurance; the tenant is responsible for utilities and personal liability insurance.

Key Highlights

  • 3,780 square feet on the upper level
  • 9–10 individual offices, plus reception and waiting areas
  • Zoned PB (Professional Business)

Property Analytics

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Current Use

Marion Oral & Maxillofacial ... Dental Office Marion Oral & Maxillofacial ... Dental Office Dr. Shad Roundy Dental Office

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Gym & Fitness Center Spa & Massage Center Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

622
Businesses Nearby
Under-served
Demand for This Use

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Medical Office Space - The upper-level layout includes multiple private offices, reception, and a waiting area.
Where is this medical office space located?
The property is located at 702 River Drive Marion, IN.
What is the asking price?
The asking price for this property is $76,800.
What are key features of this property?
This property features: 3,780 square feet on the upper level; 9–10 individual offices, plus reception and waiting areas; Zoned PB (Professional Business)
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