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Professional Office Building with Conference Center
For Sale
Under Contract
$299,900

703 W CHAPEL Pike, Marion, IN 46952

COMMERCIAL, Marion, IN

Property Size3,618 SF
Lot Size0.60 Acres
Price / SF$82.89
Days on Market93

Property Features for 703 W CHAPEL Pike

General Information

Property type Commercial Sale
Property subtype Office
Parking features Off Street
Lot features City
Directions East on Marion bypass to stop light at Quarry Road. Turn North onto Quarry Road. Take the immediate turn West onto Chapel Pike. Commercial building is located on the South side of the road.
Subdivision Grant County
Standard status Active Under Contract
APN 27-02-31-201-004.000-002
Lot size 0.60 Acres

Taxes and HOA fees

Tax Year 2026
Tax Description 16-35-9820 PT NW SEC 31; .5964 A
Tax Annual Amount 6648
Legal Description 16-35-9820 PT NW SEC 31; .5964 A

Utilities

Cooling system Central Air, Multi Units

Amenities

On Site Surveillance
Storage Shed
Full Kitchen
Training Center/Conference Room

Building Details

Year built 1983
Flooring type Laminate, Carpet
Roof type Shingle, Asphalt
Listing Agency: RE/MAX Realty One · RE/MAX International
Listed By: Joe Schroder · License #RB14046645
Added: May 29 Changed: Aug 26 Last Checked: Aug 29 at 1:06AM
MLS# 202620555

Copyright © 2026 REALTORS Association of Central Indiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,618 SF office building offers a professional configuration suited to administrative, medical, dental, accounting, and other professional services uses. The interior includes a reception area, waiting room, built-in reception desk, private offices, several offices with private baths, a 24x18 training or conference room, a second conference room, kitchen and break area, public restrooms, and a built-in back-office workstation. Three points of entry support convenient circulation, while laminate and carpet flooring are installed throughout.

The property occupies 0.6 acres at 703 W CHAPEL Pike in Marion, Indiana. Asphalt-paved parking provides 40 spaces, and the site includes a storage shed and on-site surveillance. Built in 1983, the building has central air with multiple units and a shingle/asphalt roof. Furnishings may be negotiable or included, and the property is available immediately.

Key Highlights

  • 3,618 SF office building on a 0.6‑acre site
  • 40 asphalt‑paved parking spaces
  • 7 restrooms, including private baths in several offices

Property Analytics

Current Use

Wellspring Family Medicine Medical Clinic New Horizons Home ... Home Health Care Service

Suggested Use

Top Pick Building Supply Spa & Massage Center Gym & Fitness Center (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Cafe & Coffee Shop

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

273
Businesses Nearby

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

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Office building - Flexible commercial layout with private offices, multiple entrances, abundant parking, and on-site surveillance.
Where is this office building located?
The property is located at 703 W CHAPEL Pike Marion, IN.
What is the asking price?
The asking price for this property is $299,900.
What are key features of this property?
This property features: 3,618 SF office building on a 0.6‑acre site; 40 asphalt‑paved parking spaces; 7 restrooms, including private baths in several offices
More about this property
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