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Office Building with Radio Towers
New
For Sale
$450,000

820 S Pennsylvania Street, Marion, IN 46953

A single-story office property includes private offices, former broadcast rooms, production areas, and a wooded river setting.

Property SizeContact for details
Days on Market5

Property Features for 820 S Pennsylvania Street

General Information

Standard status Active
Property subtype Commercial

Building Details

Year Built 1948
Buildings 1
Stories 1
Listing Agency: Hoosier Hub Realty LLC
Listed By: Jonah Hartsburg · License #RB19001065
Source: Castleonerealty
Added: Oct 20 Changed: Oct 23 Last Checked: Oct 23 at 4:27PM

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 Hoosier Hub Realty LLC

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Investment Insights

Based on property information with market context.

At 820 S Pennsylvania Street in Marion, this 5,373-square-foot, one-story office facility was built in 1948 and formerly served as a radio station. Its interior includes reception space, six private offices, a conference room, two restrooms, former studios and on-air rooms, a library, stage and production areas, plus utility and storage space.

The property spans approximately 17.34 acres, with open land, wooded frontage along the Mississinewa River, and three radio towers. Improvements include gas forced-air heat, central air conditioning, 200-amp electrical service, and an asphalt drive and parking area. The site is zoned LB Local Business and is being sold as is.

Key Highlights

  • 5,373‑square‑foot, one‑story office building constructed in 1948
  • Approximately 17.34 acres along the Mississinewa River, with open and wooded areas
  • Interior includes six private offices, a conference room, two restrooms, and former broadcast rooms

Property Analytics

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Current Use

WBAT Radio Station Star 106.9 FM Radio Station Your County 99.3 ... Radio Station

Suggested Use

Top Pick Dental Office Restaurant Real Estate Agency Spa & Massage Center Parking Lot & Garage Kitchen & Bath Showroom

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

207
Businesses Nearby

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
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?
Office building - A single-story office property includes private offices, former broadcast rooms, production areas, and a wooded river setting.
Where is this office building located?
The property is located at 820 S Pennsylvania Street Marion, IN.
What is the asking price?
The asking price for this property is $450,000.
What are key features of this property?
This property features: 5,373‑square‑foot, one‑story office building constructed in 1948; Approximately 17.34 acres along the Mississinewa River, with open and wooded areas; Interior includes six private offices, a conference room, two restrooms, and former broadcast rooms
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