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    1128 Baldwin Ave Marion, IN 46952

    Sponsored
    For Lease
    $9 SF/Yr

    Prime Marion, IN retail space available.

    Lot size:
    27,925 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional opportunity presents 27,925 square feet of vacant retail space at Five Points Mall in Marion, Indiana. Located at 1128 N Baldwin Ave, this single-tenant space boasts high visibility and significant foot traffic due to its proximity to Roses. The property, built in 1978, is a two-story Class C building situated on 6.4 acres of land and features 126 parking spaces. Its SC zoning allows for a variety of uses, including retail, service, or dining establishments. The ample space is ideal for businesses seeking to attract customers from the surrounding area. Further enhancing its appeal is the availability of pylon signage, ensuring maximum exposure to the mall's substantial shopper traffic. The property's address is 1128 N Baldwin Ave, Marion, IN 46952, with cross streets at N Baldwin Ave. The Grant County location is within the Five Points Mall submarket and has an APN of 27-03-36-401-001.011-023. This is a rare opportunity to secure a large, high-traffic retail space in a thriving commercial hub. The property offers significant potential for a variety of businesses seeking a prominent location in Marion, Indiana.

    Property Features for 1128 Baldwin Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    27,925 SF
    Class
    C
    Total Rate
    20943.75

    Building Details

    Year Built
    1978
    Stories
    2

    Unit(s) available at that property

    Space
    Size
    27,925 SF
    Rate per SF
    $12

    HighLights

    • Highly visible Five Points Marion retail center.
    • Prominent pylon signage available.
    • Strong tenant mix including Roses, Planet Fitness, Ruler Foods, JoAnn Fabrics, and a new Dollar Tree.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Grant
    State
    Indiana
    Longitude
    -85.6759862
    Latitude
    40.5718588

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    FAQs

    What type of property is this?
    Retail property - Prime Marion, IN retail space available.
    Where is this retail property located?
    The property is located at 1128 Baldwin Ave Marion, IN.
    What is the lease rate?
    The lease rate is $12 SF/Yr.
    What are key features of this property?
    This property features: Highly visible Five Points Marion retail center.; Prominent pylon signage available.; Strong tenant mix including Roses, Planet Fitness, Ruler Foods, JoAnn Fabrics, and a new Dollar Tree.
    Request Owner's contact information
    1128 Baldwin Ave Marion, IN 46952
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    Marion, IN 46952
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1128 Baldwin Ave Marion, IN 46952
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