914 W MAIN Street Marion, IL 62959
18,454 sq ft commercial building with redevelopment potential.
- Added:
- May 25, 2026
- Days on Market:
- 50
- Last Refresh:
- May 27 at 8:25 am
Property Features for 914 W MAIN Street
General Information
- Standard status
- Active
- Size
- 18,454 SF
- Lot size
- 1.47 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1975
Listing office House 2 Home Realty
Listing date May 25, 2026
Source Crexi
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 House 2 Home Realty
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location in Marion's HUB TIF District with high visibility.
- Large 18,454 sq. ft. building with flexible zoning.
- Loading dock and added overhead garage door for improved accessibility.
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $145.8k | $7.90 |
| − Vacancy | −$12.5k | −$0.68 |
| EGI | $133.2k | $7.22 |
| − OpEx | −$40.0k | −$2.17 |
| NOI | $93.3k | $5.05 |
