Property profile

112 Main St Marion, IL 62959

OFF-MARKET
Warehouses
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Property summary

AI-generated overview

This exceptional commercial property, located at 112 E MAIN Street in the heart of downtown Marion, Illinois (zip code 62959), offers a unique opportunity for businesses seeking a versatile space. The property encompasses a single-tenant, 4,400 square foot building, ideally suited for a variety of commercial or warehouse uses. Its zoning is designated as Commercial, allowing for flexibility in its operational application. The building itself is one of one, with a total of one suite. The property features a land component, in addition to its existing building, and is situated in a rapidly developing area of Marion's downtown square. The property is currently available for lease at a monthly rate of $3100. While the property does not include any dedicated parking spaces, its central location offers convenient access to public parking options. The APN for this property is 07-18-367-009. This is an excellent chance to establish or expand your business in a thriving downtown environment. The property's versatile nature, combined with its prime location, makes it an attractive investment for discerning businesses. Take advantage of this opportunity to become part of Marion's exciting growth story.

Property profile

Verified
Property type Warehouses

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Grocery & Convenience Store Specialty Food Shop

Location

112 Main St Marion, IL 62959
Marion metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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