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    OFF-MARKET
    Warehouses

    112 Main St, Marion, IL 62959

    Property ID
    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
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Southern Illinois Mercantile Company Grocery & Convenience Store Specialty Food Shop
    Value estimations
    Realmo proprietary · 4 methods
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    Blend (final) Blend
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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