502 Christy St Marion, IN 46952
- Commercial real estate
- 0.30 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 502 Christy St
- Year built
- 1925
- Lot size
- 0.30 lot acres
- Property type
- Commercial real estate
Description
This exceptional 0.3-acre commercial lot, located at 502 E Christy Street in Marion, Indiana, presents a unique redevelopment opportunity. Previously utilized as a church, the property has been vacant for an extended period, offering a blank canvas for a variety of commercial ventures. The building's existing structure, while requiring significant attention and renovation, could potentially be repurposed or demolished to accommodate new construction. Given its size and location within Marion, this property holds significant potential for investors seeking a project with substantial upside. The asking price of $18,000 reflects the property's current condition and the need for substantial improvements. Buyers are strongly advised to conduct a thorough due diligence investigation, including a comprehensive property inspection, to assess the full scope of necessary repairs and renovations. All interested parties should be aware of the property's history as a vacant church and proceed with caution, acknowledging the potential risks associated with such a project. The property's location offers convenient access to local amenities and transportation routes, making it an attractive proposition for businesses seeking a prominent presence in Marion. Serious inquiries only. The sale is as-is.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Grant
- State
- Indiana
- Longitude
- -85.65388
- Latitude
- 40.57801
