45 E St, Marion, IN 46953
This exceptional 1.16-acre commercial land parcel in Marion, Indiana, presents a unique investment opportunity. Located at 45 S 600 E Street, this 50,530 square foot site boasts a highly desirable location with significant visibility and accessibility. The property is zoned to accommodate a wide range of commercial uses, including gas stations, restaurants, and hotels, making it an ideal location for a variety of businesses. Its strategic position benefits from a dedicated stoplight, the only one west of I-69 exit, ensuring high traffic flow and excellent exposure to potential customers. The surrounding area is experiencing significant growth, with numerous new businesses, hotels, and retail outlets recently established. This prime location offers unparalleled potential for substantial returns on investment. The property's size and zoning flexibility provide ample opportunity for development, catering to a diverse range of commercial ventures. The presence of the stoplight significantly enhances visibility and accessibility, making it an attractive location for businesses seeking high traffic volume. This is a rare opportunity to acquire a strategically located commercial property in a thriving area. The asking price is $395,000. The property is situated in Grant County, Indiana, with a zip code of 46953.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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