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    OFF-MARKET
    Office Spaces

    321 2Nd St, Marion, IN 46952

    15,120 SF 1.03 ac lot Built 1970
    Property ID
    Property summary
    AI-generated overview

    This two-story, 15,120 square foot, multi-tenant office building, constructed in 1970, is situated on 1.03 acres in Marion, Indiana's vibrant Riverwalk District at 321 E 2nd St, 46952. The building features one suite totaling 2,196 square feet currently available for lease. This ground-level space offers a convenient kitchenette, two private restrooms, and multiple private offices, ideal for a growing business. The building is zoned CB - Central Business and boasts an elevator for easy access to both floors. The property's location within the highly visible Waterfront Office Park provides excellent exposure. The building's APN is 27-07-06-104-077.000-002, and it's located in Grant County. This presents a unique opportunity to establish a presence in Marion's historic downtown area. The maximum contiguous space available is 2,196 square feet. The building consists of one building with a total of 15,120 square feet. The vacant space is 2,196 square feet.

    Property profile
    Verified
    Property type Office Spaces
    Year built 1970
    Total area 15,120 SF
    Lot 1.03 ac (44,867 SF)
    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
    • ICAP (formerly Action) Grant County Heating Assistance Government Economic Program
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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