1106 Phemister Ln Marion, IL 62959
- Commercial real estate
- 11,240 SF
- 1.17 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 1106 Phemister Ln
- Year built
- 2004
- Lot size
- 1.17 lot acres
- Property size
- 11,240 SF
- Property type
- Commercial real estate
Description
This exceptional commercial property, located at 1106 Phemister Lane in Marion, Illinois, presents a fantastic opportunity for businesses seeking a substantial footprint in a thriving community. The building boasts 11,240 square feet of versatile space, ideal for a variety of commercial uses. A significant portion of this space is comprised of an open floor plan, offering flexibility for customization and efficient layout design. In addition to the expansive open area, the property includes a dedicated office space equipped with convenient restrooms. The building is equipped with two heating and cooling units, ensuring year-round comfort and operational efficiency. Situated on a 1.17-acre lot, the property offers significant additional land beyond the building's footprint. Approximately half an acre is occupied by the building itself, leaving a substantial level parcel of land available for expansion, parking, outdoor storage, or other uses as determined by the new owner. This property represents an affordable entry point into the Marion commercial real estate market, offering a compelling combination of size, functionality, and location. The property's prime location within the growing Marion community ensures excellent visibility and accessibility, making it an attractive option for businesses seeking to establish or expand their operations. This is a rare opportunity to acquire a substantial commercial property at a competitive price.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marion
- County
- Williamson
- State
- Illinois
- Longitude
- -88.8949
- Latitude
- 37.7341