1121 Baldwin Ave Marion, IN 46952-2535
- Retail space
- 6,791 SF
- 0.69 lot acres
May 05, 2025
Current Use by Public Records
- Retail space
Property Details for 1121 Baldwin Ave
- Year built
- 2006
- Construction
- TYPE NOT SPECIFIED
- Lot size
- 0.69 lot acres
- Property size
- 6,791 SF
- Property type
- Retail space
- APN
- 27-03-36-401-033.000-023
- APU
- 270336401033000023
Description
This exceptional 6,888-square-foot freestanding retail building presents a compelling value-add investment opportunity in Marion, Indiana. Located on a 0.69-acre lot at 1121 N Baldwin Ave, this vacant property boasts multiple points of ingress and egress, ensuring high visibility and accessibility. Built in 2006, the building previously housed an Advance Auto Parts and benefits from its prominent outlot position adjacent to the Five Points Mall. The property's strategic location along Marion's main retail corridor places it amidst a thriving commercial landscape, with nearby national retailers including Planet Fitness, Buffalo Wild Wings, Subway, Ruler Foods, and McDonald's. The area also enjoys the presence of Indiana Wesleyan University, contributing to a robust and diverse customer base. The asking price is $650,000, translating to a price per square foot of $94.37. This fee-simple ownership opportunity offers significant potential for redevelopment or lease to a variety of tenants, including banks, quick-service restaurants, or other retail businesses. The property's open retail box design provides flexibility for customization and tenant improvements. The property's APN is 27-03-36-401-033.000-023. This is a rare chance to acquire a well-situated retail property in a growing market.
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
- -85.6765
- Latitude
- 40.5719
- CBSA code
- 31980
- CBSA name
- MARION, IN MICROPOLITAN STATISTICAL AREA
