1328 4th St Marion, IN 46952-3550

Property Details for 1328 4th St

Year built

1955

Lot size

0.09 lot acres

Property type

Parking lots & garages

APN

27-06-01-401-128.000-008

APU

270601401128000008

Description

This 1.2-acre commercial property in Marion, Indiana, is ideally situated at the intersection of two state highways (IN-18 and IN-9), boasting a combined daily traffic count of 33,384 vehicles. The property features excellent visibility due to its hard corner location with a signalized intersection. This strategically located site benefits from its position between established retail corridors, serving both the north and south sides of Marion. It's less than a mile from downtown Marion and 2.9 miles from Indiana Wesleyan University, Indiana's largest private university, with over 13,800 students. The property offers three access points for convenient ingress and egress, and generates additional income from existing pylon signage (lease terminable). Currently zoned GB-GENERAL BUSINESS, the site is comprised of three individual parcels that can be sold together or separately. If used as a single parcel, an alley vacation is required, but the city is supportive, and the seller will cover the costs if all parcels are purchased for unified use. The asking price is $495,000, with build-to-suit options negotiable. This presents a unique opportunity for a variety of commercial ventures, including auto parts stores, car washes, restaurants, office buildings, convenience stores, or banks.