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    FOR LEASE
    Turn key restaurants

    1510 W Braewick Dr, Marion, IN 46952

    6,705 SF 2.05 ac lot Built 1993
    Entity Owned 9-yr Hold Absentee Owner Free & Clear
    Property ID
    US31-1631418
    Property summary
    AI-generated overview

    This exceptional 6,705-square-foot freestanding retail or restaurant building presents a unique investment opportunity in Marion, Indiana's vibrant Five Points Mall submarket. Situated on a generous 2.05-acre lot at 1510 W Braewick Drive, this single-tenant property boasts ample parking with 266 spaces. Built in 1993, the building is classified as Class C and features a single story design. The entire 6,705 square feet is currently vacant, offering immediate occupancy for a discerning buyer. The property's zoning is designated as GB, providing flexibility for a variety of commercial uses. Its convenient location within the bustling Five Points Mall area ensures high visibility and accessibility for customers. The property's address is 1510 W Braewick Drive, Marion, IN 46952, and its location is further identified by APN 27-03-36-404-001.000-023 in Grant County. This is a rare chance to acquire a substantial, well-located commercial property with significant potential for growth and return on investment. The expansive lot size offers ample room for expansion or outdoor amenities, enhancing the property's appeal and functionality. Don't miss this opportunity to secure a prime location in a thriving commercial area.

    Property profile
    Verified
    Property type Turn key restaurants
    Use group RESTAURANT
    Year built 1993
    Construction TYPE NOT SPECIFIED
    Total area 6,705 SF
    Lot 2.05 ac (89,298 SF)
    APN 27-03-36-404-001.000-023
    UPID US31-1631418
    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
    Value estimations
    Realmo proprietary · 4 methods
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    by Request
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    Owner & transaction history
    Five Points Acquisition LLC · 9 yrs held
    Five Points Acquisition LLC
    since 2017
    1 recorded transaction
    2017
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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