Property profile

1702 Adams St Marion, IN 46953

OFF-MARKET
Auto shops
Property ID
US31-1329253
3,356 SF 0.12 ac lot Built 1900
Entity Owned 1-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional turnkey auto repair shop at 1702 S Adams Street, Marion, IN, presents a unique investment opportunity. The property includes six spacious garage bays, all essential equipment and tools, and a computer system with specialized auto repair software – allowing for immediate operation. No additional equipment investment is needed to begin operations. The sale also includes an adjacent vacant 0.23-acre city lot at 1701 S Washington Street, offering significant potential for expansion or additional parking. This high-traffic location near downtown Marion ensures excellent visibility and a steady stream of potential customers. The property's strategic placement is designed to attract walk-in business and build a strong client base. This complete package offers a ready-made business setup, combining a prime location with all the necessary tools and technology for immediate success. The existing infrastructure, including the software, streamlines administrative tasks, diagnostics, and customer management, ensuring efficiency and a modern operational workflow. This is an ideal opportunity for an established business seeking expansion or an entrepreneur entering the automotive service industry. The property's combination of convenience, equipment, and space provides a solid foundation for future growth and profitability. Priced at $80,000.

Property profile

Verified
Property type Auto shops
Use group AUTO REPAIR, GARAGE
Year built 1900
Construction WOOD
Total area 3,356 SF
Lot 0.12 ac (5,280 SF)
APN 27-07-07-104-144.000-002
UPID US31-1329253

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Repair Shop
  • Auto Repair Shop

Location

1702 Adams St Marion, IN 46953-3215
Marion metro Census 200 MARION, IN MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$260k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$190k

Owner & transaction history

since 2025
3 recorded transactions
2025
Price N/A
2023
Price N/A
2023
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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