3148 Western Ave Marion, IN 46953-3965
- Turn key restaurants
- 8,966 SF
- 1.35 lot acres
Mar 18, 2022
Current Use by Public Records
- Turn key restaurants
Property Details for 3148 Western Ave
- Year built
- 1991
- Construction
- WOOD
- Lot size
- 1.35 lot acres
- Property size
- 8,966 SF
- Property type
- Turn key restaurants
- APN
- 27-06-13-800-007.002-008
- APU
- 270613800007002008
Description
This exceptional 1.34-acre retail outlot in Marion, Indiana, presents a unique investment opportunity. Situated in Grant County's strongest retail corridor, this property boasts unparalleled visibility and accessibility on Western Avenue, a high-traffic road with 25,553 cars daily. The location benefits from a signalized intersection, ensuring easy ingress and egress for customers. This outlot is part of a thriving commercial area, anchored by a Walmart Supercenter and surrounded by established national brands including Taco Bell, Starbucks, Aspen Dental, and O'Reilly Auto Parts. The 15-mile trade area encompasses a substantial population of 75,735, providing a large potential customer base. Its central location within the county seat offers convenient access to Indiana Wesleyan University, Marion High School, and major employers, further enhancing its appeal. This single-tenant property is ideal for a variety of retail uses and represents a rare chance to secure a prime location in a high-growth market. The property's strategic placement and strong surrounding businesses make it an exceptional investment opportunity with significant potential for return. This is a must-see for any investor seeking a high-traffic, high-visibility retail location.
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
- -85.6743
- Latitude
- 40.5324
- CBSA code
- 31980
- CBSA name
- MARION, IN MICROPOLITAN STATISTICAL AREA