Property summary
This exceptional 6,250 square foot retail property, located at 3409 S. Western Ave in Marion, Indiana, presents a compelling investment opportunity. Situated on a 0.364-acre lot, this Class B building, constructed in 1953, boasts a single story and multiple tenancies. The property's zoning is Commercial, with APN 27-07-18-302-053.000-002. Its strategic location within the Marion submarket offers high visibility and accessibility, benefiting from over 18,000 vehicles passing daily. This prime retail corridor location provides excellent potential for a variety of businesses. The flexible layout allows for the combination of adjacent spaces to accommodate larger tenants. The property's single-story design ensures easy navigation and accessibility for customers and employees. This well-established property offers a strong foundation for immediate income generation and long-term growth. Interested parties should investigate the property's potential to meet their specific business needs. The property is situated in a high-traffic area, making it an ideal location for businesses seeking maximum exposure.
Property profile
VerifiedCap rate & NOI
Current use
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Take-out & Catering Catering Service
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Tattoo & Piercing Shop
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Gym & Fitness Center
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Industrial Manufacturer
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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