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    Marion, IN Shopping Centers for Sale

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    Warren, IN Gas City, IN Hartford City, IN
    Valley View Plaza Retail Center
    $4,200,000
    37,193 SF
    Valley View Plaza Retail Center

    3156 S Western Ave, Marion, IN 46953

    37,193 SF shopping center in Marion, Indiana for sale.
    • 87.1% Occupancy Rate with Value‑Add Opportunity: Increase NOI by leasing the remaining space.
    • Prime Retail Corridor Location: Situated on Western Avenue, the dominant retail hub in Marion, Indiana.
    • Shadow Anchored by Walmart: Benefits from high traffic.
    • Strong National Tenant Mix: Leased to established retailers including Goodwill, Dollar Tree, and CATO.
    • Strategic Location: Positioned between Fort Wayne and Indianapolis, serving Marion and Grant County.
    Updated: Jan 13, 2025
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    Based on your search, we've compiled 35 Potential Opportunities for your consideration. Besides 1 Active listings in Marion, IN, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 26 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    University-Adjacent Retail Strip Center
    $950,000
    2.42 Acres
    University-Adjacent Retail Strip Center

    Retail strip center with strong boulevard visibility and convenient I-69 access for everyday customer traffic.

    1915 University Boulevard, Anderson, IN 46012

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    Anderson Neighborhood Shopping Center For Sale
    $375,000
    0.64 Acres
    Anderson Neighborhood Shopping Center For Sale

    North Anderson shopping center with laundry mat and rental income.

    2401-2409 Broadway Street, Anderson, IN 46012

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    High-Traffic Retail and Restaurant Center
    $999,000
    0.78 Acres
    High-Traffic Retail and Restaurant Center

    Multi-tenant shopping and restaurant property on a heavily traveled state highway with an existing long-term Pizza King lease.

    620 - 640 E Washington Street, Winchester, IN 47394

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    Fully Leased Commercial Building
    $999,000
    Fully Leased Commercial Building

    Fully leased commercial building on State Road 32.

    620 - 640 E Washington Street, Winchester, IN 47394

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    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Muncie Commercial Land For Sale
    $200,000
    1.80 Acres
    Muncie Commercial Land For Sale

    1.8 acre commercial lot with garage near Wheeling Avenue.

    4917 N Wheeling Parcel B Avenue, Muncie, IN 47304

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    Zoned Neighborhood Shopping Center Parcels
    $2,700,000
    21.55 Acres
    Zoned Neighborhood Shopping Center Parcels

    Four B-3 commercial land parcels offer flexible development options near established retail and banking tenants.

    241 N Scatterfield Road, Anderson, IN 46012

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    B-3 Zoned Commercial Land Parcel
    $812,000
    8.12 Acres
    B-3 Zoned Commercial Land Parcel

    8.12+-acre B-3 commercial parcel with University Blvd frontage and direct access from Scatterfield Road.

    University Boulevard, Anderson, IN 46012

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    Noblesville Land Parcel For Sale
    $1,799,000
    2.20 Acres
    Noblesville Land Parcel For Sale

    2.2-acre parcel zoned PB in high-visibility Noblesville corridor.

    4844 Conner Street, Noblesville, IN 46060

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    Off-Market Properties in Marion, IN

    Consider similar Off-Market properties in Marion, IN. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    4018 Western Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    49,976 SF Lot: 4.96 Acres
    Estimated value
    $3,690,000

    4018 Western Ave, Marion, IN 46953-4999

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    1105 38th St
    WHOLESALE OUTLET, DISCOUNT STORE
    9,100 SF Lot: 0.89 Acres
    Estimated value
    $840,000

    1105 38th St, Marion, IN 46953-4461

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    1129 Baldwin Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    38,025 SF Lot: 0.90 Acres
    Estimated value
    $880,000

    1129 Baldwin Ave, Marion, IN 46952-2562

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    1129 Baldwin Ave
    REGIONAL SHOPPING CENTER, MALL
    293,854 SF Lot: 15.79 Acres
    Estimated value
    $31,165,000

    1129 Baldwin Ave, Marion, IN 46952-2562

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    1129 Baldwin Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    468 SF
    Value Estimation by Request

    1129 Baldwin Ave, Marion, IN 46952-2562

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    3409 Western Ave
    SHOPPING CENTER, STRIP CENTER
    6,250 SF Lot: 0.36 Acres
    Estimated value
    $805,000

    3409 Western Ave, Marion, IN 46953-4284

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    1515 Western Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    18,200 SF Lot: 1.02 Acres
    Value Estimation by Request

    1515 Western Ave, Marion, IN 46953-1543

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    1401 26th St
    WHOLESALE OUTLET, DISCOUNT STORE
    94,496 SF Lot: 11.78 Acres
    Estimated value
    $1,665,000

    1401 26th St, Marion, IN 46953-2811

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    3416 Western Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    18,900 SF Lot: 4.82 Acres
    Estimated value
    $1,655,000

    3416 Western Ave, Marion, IN 46953-4203

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    3228 Western Ave
    SHOPPING CENTER, STRIP CENTER
    15,701 SF Lot: 4.66 Acres
    Estimated value
    $1,860,000

    3228 Western Ave, Marion, IN 46953-3967

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    1500 Western Ave, Unit A
    SHOPPING CENTER, STRIP CENTER
    110,040 SF Lot: 8.00 Acres
    Unit A

    1500 Western Ave, Marion, IN 46953-1542

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    3820 Western Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    2,640 SF Lot: 29.02 Acres
    Value Estimation by Request

    3820 Western Ave, Marion, IN 46953-4901

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    3201 Western Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    7,150 SF Lot: 0.94 Acres
    Estimated value
    $680,000

    3201 Western Ave, Marion, IN 46953-3968

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    816 Baldwin Ave
    SHOPPING CENTER, STRIP CENTER
    12,070 SF Lot: 1.04 Acres
    Estimated value
    $1,480,000

    816 Baldwin Ave, Marion, IN 46952-2542

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    3308 Western Ave
    Neighborhood centers
    29,974 SF
    Value Estimation by Request

    3308 Western Ave, Marion, IN 46953

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    3156 Western Ave
    Lifestyle centers
    37,193 SF Lot: 4.71 Acres
    Value Estimation by Request

    3156 Western Ave, Marion, IN 46953

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    227 Westwood Dr
    SHOPPING CENTER, STRIP CENTER
    19,597 SF Lot: 1.69 Acres
    Estimated value
    $2,205,000

    227 Westwood Dr, Marion, IN 46952-3212

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    1535 Western Ave, Unit 1559
    WHOLESALE OUTLET, DISCOUNT STORE
    91,935 SF Lot: 7.97 Acres
    Estimated value
    $1,780,000
    Unit 1559

    1535 Western Ave, Marion, IN 46953-1543

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    3101 Western Ave
    SHOPPING CENTER, STRIP CENTER
    14,800 SF Lot: 1.66 Acres
    Estimated value
    $1,805,000

    3101 Western Ave, Marion, IN 46953-3966

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    3240 Western Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    187,084 SF Lot: 15.68 Acres
    Estimated value
    $14,135,000

    3240 Western Ave, Marion, IN 46953-3967

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    3702 Western Ave
    SHOPPING CENTER, STRIP CENTER
    15,740 SF Lot: 0.92 Acres
    Estimated value
    $1,850,000

    3702 Western Ave, Marion, IN 46953-4827

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    3164 Western Ave
    SHOPPING CENTER, STRIP CENTER
    36,750 SF Lot: 4.71 Acres

    3164 Western Ave, Marion, IN 46953-3965

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    4114 Western Ave
    WHOLESALE OUTLET, DISCOUNT STORE
    55,512 SF Lot: 3.88 Acres
    Estimated value
    $4,150,000

    4114 Western Ave, Marion, IN 46953-4989

    View details

    Marion, IN Shopping Centers Investment Opportunities Market Analysis

    Explore 27 shopping centers for sale in Marion, IN on our real estate platform. These investment opportunities span a total of 37,193 square feet of properties for sale, with an estimated market value of $4,200,000.

    Sale prices for plazas in Marion, IN start at $4,200,000, averaging $4,200,000, and reaching up to $4,200,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Shopping centers 5
    Automotive properties 3
    Storefront properties 3
    Auto shops 2
    Gas stations 1

    Demographics Overview

    Population 41K
    Population Growth (5Y) -2.5%
    Median Household Income $49,349
    College Educated 29.1%

    High-Yield Neighborhoods for Investment

    Identify Marion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    46953 $4.2M

    Taxes & Financing

    Tax Rate (average for all types) 2.54%
    Property Tax per SF $45.73 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Property Size Breakdown

    The majority of commercial real estate listings in Marion fall within the 2,500 to 5,000 square foot range.

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