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415 - 417 S Branson Street, Marion, IN

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415 - 417 S Branson Street

Corner of S Branson & 5th
Marion, IN 46953-2095


Property Type:Office Sub Type:Office Live/Work Unit Status:Existing Year Built:1935
Stories:3 Typical Floor:- Building Size:14,014 SF
For Sale Price:$195,000 Price/SF:$13.91
Cap Rate:-
Parking:45 Surface spaces are available; Ratio of 4.79/1,000 SF


Class c office building

Sale Notes:
Marion, Indiana- 14,014 sq ft Commercial Building- Excellent income potential
14,014 sq ft Office building: a single story building and 3 storey building with ample parking space.
Great Investment Opportunity- Suitable for a variety of uses. Potential gross rental income: $140,000/ year.
Low Real Estate Taxes
Building currently vacant
For a tenant, the buildings offers large or small customizable professional space, with parking at the door. For an investor, the buildings offer flexible space that can be easily subdivided and rented out.
Buildings total area: 14,014 sq ft
The property consists of 4 parcels totaling: 0.705 acres
Class C office building Corner building, currently divided into four leaseable units on first floor:
Four finished office suites ready to lease or use with total leasable space (first floor only) of about 9,850 square feet. The two upper floors could be utilized for future growth as they need some rehab/ updating and have an area totalling 4,164 sq ft
Office space can be leased, from 858 sq. ft. and up.
The property has lots of rooms and nice long and wide hallway.
The parking lot has 45 parking slots.
Location:
Downtown office building in direct area of county and city government offices.
The property is in a nice neighborhood in a great commercial location in downtown Marion, right down the street from the police department, one block off the Square and very close to city and county offices, this building offers flexible space, convenience and ample off-street parking.

Princeton Commercial Holdings, LLC
Charles Zawde
(302) 338-9383




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