222 W 2nd St - Industrial FOR SALE


Marion, IN 46952
$710,000 USD
260-422-8474
222 W 2nd St, Marion, IN for Sale
$710,000 USD
Industrial - FOR SALE
1/8
null | Request Cap Rate

222 W 2nd St
Marion, IN 46952


HIGHLIGHTS

  • Downtown corridor location
  • Close proximity to new riverfront development
  • Two floors of clear-span space
  • Large, dedicated parking lot included
  • Prime redevelopment potential
  • Favorable commercial zoning (LC/TZ)

OVERVIEW

Introducing a flexible industrial/warehousing investment opportunity in Marion, IN. This 11,438 SF building, constructed in 1930, offers two floors of clear-span space, ideal for versatile operations. Situated in the downtown corridor and zoned LC/TZ, the property boasts a large, dedicated parking lot and close proximity to a new riverfront development. With a favorable lease rate of $7.00 SF/yr NNN and a sale price of $710,000, this property presents a compelling proposition for investors and commercial businesses seeking a strategic commercial asset in the Grant County area.

FOR SALE DETAILS

PRICE

$710,000 USD

PRICE/SF

$62 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

222 W. 2nd St.

PROPERTY TYPE

Industrial

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1930

UTILITIES

-

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

1

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.51

LAND SF

22,216

ZONING

LC/TZ

APN/PARCEL ID

27-07-06-103-096.000-002

ASK ABOUT THIS PROPERTY

Daniel GabbardThe Zacher CompanyMore Info
260-422-8474

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Daniel GabbardThe Zacher CompanyMore Info
260-422-8474

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.