This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

917 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

516 S. WASHINGTON ST., MARION, IN 46953 516 S Washington St

4,132 SF Retail Building Marion, IN 46953 $325,000 ($79/SF) 10.09% Cap Rate

Storefront Properties Indiana Marion 516 S Washington St, Marion, IN 46953

Investment Highlights

  • Automotive Color & Supply Corporation, a leading distributor of automotive and industrial coatings, anchors the property
  • A 10% cap rate with an NNN lease structure, and an attractive investment, o?er minimal landlord responsibilities and scheduled rental increases
  • A long-term lease structure and a reputable tenant in a crucial industry ensure a steady and pro?table income stream
  • This established tenant operates 10 locations across Indiana and Illinois, ensuring strong regional stability
  • Located in close proximity to downtown Marion, this prime location enhances accessibility and visibility making it a compelling investment opportunity

Attachments

OM_516 S Washington St Marion_Bradley

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
4,132 SF
Year Built
1920
Price
$325,000
Price Per SF
$79
Cap Rate
10.09%
NOI
$32,790
Tenancy
Single
Building Height
1 Story
Building FAR
0.95
Lot Size
0.10 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
LC/TC Limited Commercial

Links

1 of 1

Nearby Major Retailers

Northwest Bank
The YMCA
Wings Etc.
Rent-A-Center
ALDI
Anytime Fitness
(260) 755-7836

Contacts

  • Listing ID: 34257507

  • Date on Market: 12/20/2024

  • Last Updated:

  • Address: 516 S Washington St, Marion, IN 46953

The Retail Property at 516 S Washington St, Marion, IN 46953 is currently available for sale. Contact Bradley Company for more information.

Nearby Listings

1 of 5
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/5
516 S Washington St, Marion, IN for sale Primary Photo- Image 1 of 5
20241106_084841
516 S Washington St, Marion, IN for sale Building Photo- Image 2 of 5
20241106_084809
516 S Washington St, Marion, IN for sale Building Photo- Image 3 of 5
20241106_084739
516 S Washington St, Marion, IN for sale Building Photo- Image 4 of 5
20241106_084715

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

516 S. WASHINGTON ST., MARION, IN 46953 | 516 S Washington St
(260) 755-7836 x

516 S. WASHINGTON ST., MARION, IN 46953 | 516 S Washington St

1/2

Bill Drinkall

(260) 755-7836

(260) 755-7836

Conner Call

(260) 423-4311

(260) 423-4311

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link