Commercial

1.05 Acres - Downtown Marion, IN

1328 W 4th St, Marion, IN 46952

Listing Price: $595,000

Lot Size
1.05 acres
Price/Acre
$566,667
Land Type
Land
Buildable Square Feet
45,738

Investment Overview

Marcus & Millichap is pleased to present the following development opportunity, consisting of .4 to 1.05 acres of commercial land located in the heart of Marion, Indiana at the intersection of two State highways.  The property offers excellent visibility from S. Baldwin Ave and W. 4th Street, where the combined traffic count exceeds 30,276 vehicles per day. The site benefits from the location between the development on the north end of Marion and the retail near the university on the south side. The parcel is just 2.9 miles from Indiana Wesleyan University with over 13,800 students enrolled annually. The property offers ingress and egress from three different access points and is located at a signalized, hard corner. It also offers additional income from the pylon signage advertising. This location would be an excellent opportunity for an auto parts store, car wash, restaurant, office building or bank. Build to suit option is also available. The property is made up of individual lots and an alley must be vacated to be used as a single parcel. Please note that the city will favorably consider vacation of this alley and the seller has agreed to pay for it, or could sell the parcels individually.

Investment Highlights

  • .4-1.05 Acres Available for Sale or Built to Suit
  • Signalized, Hard Corner Location in Downtown Marion | Income from Pylon Sign
  • Located 2.9 Miles from Indiana Wesleyan University with 13,800+ Students
  • Combined Traffic Count of 30,276 VPD on Baldwin Ave and W. 4th St
  • Centrally Located Between North and South Retail Corridors – Serves Both Communities
  • Ingress and Egress from 3 Access Points

Exclusively Listed By

Commercial

1.05 Acres - Downtown Marion, IN

Listing Price: $595,000

Lot Size
1.05 acres
Price/Acre
$566,667
Land Type
Land
Buildable Square Feet
45,738

Investment Highlights

  • .4-1.05 Acres Available for Sale or Built to Suit
  • Signalized, Hard Corner Location in Downtown Marion | Income from Pylon Sign
  • Located 2.9 Miles from Indiana Wesleyan University with 13,800+ Students
  • Combined Traffic Count of 30,276 VPD on Baldwin Ave and W. 4th St
  • Centrally Located Between North and South Retail Corridors – Serves Both Communities
  • Ingress and Egress from 3 Access Points

Investment Overview

Marcus & Millichap is pleased to present the following development opportunity, consisting of .4 to 1.05 acres of commercial land located in the heart of Marion, Indiana at the intersection of two State highways.  The property offers excellent visibility from S. Baldwin Ave and W. 4th Street, where the combined traffic count exceeds 30,276 vehicles per day. The site benefits from the location between the development on the north end of Marion and the retail near the university on the south side. The parcel is just 2.9 miles from Indiana Wesleyan University with over 13,800 students enrolled annually. The property offers ingress and egress from three different access points and is located at a signalized, hard corner. It also offers additional income from the pylon signage advertising. This location would be an excellent opportunity for an auto parts store, car wash, restaurant, office building or bank. Build to suit option is also available. The property is made up of individual lots and an alley must be vacated to be used as a single parcel. Please note that the city will favorably consider vacation of this alley and the seller has agreed to pay for it, or could sell the parcels individually.

Exclusively Listed By

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