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222 W 2nd St
Marion, IN 46952
222 W. 2nd St. · Industrial Property For Sale
Investment Highlights
- Downtown corridor location
- Two floors of clear-span space
- Prime redevelopment potential
- Close proximity to new riverfront development
- Large, dedicated parking lot included
- Favorable commercial zoning (LC/TZ)
Executive Summary
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.
Property Facts
| Sale Type | Owner User | No. Stories | 2 |
| Property Type | Industrial | Year Built | 1930 |
| Lot Size | 0.51 AC | No. Drive In / Grade-Level Doors | 1 |
| Rentable Building Area | 11,438 SF | Opportunity Zone |
Yes
|
| Zoning | LC/TZ | ||
| Sale Type | Owner User |
| Property Type | Industrial |
| Lot Size | 0.51 AC |
| Rentable Building Area | 11,438 SF |
| No. Stories | 2 |
| Year Built | 1930 |
| No. Drive In / Grade-Level Doors | 1 |
| Opportunity Zone |
Yes |
| Zoning | LC/TZ |
Property Taxes
| Parcel Number | 27-07-06-103-096.000-002 | Improvements Assessment | $117,840 CAD |
| Land Assessment | $91,866 CAD | Total Assessment | $209,705 CAD |
Property Taxes
Parcel Number
27-07-06-103-096.000-002
Land Assessment
$91,866 CAD
Improvements Assessment
$117,840 CAD
Total Assessment
$209,705 CAD
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