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3 Buildings on 6 Parcels - Flexible Use 610 S Adams St 45,561 SF Vacant Industrial Building Online Auction Sale Marion, IN 46953
Matterport 3D Tour
INVESTMENT HIGHLIGHTS
- Take advantage of this rare chance to acquire a three-building former newspaper property with redevelopment potential.
- Premier zoning offers a wide range of potential uses, making this site an ideal opportunity for investors, developers, and owner/users alike.
- Located within blocks of key town institutions like USPS, Grant County Health Department, Marion Public Library, and Grant County Sheriff’s Office.
- 610 S Adams Street offers speedy access to Route 35 and State Roads 9, 18, and 22, allowing for efficient regional access.
- Surrounded by a mix of national and local retailers such as CVS, Family Dollar, OBI’s Barbecue, Ashley’s Ice Cream Café, and more.
- Area demographics are ideal for investors with a population on the rise and over 34,500 employees within a 5-mile radius.
EXECUTIVE SUMMARY
610 S Adams Street is an ideal location for buyers seeking their next customizable opportunity.
This offering presents a rare opportunity to acquire a portfolio of six parcels consisting of three buildings and three parking lots, totaling 45,561 square feet. Formerly home to the local newspaper’s production and distribution operations, the property is currently vacant and suited for redevelopment, adaptive reuse, or investment. Built in 1965, it remains a longstanding fixture in the Marion community. The site allows for a range of commercial uses, including retail, office, and service-related development. 610 S Adams Street is particularly suited for larger sites along major corridors with strong visibility and accessibility.
Marion, Indiana, is a mid-sized city in Grant County, known for its rich industrial history, vibrant cultural scene, and strategic location in the heart of the Midwest. Historically a manufacturing hub, Marion has long been associated with the automotive and glass industries, with companies such as General Motors maintaining a presence in the area. Today, the city’s economy is diversified, with healthcare, education, and logistics playing key roles. Indiana Wesleyan University, one of the largest private universities in the state, contributes significantly to the local economy and workforce development. Culturally, Marion embraces its deep-rooted arts and music traditions, hosting events like the Quilters Hall of Fame Celebration and the Marion Philharmonic Orchestra performances. The city also boasts a strong sports legacy, being the hometown of basketball legend James Dean and featuring one of the most successful high school basketball programs in Indiana. Its historic downtown is undergoing revitalization, with local businesses, art galleries, and eateries adding to the community’s charm. Located along the Mississinewa River, Marion is positioned conveniently between Indianapolis and Fort Wayne, offering residents and businesses access to major transportation routes while maintaining a small-town feel. The city’s affordability and ongoing economic development efforts make it an attractive location for businesses and families looking to invest in a growing yet historically rich community.
Property tours are available by appointment only. Please contact the listing broker to schedule.
This offering presents a rare opportunity to acquire a portfolio of six parcels consisting of three buildings and three parking lots, totaling 45,561 square feet. Formerly home to the local newspaper’s production and distribution operations, the property is currently vacant and suited for redevelopment, adaptive reuse, or investment. Built in 1965, it remains a longstanding fixture in the Marion community. The site allows for a range of commercial uses, including retail, office, and service-related development. 610 S Adams Street is particularly suited for larger sites along major corridors with strong visibility and accessibility.
Marion, Indiana, is a mid-sized city in Grant County, known for its rich industrial history, vibrant cultural scene, and strategic location in the heart of the Midwest. Historically a manufacturing hub, Marion has long been associated with the automotive and glass industries, with companies such as General Motors maintaining a presence in the area. Today, the city’s economy is diversified, with healthcare, education, and logistics playing key roles. Indiana Wesleyan University, one of the largest private universities in the state, contributes significantly to the local economy and workforce development. Culturally, Marion embraces its deep-rooted arts and music traditions, hosting events like the Quilters Hall of Fame Celebration and the Marion Philharmonic Orchestra performances. The city also boasts a strong sports legacy, being the hometown of basketball legend James Dean and featuring one of the most successful high school basketball programs in Indiana. Its historic downtown is undergoing revitalization, with local businesses, art galleries, and eateries adding to the community’s charm. Located along the Mississinewa River, Marion is positioned conveniently between Indianapolis and Fort Wayne, offering residents and businesses access to major transportation routes while maintaining a small-town feel. The city’s affordability and ongoing economic development efforts make it an attractive location for businesses and families looking to invest in a growing yet historically rich community.
Property tours are available by appointment only. Please contact the listing broker to schedule.
MATTERPORT 3D TOUR
Office Matterport Tour
OFFERING MEMORANDUM Click Here to Access
DATA ROOM Click Here to Access
- Offering Memorandum
- Operating and Financials
- Purchase Agreement
- Title and Insurance
PROPERTY FACTS
DEMOGRAPHICS
REGIONAL ACCESSIBILITY
CITY
POPULATION
MILES
DRIVE TIME
Indianapolis
867,125
77
1 h 31 m
Columbus
892,533
163
3 h 31 m
Chicago
2,705,994
176
3 h 56 m
Detroit
672,662
210
4 h 10 m
Washington
702,455
560
11 h 8 m
Charlotte
872,498
578
11 h 21 m
ACCESS AND LABOR FORCE
10 MILES
Total Population
59,424
Total Labor Force
27,692
Unemployment Rate
3.81%
Median Household Income
$48,219
Warehouse Employees
6,934
High School Education Or Higher
88.00%
$ values in USD
SALE ADVISORS
SALE ADVISORS
Noah Williams,
Business Development Executive
Noah T. Williams is a Business Development Executive at BellCornerstone. His unique blend of academic achievements, athletic background, and professional skills makes him an integral part of the BellCornerstone team. With a Bachelor of Science in Business Management from Norwich University and a concentration in financial economics, Noah is well-equipped to navigate the dynamic landscape of commercial real estate.
Before joining BellCornerstone, Noah was as a full-time student athlete at Norwich University, contributing his skills to both the men's hockey and golf team. This background not only showcases Noah's commitment to excellence but also highlights his ability to thrive in high-pressure environments. As a Business Development Executive, Noah continues to bring his dedication and diverse expertise to the forefront, contributing to the success and growth of BellCornerstone.
Before joining BellCornerstone, Noah was as a full-time student athlete at Norwich University, contributing his skills to both the men's hockey and golf team. This background not only showcases Noah's commitment to excellence but also highlights his ability to thrive in high-pressure environments. As a Business Development Executive, Noah continues to bring his dedication and diverse expertise to the forefront, contributing to the success and growth of BellCornerstone.
Aidan Cleghorn, Partner
Aidan Cleghorn is a Partner at BellCornerstone and a licensed real estate attorney in the state of New York. In addition to his work as a broker on high-dollar transactions, Aidan's diverse 10+ year track record includes econometric valuation work as a commercial real estate appraiser and court experience as a practicing attorney. A firm believer in responsive client engagement, Aidan has completed projects in over 30 states. With over $300M in real estate transactions across the country, Aidan has established the trust and confidence of his clients and staff.
Chris Cockerham,
Commercial Real Estate Broker and Manager
Chris Cockerham has over 27-years of experience in corporate real estate, commercial property management, commercial leasing, commercial and multifamily investment sales, and residential sales. Chris currently holds a Real Estate Broker’s License in Indiana and California. He is a graduate of Indiana University, Institute of Real Estate Management (IREM) Certified Property Management Program (CPM) and Graduate of the Realtor Institute (GRI). Chris also is a Professor at Indiana University's Kelley School of Business teaching real estate classes. Chris is an avid and important member of the community participating with counsels and boards such as the Community Foundation of Bloomington/Monroe County, the City of Bloomington Historic Preservation Commission, past Commissioner of the Monroe County Affordable Housing Commission, and served on the Foundation Board for the Goodwill of Central Indiana Board of Directors. Chris also participates in real estate related organizations such as serving as a director on the Indiana Association of Realtors and the Executive Committee for the Indiana Commercial Board of Realtors.
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AUCTION CONTACT
Sophy Cardenas
Contact
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Ten-X Arlene Richardson RE Brkr RC51500217 Online Auction
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MAP
3% Transaction Fee
Based on Winning Bid Amount
Minimum Transaction Fee
$20,000 USD
Maximum Transaction Fee
$300,000 USD
Example Calculation
Winning Bid Amount
$5,000,000 USD
Transaction Fee
$150,000 USD (3%)
Total Purchase Price
$5,150,000 USD
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3 Buildings on 6 Parcels - Flexible Use | 610 S Adams St
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3 Buildings on 6 Parcels - Flexible Use | 610 S Adams St
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