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402 S Washington Street, Marion, IN 46952 (Sold on )

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  • The seller has accepted an offer on this property.

 $8,000,000

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  • 0 BedBeds
  • 37 BathBaths
  • SqftSqft
  • TypeCommercial
  • Active
  • MLS# 202612751

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Property Description

Remarkable Renovated Historic Building featuring 15000 sq ft of commercial space, fully leased, and 30 market rate apartments completed in 2021 and are typically fully leased/occupied. The Commercial Tenants include Yolanda's Soul Food Restaurant located in the Grand Lobby, F C Tucker Realty Center, Obi's BBQ Halstead Architects, and All State Insurance. The apartments are modern and sleek with great city views. Each apartment has a refrigerator, range, microwave, dishwasher, washer and dryer. Each unit has a designated parking spot. The newly paved parking lot also features a solar canopy powering the building. This is amazing Neoclassic Revival building lovingly overhauled by a talented architect team, and ready to add to your REIT or real estate investment portfolio.


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Property Details 402 S Washington Street, Marion, IN 46952

General

  • MLS#: 202612751
  • Property Type: Commercial
  • Property Sub Type: Mixed Use
  • Year Built: 1917
  • Area: Grant County
  • Subdivision: None
  • Township: Center
  • Total Baths: 37
  • Annual Property Tax: $6,647

Interior Features

  • Interior Features: Drywall
  • Flooring: Carpet, Concrete, Stone, Tile, Wood

Exterior Features

  • Fence: None
  • Driveway: Asphalt
  • Exterior Features: Brick, Stone

Structure

  • Stories: 8
  • Roof: Rubber
  • Basement/Foundation: Full Basement, Unfinished

Size & Lot

  • Lot SqFt: 54450
  • Acres: 1.25

Utilities

  • Cooling: Central Air, Multiple Cooling Units
  • Sewer: City
  • Utilities: Electric Hook-Up, Gas Hook-Up, Mun. Sewer to Site, Mun. Water to Site
  • Heating: Gas, Forced Air, Multiple Heating Systems
  • Water: City

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