102 E 4th Street, Marion, IN 46952

$439,900

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List Price
$439,900
Price Change
▼ $10,100 1754948235
MLS#
202501662
Property Type
Mixed Use
Lot Size
3,049
Year Built
1920
Days on Market
557
Status
ACTIVE

Property Description

New price! Prime location loaded with lots of versatility and opportunity!! Own a high traffic commercial building located on the downtown Marion square in the historical district and NEW Riverfront District- where over $77M of private investments are taking place. Five (5) units total offering over 6,000 sq. ft. Unit 1 (401) is approximately 1,700 sq. ft. with a nice basement and bathroom. Currently vacant but previously used for professional services and has been very well-maintained throughout. Unit 2 (102) is located on the second floor and provides approximately 2,600 sq. ft. of possibilities! Currently being used for musical and photography services with multiple office suites and a bathroom. Previously had two bathrooms but one was converted to a storage closet. Unit 3 (405) is approximately 800 sq. ft. with a basement and bathroom and lower level vault room with original vault from when the unit operated as a jewelry store. Currently rented and is being used as a State Farm insurance office. Unit 4 (407) has approximately 650 sq. ft. and a half bath with a basement. This unit saw a complete remodel a couple years ago and is currently used and as a nutrition bar. Unit 5 (409) is located on the second floor and is approximately 600 sq. ft. This unit is currently rented and used as a tattoo shop, but could be transformed into a loft or many other things. All units are separately metered and have their own gas furnace and central A/C. Let your ideas run loose with all of the possibilities this beautifully maintained piece of history has to offer! All of the units have their own uniqueness while also maintaining the beautiful character and charm of the building. Truly an opportunity that doesn't come up often- don’t miss out on your chance to grow alongside a rapidly growing downtown scene!

Additional Information

Basement
Yes
Exterior
Brick
Lot Size
3,049
Acres
0.07
Cooling
Central Air

Listing courtesy of Caleb Oliver from J Meyer Real Estate Services, Inc. Cell: 765-667-5362

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IDX information provided by the Indiana Regional MLS