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$7,600,000
22118793 MLS
Business Overview * 36-hole daily fee golf operation, family owned, operated, and expanded since 1970 (55 years). * Sub S Corporation, registered Indiana domestic for-profit corporation. * No mortgage on land or buildings. * Favorable zoning; property taxes assessed via capitalization of income approach. * Full Indiana Beer and Liquor License with catering permit. * QuickBooks bookkeeping, Tee-On POS/inventory/online tee-time system, ADP payroll and payroll tax filing - full records available. * All federal/state tax filings completed by an accredited CPA firm; records available. * Customer e-mail database of 3,200+ verified addresses. * Current management team - including a Certified GCSAA Superintendent and 3 Certified Pesticide Applicators - Staff is willing to stay with new buyers. * Active member: NGCOA / INGCOA / NFIB / GCSAA. Real Estate & Facilities * 294.12 acres, 36 regulation holes across two adjacent 18-hole courses connected by cart path, each with its own clubhouse and practice putting green. * Historic two-story brick clubhouse on the National Register of Historic Places - restored, previously used as a second clubhouse, convertible to a residence; includes heat pump, additional restrooms, large parking lot, and cart/equipment storage. * Main clubhouse with cart storage, large concrete parking lot, pro shop, snack/beverage bar, restrooms, and geothermal heat pump. * 4-bedroom / 2-bath residence with basement and geothermal heat pump. * Propane-heated maintenance building plus a separate cart and equipment storage building. * 13-acre lighted driving range: range building with 11 covered hitting bays, restrooms, storage, office, and outing seating area (eight 6-ft round banquet tables, 50 folding chairs); practice sand trap and putting green; 500+ dozen new range balls added summer 2024. * Additional 9-hole "Kids Klub" course (329 yards, 8" cups) designed for ages ten and under. * On-course restroom/rain shelte

7453 E 400 S, Marion

$8,000,000
37 Baths 202612751 MLS
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.

402 S Washington St, Marion

$8,000,000
22095910 MLS
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.

402 S Washington Street, Marion

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