Retail (Building)

Strickland Brothers

2015 S Western Ave, Marion, IN 46953

Site Details

Address
2015 S Western Ave, Marion, IN 46953
Coordinates
40.54248, -85.67317
Type
Retail (Building)
County
Grant County
City Limits
Yes
Municipality
Marion

Building Size

Building Size
1,750 SF
Retail Space
1,750 SF

Building Details

Building Class
C
Building Status
Existing
Year Built
2024
Year Renovated
2024
Construction
Masonry
Number of Buildings
1
Floors
1
Air Conditioning
No
Heating
No
Parking Spaces
5
Parking Ratio
2.900 :1000
Vacant
No
Occupancy Type
Single Tenant
Percent Occupied
100 %

Land and Utilities

Land (Acres)
0.530 Acres
Land (SF)
23086.800 SF
Lot Frontage
99 FT
Zoning
Commercial
Land Use
Commercial
Electricity
Yes
Water
Yes
Wastewater
Septic
Wastewater Provider
MARION WWTP
Telecommunications
Yes
Body of Water
No

Roads

Property Access
Yes
Name Type Distance
US 35 Highway 13.0 miles
US 31 Highway 25.5 miles
SR 28 Highway 28.4 miles
I 69 Interstate Highway 8.2 miles
I 469 Interstate Highway 40.6 miles
I 465 Interstate Highway 53.3 miles

Airports

Name Code Distance
Marion Muni General Aviation Airport 3.7 miles
Converse General Aviation Airport 13.7 miles
Wabash Muni General Aviation Airport 18.6 miles

Taxes

Assessed Value - Land
$ 36,000
Assessed Value - Improvements
$ 20,400
Total Assessed Value
$ 56,400
Property Tax Rate
3 %
Property Tax Rate
$ 3 per $100
Property Tax
$ 1,692
Tax Year
2023
Transfer Tax
No

Acquisition

Status
Sold
Sale Price
$ 1,911,756
Sale Price
$ 1092.430 /SF
Sale Price
$ 3540349.210 /Acre
Cap Rate
6.700 %
NOI
$ 128087.650
Real Estate Representative
Yes