Retail (Building)

Hawk motors

702 S Baldwin Ave, Marion, IN 46953

Site Details

Address
702 S Baldwin Ave, Marion, IN 46953
Coordinates
40.55440, -85.67596
Type
Retail (Building)
County
Grant County
City Limits
Yes
Municipality
Marion

Building Size

Building Size
672 SF
Rentable Space
672 SF
Retail Space
672 SF

Building Details

Building Class
C
Building Status
Existing
Year Built
1977
Construction
Masonry
Number of Buildings
1
Floors
1
Restrooms
1
Air Conditioning
Yes
Heating
Yes
Parking Spaces
17
Parking Ratio
25.300 :1000
Vacant
No
Occupancy Type
Single Tenant
Owner Occupied
Yes
Percent Occupied
100 %

Land and Utilities

Land (Acres)
0.230 Acres
Land (SF)
10018.800 SF
Lot Frontage
119 FT
Zoning
Commercial
Land Use
Commercial
Electricity
Yes
Water
Yes
Wastewater
Septic
Wastewater Provider
MARION WWTP
Telecommunications
Yes
Telecommunications Provider
{'name': 'AT&T; Spectrum; Metronet Holdings; Verizon', 'type': None, 'address': None, 'city': None, 'state': None, 'phone': None, 'website': None, 'first_name': None, 'last_name': None, 'title': None, 'organization': None, 'email': None}
Easements
Yes
Body of Water
No

Incentives and Abatements

Incentive Zone
Yes
Tax Incentives
Yes
Abatements
Yes

Roads

Property Access
Yes
Name Type Distance
US 35 Highway 12.1 miles
US 31 Highway 26.4 miles
SR 28 Highway 29.2 miles
I 69 Interstate Highway 12.1 miles
I 469 Interstate Highway 39.7 miles
I 465 Interstate Highway 54.1 miles

Airports

Name Code Distance
Marion Muni General Aviation Airport 4.5 miles
Converse General Aviation Airport 12.9 miles
Wabash Muni General Aviation Airport 17.8 miles

Taxes

Assessed Value - Land
$ 55,000
Assessed Value - Improvements
$ 15,400
Total Assessed Value
$ 70,400
Property Tax Rate
3 %
Property Tax Rate
$ 3 per $100
Property Tax
$ 2,112
Tax Year
2023
Transfer Tax
No

Acquisition

Status
Sale
Sale Price
$ 234,000
Sale Price
$ 348.210 /SF
Sale Price
$ 936,000 /Acre
Cap Rate
10 %
NOI
$ 23,400
Real Estate Representative
Yes