402 S Washington Street, Marion, Indiana, 46952

$8,000,000

75,000 Sqft

1.25 Acres

37 ba

#202612751

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.

PROPERTY FEATURES

Internal Rooms : Kitchen,Office
Public Utilities : Electric Hook-Up,Gas Hook-Up,Mun. Sewer to Site,Mun. Water to Site
Water Company : Marion Utilities
Sewer : City
Cable Company : Other,Spectrum
Electric Company : AEP/I&M
Gas Company : CenterPoint Energy
Parking Type : Asphalt Lot
Lighted Parking : Yes
Fire Protection : City
Security Light : Yes
Fire Doors : Yes
Road Access : City
Location : City
Exterior : Brick,Stone
Property Use : Investment Property
Present Use : Professional,Restaurant,Other
Special Features : Passenger Elevator,Over 440 Volts,Basement,Office Space,Public Restrooms,Reception Area,Ventilating/Exhaust Fans