For Sale
$349,900

3609 Western Ave Marion, IN 46953

Versatile buildings, high visibility, rental income potential.

Overview

Added:
Feb 3
Days on market:
73
This exceptional commercial property, located at 3609 S Western Avenue in Marion, Indiana, presents a unique investment opportunity. Boasting a prime location along the busy State Road 9 bypass, this 0.77-acre lot enjoys excellent visibility and benefits from a high daily traffic count of 24,859 vehicles (per TDCS 2024 data). The property currently houses a long-established small engine repair shop, offering immediate income potential or the flexibility to adapt to a variety of uses. The main building features four garage bays, a small parts room, a half bathroom, and 8-foot ceilings, providing ample space for a business operation. A second, substantial structure offers 5000 square feet of versatile space, constructed with block clear-span construction, a concrete floor, and two overhead doors (one 10-foot and one 12-foot). This building also includes a 200-amp electrical service, two hanging gas furnaces, and a roof that is less than 10 years old. Adding to the property's appeal are two smaller rental homes located at the rear. While requiring some repairs, these homes present a significant opportunity to generate additional rental income once renovated. This property has been owned and operated by the same family for over 50 years, a testament to its enduring value and potential. The combination of high visibility, versatile buildings, and rental income potential makes this a truly compelling investment opportunity. Priced at $349,900.

Property Details for 3609 Western Ave

Property type
Commercial real estate
Year Built
1960
Lot Size (sq. ft)
33,541 SF

Location Insight

City
Marion
County
Grant
State
Indiana
Latitude
40.52584
Longitude
-85.67305
3609 Western Ave, Marion, Indiana

FAQs

What type of property is this?
Commercial real estate - Versatile buildings, high visibility, rental income potential.
Where is the commercial real estate located?
The property is located at 3609 Western Ave Marion, IN.
What is the asking price?
The asking price for this property is $349,900.
How can I contact the broker?
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3609 Western Ave
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