102 4Th St Marion, IN 46952

This exceptional commercial property, situated in the heart of downtown Marion's square, presents a lucrative investment opportunity. The building boasts five distinct units totaling over 6,000 square feet, each offering unique potential. Unit 1 (401), a spacious 1,700 square foot unit with a basement and bathroom, is currently leased for $800 per month and used for professional services. Unit 2 (102), a substantial 2,600 square foot space on the second floor, is currently rented for $650 per month and utilized for musical and photography services. Note that this unit previously had two bathrooms, one of which has been converted to storage. Unit 3 (405), an 800 square foot unit with a basement and bathroom, commands $800 in monthly rent and serves as a professional office. Unit 4 (407), a 650 square foot space with a half bath and basement, is currently leased for $700 per month as a nutrition bar. Finally, Unit 5 (409), a 600 square foot second-floor unit, previously a beauty salon, offers versatile possibilities for conversion, such as a loft apartment. All units are individually metered and equipped with their own gas furnace and central air conditioning. This meticulously maintained building, rich in history, offers a remarkable chance to capitalize on a prime downtown location and diverse rental income streams. The 0.07-acre lot provides ample space for the building and its tenants. This is a truly unique opportunity for a savvy investor.