1001 Western AveMarion, IN 46952

Property Details for 1001 Western Ave

Year built

1988

Construction

TYPE NOT SPECIFIED

Lot size

0.92 AC

Property size (Sq ft)

10,600 SF

Property type

Office properties

APN

27-03-36-404-007.000-023

APU

270336404007000023

Description

Sparta Square, located at 1001 N Western Ave in Marion, Indiana, presents a fantastic opportunity for businesses seeking executive office space. This single-story, Class B building, constructed in 1988, offers a total of 10,600 square feet, with 4,200 square feet currently vacant and immediately available. The property sits on a 0.9-acre lot and is zoned GB General Business, providing flexibility for various professional uses. Multiple tenancy options are available, with spaces ranging from a minimum of 1,200 square feet to a maximum contiguous space of 4,200 square feet, catering to businesses of varying sizes. Ample parking is provided with 71 spaces. The property's address is 1001 N Western Ave, Marion, IN 46952, within Grant County. The building's features include a single story design, making it easily accessible and navigable. The property's APN is 27-03-36-404-007.000-023. This is an excellent opportunity to establish a presence in a well-located and functional office building. The available space is ideal for businesses seeking a convenient and efficient workspace in a thriving community. Contact us today to learn more about leasing options and schedule a viewing.

• CAP approach

  CAP return

  Valuation

  6%

  $1,904,049

  6.5%

  $1,757,584

  7%

  $1,632,042

• Comparable approach

  Method

  Valuation

  Relative Method

  $923,811

  Geo Method

  $1,316,414

• Alternative Use

  Use

  Valuation

  Residential

  $2,179,404

  Hospitality

  $1,996,322

  Educational

  $1,660,917

  Medical

  $1,718,038

  Retail

  $2,583,648

Location Insight

City

Marion

County

Grant

State

Indiana

Latitude

40.5705

Longitude

-85.6746

CBSA code

31980

CBSA name

MARION, IN MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].