201 S Washington Street Marion, IN ^$ 400,000

201 S Washington Street

^$ 400,000

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Recently Listed

201 S Washington Street

Marion, IN, 46952

^$ 400,000

Bedrooms-- Baths4.0 Sq 5,412

Monthly Estimate*

^$ 2,463

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Commercial Property for sale in Marion, IN

for $400,000 with 4 full baths. This 5,412 square foot building was built in 1890 on a lot size of 0.2.

Spacious office building with 10-12 offices, multiple kitchenettes, 4 baths and great space. This property is currently leased and great for investors featuring space that could be divided into multiple tenants, or used as one space with 5412 sq ft. New TPO membrane roof installed in the past 2 years, updated carpet and 4-5 parking spots to the rear with ample street parking available. This property is in downtown Marion near multiple restaurants, businesses, the Court House, City Hall and charming local shops in the Riverfront and DORA district.

Commercial Active

Price

^$ 400,000

Full Bath

Property Type

Commercial

Taxes

^$ 6,390

Style

Office

Lot Size

0.2

Year Built

1890

Town/City

Marion

County/Region

Grant

MLS | Web ID

202611407

Features

General

Heating Gas Forced Air

Cooling Central Air

Ceiling Height 10

Roof Other

Parking Yes Lot Off-Street Street

Sewer City

# of Buildings 1

Status Active Active

Bathrooms 4

Year Built 1890

New Construction No

Subdivision None

Stories Count 1

Township Center

Class COMMERCIAL

Present Use Investment Property

Type Office

Age 136

Special Features 220 Volts Single Phase Alley Office Space Reception Area

REO No

Status Detail 0

Area Grant County

Location City

City Marion

Legal Description LOT 2 BLK 11 OP 16-01-57

Virtual Tour https://www.propertypanorama.com/instaview/irmls/202611407

Agent First Name Susan

Agent Last Name Reese

DOM 12

Tax Year 2026

Exterior

Road Access City

Exterior Brick

Number of Parking Spaces 5

Lot Size Area 8712

Lot Dimensions 66x123

Parking Type On Site

Fence None

Waterfront Y/N No

Interior

Flooring Carpet Tile Vinyl

Basement/Foundation Slab

Walls Drywall

* Excluded Features

List By

Susan Reese

Listing Agent

F.C. Tucker Realty Center

Broker

susan@susanreese.com

Affordability Calculator

$2,995

Per Month

Monthly Principal & Interest: $2,463
Monthly Property Taxes: $533
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Marion, IN

Average List Price ^$892,082

Percent of Sale Price 123%

About Marion, IN

28,698 Population

-11% Since 2002

^$32,402 Median Income

36.5 Median Age

24% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

1237469 Elementary School

1237627 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
4/3/2026	$400,000		Listed Price

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201 S Washington Street, Marion, IN, 46952 is a Commercial Property for sale at $400,000 with 5,412 sqft and a lot size of 0.2. 201 S Washington Street has 4.0 baths and was built in 1890. The property's zip code is 46952 which is in Marion, IN

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the Multiple Listing Service of the Indiana Regional Multiple Listing Service.

The data relating to real estate for sale on this web site comes in part from the Indiana Regional Multiple Listing Service. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/17/2026.

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201 S Washington Street

Commercial Property for sale in Marion, IN

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