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402 S Washington Street Marion, IN $ 8,000,000
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402 S Washington Street
$ 8,000,000
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402 S Washington Street

Marion, IN, 46952
$ 8,000,000
Bedrooms-- Baths37.0 Sq 75,000

Monthly Estimate*

$ 49,257

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Commercial Property for sale in Marion, IN

for $8,000,000 with 37 full baths. This 75,000 square foot building was built in 1917 on a lot size of 1.25.

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.

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Commercial Active

Price

$ 8,000,000

Full Bath

37

Property Type

Commercial

Taxes

$ 6,647

Style

Mixed Use

Lot Size

1.25

Year Built

1917

Town/City

Marion

County/Region

Grant

MLS | Web ID

202612751
Features
General
Heating Gas Forced Air Multiple Heating Systems
Cooling Central Air Multiple Cooling Units
Ceiling Height 16
Roof Rubber
Parking Yes Off-Street Paved Private
Sewer City
# of Buildings 1
Status Active Active
Bathrooms 37
Year Built 1917
New Construction No
Subdivision None
Stories Count 8
Township Center
Class COMMERCIAL
Present Use Investment Property
Type Mixed Use
Age 109
Special Features Passenger Elevator Over 440 Volts Basement Office Space Public Restrooms Reception Area Ventilating/Exhaust Fans
REO No
Status Detail 0
Area Grant County
Location City
City Marion
Legal Description LOTS 1 & 4 & AL VAC BLK 21 O P LOTS 2 & 3 BLK 21 & AL VAC O P LOTS 7 & 8 EX 44 X 90' SW COR BLK 12 OP 16-01-124.02 24' E/SD LOT 2 BLK 21 & AL VAC O P
Virtual Tour https://www.propertypanorama.com/instaview/irmls/202612751
Agent First Name Susan
Agent Last Name Reese
DOM 4
Tax Year 2026
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Exterior
Road Access City
Exterior Brick Stone
Driveway Asphalt
Number of Parking Spaces 85
Lot Size Area 54450
Lot Dimensions Irregular
Parking Type Asphalt Lot
Fence None
Waterfront Y/N No
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Interior
Flooring Carpet Concrete Wood Tile Stone
Basement/Foundation Full Basement Unfinished
Walls Drywall
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* Excluded Features
List By
Susan Reese

Listing Agent

F.C. Tucker Realty Center

Broker

susan@susanreese.com

Email

Affordability Calculator

$49,811
Per Month
99%
1%
0%
Monthly Principal & Interest
$49,257
Monthly Property Taxes
$554
Monthly 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
1237469 Elementary School
1237627 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
4/13/2026$8,000,000 Listed Price

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402 S Washington Street, Marion, IN, 46952 is a Commercial Property for sale at $8,000,000 with 75,000 sqft and a lot size of 1.25. 402 S Washington Street has 37.0 baths and was built in 1917. The property's zip code is 46952 which is in Marion, IN

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