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215 E 3rd Street Marion, IN $ 2,500,000
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$ 2,500,000 Get more info
215 E 3rd Street
$ 2,500,000
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215 E 3rd Street

Marion, IN, 46952
$ 2,500,000
Bedrooms-- Baths-- Sq 7,053

Monthly Estimate*

$ 15,393

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Commercial Property for sale in Marion, IN

for $2,500,000. This 7,053 square foot building was built in 1904 on a lot size of 0.4.

These historic apartments are full of unique features and right downtown in the epicenter of Marion. Conveniently located by the YMCA, delicious local restaurants and creative local small businesses in the Riverfront District, The Castle Apartments are perfect for anyone wanting to be in the center of the action. There are 11 - 2-bedrooms, 11 - 1-bedrooms, 1 Studio and 1 Office space. There are 4 - 1-bedrooms and 1 - 2-bedrooms furnished apartments in the building ready for extended stay or short-term rental. In the basement of the Castle Apartments there is room for bar/restaurant with a liquor license available.

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Commercial Active

Price

$ 2,500,000

Property Type

Commercial

Taxes

$ 4,296

Style

Multi-Family 5+

Lot Size

0.4

Year Built

1904

Town/City

Marion

County/Region

Grant

MLS | Web ID

22101157
Features
General
Utilities Electricity Connected Sewer Connected
Possession Negotiable
Zoning CB
Security Features Fire Alarm Smoke Detector(s)
Year Built 1904
Tenant Pays Cable TV
Township Center
Property Subtype Multi-Family 5+
Tax Year 2025
Current Use Apt>20 See Remarks
County Grant
New Construction N
Property Type Commercial Sale
Status Active
Directions St. Rd. 18 West is 3rd Street. located on the corner of 3rd and Branson Streets.
City Marion
High School District Marion Community Schools
Number Of Units Total 33
MLS Area 2707 - Grant - Center
Lot Size Square Feet 17424
Current Financing Conventional
Standard Status Active
Tax Lot 5-6
Legal Description 16-01-53 & 52 Lots 5 & 6 O P Blk 10 Mp 0706-401-037.000
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Exterior
Exterior Amenities Sprinkler System
Building Area Total 7053
Lot Size Acres 0.4
Road Surface Type Asphalt
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Interior
Basement (Y/N) Y
Laundry Features Common Laundry
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* Excluded Features
List By
Continental Real Estate Group

Broker

propertyinquiry@continentalrealestate.com

Email

Affordability Calculator

$15,751
Per Month
98%
2%
0%
Monthly Principal & Interest
$15,393
Monthly Property Taxes
$358
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
4046503 Elementary School
4046398 Middle School
Unknown High School High School
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Pricing History
DatePricePrice ChangeDescription
5/11/2026$2,500,000 Listed Price

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215 E 3rd Street, Marion, IN, 46952 is a Commercial Property for sale at $2,500,000 with 7,053 sqft and a lot size of 0.4. 215 E 3rd Street was built in 1904. The property's zip code is 46952 which is in Marion, IN

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