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516 S Washington St
Marion, IN 46953

$325,000 USD

Storefront For Sale  •  4,132 SF

Property Details

  • Property Type Storefront
  • Total Building Size 4,132 SF
  • Lot Size 0.1 AC
  • Year Built 1920
  • Cap Rate 10.09 %
  • Tenancy Single
  • Zoning LC/TC Limited Commercial
0 Transit Score
62 Walk Score

Highlights

Automotive Color & Supply Corporation, a leading distributor of automotive and industrial coatings, anchors the property
This established tenant operates 10 locations across Indiana and Illinois, ensuring strong regional stability
A 10% cap rate with an NNN lease structure, and an attractive investment, o?er minimal landlord responsibilities and scheduled rental increases
Located in close proximity to downtown Marion, this prime location enhances accessibility and visibility making it a compelling investment opportunity
A long-term lease structure and a reputable tenant in a crucial industry ensure a steady and pro?table income stream

Property Flyers

Cap Rate: 10.09 %
Bill Drinkall 260-755-7836 Bradley Company
Bill Drinkall 260-755-7836 Bradley Company