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123 E 3rd Street

Marion, IN 46952
  • $525,000
  • STATUS: Active
  • ON SITE: 7 Days
  • MLS #: 202611879
UPDATED: 129 min ago
$525,000
  • 0
    BEDS
  • 0.2
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,216
    SQFT
Neighborhood:
None
Type:
Commercial
Built:
1900
County:
Grant
Area:
Grant

School Ratings & Info

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Listing provided by Susan Reese of F.C. Tucker Realty Center: Cell: 765-517-1514.

Description

Amazing Renovated Commercial Building located in the Riverfront District, the DORA and in bustling downtown Marion. This space was overhauled with the care and Architects touch featuring updated floor to ceiling windows on the main level cafe/restaurant and in the 2 apartments on the 2nd level. All units are rented in this turnkey property. The exterior features a gated park with stage and courtyard feel for al fresco dining and live entertainment.

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© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Data last updated: 2026-04-16T00:27:49.783.

www.felecialivingstonrealestate.com/homes/174935826
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123 E 3rd Street Marion, IN 46952

  • Price: $525,000
  • Status: Active
  • On Site: 7 Days
  • Updated: 129 min ago
  • MLS #: 202611879
0
Beds
0
Baths
0
½ Baths
0.2
Acres
6,216
SQFT
$84
$/SQFT
1900
Built
Neighborhood:
None
County:
Grant
Area:
Grant
Property Description
Amazing Renovated Commercial Building located in the Riverfront District, the DORA and in bustling downtown Marion. This space was overhauled with the care and Architects touch featuring updated floor to ceiling windows on the main level cafe/restaurant and in the 2 apartments on the 2nd level. All units are rented in this turnkey property. The exterior features a gated park with stage and courtyard feel for al fresco dining and live entertainment.
Exterior Features

Construction Type1 Masonry Driveway None Exterior Brick Fence None Fire Doors YN No Location City Lot Dimensions 67x132 Parcel Description 0-2.9999 Parking Off-StreetStreet Parking Spaces 3 Parking Type Paved Parking YN Yes Road Access City Roof Material Flat Security Light YN No Signs YN No Water Features None Waterfront YN No

Interior Features

Basement Foundation Full BasementUnfinished Basement YN Yes Bldg1 Above Grd Sq Ft 6216 Bldg1 Below Grd Sq Ft 3108 Bldg1 Fin Office Sq Ft 0 Ceiling Height 11 Column Spacing 0 Cooling Central AirMultiple Cooling Units Flooring WoodVinyl Heating Fuel GasForced AirMultiple Heating Systems Interior Height 11 Interior Walls Drywall Special Features Single Phase Total Restrooms 4

Property Features

Annual Taxes 2752 Auction YN No Buildings 1 Burglar Alarm YN No Cable Company OtherSpectrum Cap Rate 6.85% Currently Leased YN Yes Documents Available LBP FormZoning Electric Company AEP/I&M Enterprise Zone No Equipment YN No Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gas Company CenterPoint Energy Gross Monthly Expenses 500 Gross Monthly Rent 5500 Ingress Egress None Lease Available YN No Lease Term Remaining Yes New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use Restaurant Property Sub Type Mixed Use Property Use Investment Property Proposed Financing CashConventional Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer Hook-UpMun. Water Hook-Up Reo YN No Restrictions None Sale Includes Building Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN No Tax Abatement No Township Center Water Company Marion Utilities Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2026

Listing provided by Susan Reese of F.C. Tucker Realty Center: Cell: 765-517-1514.

© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty.


© 2026 Indiana Regional MLS All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from IRMLS. IDX information is provided exclusively 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. Information is deemed reliable but is not guaranteed accurate by the MLS or Keller Williams Realty. Data last updated: 2026-04-16T00:27:49.783.

 
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Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Susan Reese of F.C. Tucker Realty Center: Cell: 765-517-1514.