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402 S Washington Street

Marion, IN 46952
  • $8,000,000
  • STATUS: Active
  • ON SITE: 35 Days
  • MLS #: 202612751
UPDATED: 73 min ago
$8,000,000
  • 0
    BEDS
  • 1.25
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 75,000
    SQFT
Neighborhood:
Type:
Commercial
Built:
1917
County:
Area:

School Ratings & Info

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

Description

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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© 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: 2026-05-19T20:28:01.327.

www.felecialivingstonrealestate.com/homes/175126005
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402 S Washington Street Marion, IN 46952

  • Price: $8,000,000
  • Status: Active
  • On Site: 35 Days
  • Updated: 73 min ago
  • MLS #: 202612751
0
Beds
0
Baths
0
½ Baths
1.25
Acres
75,000
SQFT
$107
$/SQFT
1917
Built
Neighborhood:
None
County:
Grant
Area:
Grant
Property Description
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.
Exterior Features

Construction Type1 Masonry Driveway Asphalt Exterior BrickStone Fence None Fire Doors YN Yes Lighted Parking YN Yes Location City Lot Dimensions Irregular Parcel Description Corner0-2.9999Enterprise Zone Parking Off-StreetPavedPrivate Parking Spaces 85 Parking Type Asphalt Lot Parking YN Yes Road Access City Roof Material Rubber Security Light YN Yes Signs YN No Waterfront YN No

Interior Features

Basement Foundation Full BasementUnfinished Basement YN Yes Bldg1 Above Grd Sq Ft 75000 Bldg1 Below Grd Sq Ft 7100 Bldg1 Fin Office Sq Ft 4200 Ceiling Height 16 Column Spacing 20 Cooling Central AirMultiple Cooling Units Flooring CarpetConcreteWoodTileStone Heating Fuel GasForced AirMultiple Heating Systems Interior Height 14 Interior Walls Drywall Internal Rooms KitchenOffice Special Features Passenger ElevatorOver 440 VoltsBasementOffice SpacePublic RestroomsReception AreaVentilating/Exhaust Fans Total Restrooms 37

Property Features

Annual Taxes 6647 Auction YN No Buildings 1 Burglar Alarm YN No Cable Company OtherSpectrum Cross Street 4th St Currently Leased YN Yes Documents Available Floor PlanLBP FormZoning Electric Company AEP/I&M Enterprise Zone Yes Equipment YN No Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gas Company CenterPoint Energy Gross Monthly Rent 60000 Ingress Egress Asphalt Lease Term Remaining Multiple Leases Lighted Intersection YN Yes New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Present Use ProfessionalRestaurantOther Property Sub Type Mixed Use Property Use Investment Property Proposed Financing CashConventional Public Utilities Electric Hook-UpGas Hook-UpMun. Sewer to SiteMun. Water to Site Reo YN No Sale Includes BuildingSolar Panels - Owned Sewer City Smoke Fire Alarm YN Yes Special Assessments None Sprinkler System YN No Tax Abatement Yes Township Center Water Company Marion Utilities Water Heater YN Yes Water Softener YN No Water Utility City Year Taxes Payable 2026 Zoning Description Central Core

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: 2026-05-19T20:28:01.327.

 
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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.