Skip To Content

506 S Washington Street

Marion, IN 46953
  • $175,000
  • STATUS: Active
  • ON SITE: 45 Days
  • MLS #: 202519260
UPDATED: 12 min ago
$175,000
  • 0
    BEDS
  • 0.07
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 2,904
    SQFT
Neighborhood:
Type:
Commercial
Built:
1920
County:
Area:

School Ratings & Info

Listing provided by Charmayne Saylors of F.C. Tucker Realty Center: Cell: 765-661-3760.

Description

Here is your chance to own one of downtown Marion's iconic buildings complete with soaring tin ceilings. The building and business are included for this established downtown eatery with all you need to take over Mama's restaurant on day one. It's truly turn-key, including the fixtures & furniture. The front space was recently expanded, and interior walls were removed. The first floor has a large office/conference room towards the back. The 2904 sq ft second floor is unfinished with unlimited potential to expand the business or create 2 floors of loft apartments with a separate stairway entrance on Washington St. The unfinished basement is in good condition. Conveniently located in growing downtown Marion, in the riverfront district. See agent's remarks.

Monthly Payment Calculator



© 2025 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: 2025-07-08T19:29:04.807.

www.felecialivingstonrealestate.com/homes/164162823
Print Image

506 S Washington Street Marion, IN 46953

  • Price: $175,000
  • Status: Active
  • On Site: 45 Days
  • Updated: 12 min ago
  • MLS #: 202519260
0
Beds
0
Baths
0
½ Baths
0.07
Acres
2,904
SQFT
$60
$/SQFT
1920
Built
Neighborhood:
Other
County:
Grant
Area:
Grant
Property Description
Here is your chance to own one of downtown Marion's iconic buildings complete with soaring tin ceilings. The building and business are included for this established downtown eatery with all you need to take over Mama's restaurant on day one. It's truly turn-key, including the fixtures & furniture. The front space was recently expanded, and interior walls were removed. The first floor has a large office/conference room towards the back. The 2904 sq ft second floor is unfinished with unlimited potential to expand the business or create 2 floors of loft apartments with a separate stairway entrance on Washington St. The unfinished basement is in good condition. Conveniently located in growing downtown Marion, in the riverfront district. See agent's remarks.
Exterior Features

Construction Type1 wood and brick Driveway None Exterior Brick Fire Doors YN No Location City Lot Dimensions 22X132 Parking Street Parking Type Street Parking and access to lot behind Parking YN No Road Access City Roof Material FlatRubber Security Light YN Yes Signs YN No Water Features None Waterfront YN No

Interior Features

Basement Foundation Full BasementUnfinished Basement YN Yes Bldg1 Above Grd Sq Ft 2904 Bldg1 Below Grd Sq Ft 2904 Bldg1 Fin Office Sq Ft 480 Ceiling Height 9+ Column Spacing varies Cooling Central Air Flooring MixedPart CarpetWoodOther Heating Fuel GasForced Air Interior Height varies Interior Walls Other Internal Rooms OfficeShowroomWorkroom Special Features 220 VoltsAlleyBasementDisplay RoomDisplay Window(s)Office Space Total Restrooms 1

Property Features

Annual Taxes 1941 Auction YN No Buildings 1 Burglar Alarm YN No Currently Leased YN No Documents Available None Electric Company AEP/I&M Enterprise Zone No Equipment YN Yes Exemptions No Exemptions Fire Protection City For Sale Or Rent For Sale Gas Company CenterPoint Energy Ingress Egress None Lease Term Remaining 0 Lighted Intersection YN No New Construction No Owner Real Estate License YN No Planned Unit Dev YN No Platted YN Yes Property Sub Type Mixed Use Property Use Bus. Included w/Property Reo YN No Sale Includes BuildingBusinessFurnitureOther Sewer City Smoke Fire Alarm YN Yes 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 2025

Listing provided by Charmayne Saylors of F.C. Tucker Realty Center: Cell: 765-661-3760.

© 2025 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.


© 2025 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: 2025-07-08T19:29:04.807.

 
https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202519260-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202519260-2.jpg https://bt-photos.global.ssl.fastly.net/irmls/1280_boomver_1_202519260-2.jpg
Logo
Keller Williams Realty
Lafayette, West Lafayette
and Kokomo IN,
Listing provided by Charmayne Saylors of F.C. Tucker Realty Center: Cell: 765-661-3760.