Listing courtesy of J Meyer Real Estate Services, Inc · Listing agent: Caleb Oliver · Cell: 765-667-5362

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ActiveMixed Use

102 E 4th Street

$439,900

$69.59 / sq ft

Marion, IN 46952

Original price $450,000 · Price reduced on August 10, 2025

  • Basement
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Bathrooms
5
Lot
0.07 ac
Year built
1920
Type
Mixed Use
Listed
January 17, 2025
MLS #
202501662

About this home

New price! Prime location loaded with lots of versatility and opportunity!! Own a high traffic commercial building located on the downtown Marion square in the historical district and NEW Riverfront District- where over $77M of private investments are taking place. Five (5) units total offering over 6,000 sq. ft. Unit 1 (401) is approximately 1,700 sq. ft. with a nice basement and bathroom. Currently vacant but previously used for professional services and has been very well-maintained throughout. Unit 2 (102) is located on the second floor and provides approximately 2,600 sq. ft. of possibilities! Currently being used for musical and photography services with multiple office suites and a bathroom. Previously had two bathrooms but one was converted to a storage closet. Unit 3 (405) is approximately 800 sq. ft. with a basement and bathroom and lower level vault room with original vault from when the unit operated as a jewelry store. Currently rented and is being used as a State Farm insurance office. Unit 4 (407) has approximately 650 sq. ft. and a half bath with a basement. This unit saw a complete remodel a couple years ago and is currently used and as a nutrition bar. Unit 5 (409) is located on the second floor and is approximately 600 sq. ft. This unit is currently rented and used as a tattoo shop, but could be transformed into a loft or many other things. All units are separately metered and have their own gas furnace and central A/C. Let your ideas run loose with all of the possibilities this beautifully maintained piece of history has to offer! All of the units have their own uniqueness while also maintaining the beautiful character and charm of the building. Truly an opportunity that doesn't come up often- don’t miss out on your chance to grow alongside a rapidly growing downtown scene!

Property details

Interior

Stories
2
Finished area above grade
6,321 sq ft
Basement
Finished, Full, Unfinished
Flooring
Mixed, Wood, Tile
Heating
Natural Gas, Forced Air
Cooling
Central Air

Exterior & parking

Construction
Brick
Roof
Flat, Rubber
Parking
Off Street, Public Parking, On Street
New construction
No

Waterfront & lake

Waterfront
No

Lot

Lot size (acres)
0.07 ac
Lot dimensions
22x132
Location type
City,Historic District
Inside city limits
Yes
County
Grant County
Township
Center
Current use
Business Service, Food Store, Office/Showroom, Personal, Professional, Service Center
Road frontage
City Street
Platted
Yes
Planned unit development
No
Directions
Property is located at the corner of 4th St. and Washington St.

Taxes & terms

Annual taxes
$3,684
Tax year
2024
Tax abatement
No
Listing terms
Cash, Conventional
Possession
DOFC
Parcel number
27-07-06-402-091.000-002

Included in the sale

Included in sale
Building,Land,Lease

Utilities

Water
City
Sewer
Public Sewer

Income & commercial

Water meters
1
Ceiling height
12

Location

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