Listing courtesy of F.C. Tucker Realty Center · Listing agent: Susan Reese · Cell: 765-517-1514
123 E 3rd Street
$525,000
$84.46 / sq ft
Marion, IN 46952
- Basement
- Bathrooms
- 4
- Lot
- 0.2 ac
- Year built
- 1900
- Type
- Mixed Use
- Listed
- April 8, 2026
- MLS #
- 202611879
About this home
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.
Property details
Interior
- Stories
- 3
- Finished area above grade
- 6,216 sq ft
- Basement
- Full, Unfinished
- Flooring
- Wood, Vinyl
- Heating
- Natural Gas, Forced Air, Multiple Heating Systems
- Cooling
- Central Air, Multiple Cooling Units
Exterior & parking
- Construction
- Brick
- Roof
- Flat
- Parking
- Off Street, On Street
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot size (acres)
- 0.2 ac
- Lot dimensions
- 67x132
- Location type
- City
- County
- Grant County
- Township
- Center
- Current use
- Restaurant
- Road frontage
- City Street
- Platted
- Yes
- Planned unit development
- No
- Directions
- GPS Friendly
Taxes & terms
- Annual taxes
- $2,752
- Tax year
- 2026
- Tax exemptions
- No Exemptions
- Tax abatement
- No
- Listing terms
- Cash, Conventional
- Possession
- Tenants Rts
- Parcel number
- 27-07-06-402-039.000-002
Included in the sale
- Included in sale
- Building
Utilities
- Water
- City
- Sewer
- Public Sewer
- Utilities
- Electric Hook-Up, Gas Hook-Up, Mun. Sewer Hook-Up, Mun. Water Hook-Up
- Electric provider
- AEP/I&M
- Gas provider
- CenterPoint Energy
- Water provider
- Marion Utilities
- Cable / internet provider
- Other,Spectrum
Income & commercial
- Cap rate
- 6.85%
- Parking spaces
- 3
- Water meters
- 310
- Ceiling height
- 11
Location
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