Listing courtesy of F.C. Tucker Realty Center · Listing agent: Susan Reese · Cell: 765-517-1514
402 S Washington Street
$8,000,000
$106.67 / sq ft
Marion, IN 46952
- 1.3 acres
- Basement
- Bathrooms
- 37
- Lot
- 1.25 ac
- Year built
- 1917
- Type
- Mixed Use
- Listed
- April 13, 2026
- MLS #
- 202612751
About this home
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.
Property details
Interior
- Stories
- 8
- Finished area above grade
- 75,000 sq ft
- Basement
- Full, Unfinished
- Flooring
- Carpet, Concrete, Wood, Tile, Stone
- Heating
- Natural Gas, Forced Air, Multiple Heating Systems
- Cooling
- Central Air, Multiple Cooling Units
Exterior & parking
- Construction
- Brick, Stone
- Roof
- Rubber
- Parking
- Asphalt, Off Street, Paved, Private
- New construction
- No
Waterfront & lake
- Waterfront
- No
Lot
- Lot size (acres)
- 1.25 ac
- Lot dimensions
- Irregular
- Location type
- City
- County
- Grant County
- Township
- Center
- Cross street
- 4th St
- Current use
- Professional, Restaurant
- Road frontage
- City Street
- Platted
- Yes
- Planned unit development
- No
- Directions
- From State Rd 9 aka Western or Baldwin Ave turn east onto 4th St aka as St Rd 18, the building is on the corner of 4th St and Washington St.
Taxes & terms
- Annual taxes
- $6,647
- Tax year
- 2026
- Tax exemptions
- No Exemptions
- Tax abatement
- Yes
- Listing terms
- Cash, Conventional
- Possession
- Tenants Rts
- Parcel number
- 27-07-06-402-090.000-002
Included in the sale
- Included in sale
- Building,Solar Panels - Owned
Utilities
- Water
- City
- Sewer
- Public Sewer
- Utilities
- Electric Hook-Up, Gas Hook-Up, Mun. Sewer to Site, Mun. Water to Site
- Electric provider
- AEP/I&M
- Gas provider
- CenterPoint Energy
- Water provider
- Marion Utilities
- Cable / internet provider
- Other,Spectrum
Income & commercial
- Parking spaces
- 85
- Water meters
- 7
- Ceiling height
- 16