About 402 S Washington Street, Marion, Indiana, 46952
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.
Internal Rooms : Kitchen, Office
Public Utilities : Electric Hook-Up, Gas Hook-Up, Mun. Sewer to Site, Mun. Water to Site
Water Company : Marion Utilities
Sewer : City
Cable Company : Other, Spectrum
Electric Company : AEP/I&M
Gas Company : CenterPoint Energy
Parking Type : Asphalt Lot
Lighted Parking : Yes
Fire Protection : City
Security Light : Yes
Fire Doors : Yes
Road Access : City
Location : City
Exterior : Brick, Stone
Property Use : Investment Property
Present Use : Professional, Restaurant, Other
Special Features : Passenger Elevator, Over 440 Volts, Basement, Office Space, Public Restrooms, Reception Area, Ventilating/Exhaust Fans
Heating/Fuel : Gas, Forced Air, Multiple Heating Systems
Cooling : Central Air, Multiple Cooling Units
Construction Type 1 : Masonry
Roof Material : Rubber
Driveway : Asphalt
Basement/Foundation : Full Basement, Unfinished
Flooring : Carpet, Concrete, Wood, Tile, Stone
Interior Walls : Drywall
Interior Height : 14
Ceiling Height : 16
Exemptions : No Exemptions
Documents Available: Floor Plan, LBP Form, Zoning
County Zoning : Central Core
Number of Buildings : 1
Building 1 Story : 7
Building 1 Fin. Office Area : 4200 S.F
Building 1 Below Grd Area : 7100 S.F
Building 1 Above Grd Area : 75000 S.F
Internal Rooms : Kitchen, Office
Public Utilities : Electric Hook-Up, Gas Hook-Up, Mun. Sewer to Site, Mun. Water to Site
Water Company : Marion Utilities
Sewer : City
Cable Company : Other, Spectrum
Electric Company : AEP/I&M
Gas Company : CenterPoint Energy
Parking Type : Asphalt Lot
Lighted Parking : Yes
Fire Protection : City
Security Light : Yes
Fire Doors : Yes
Road Access : City
Location : City
Exterior : Brick, Stone
Property Use : Investment Property
Present Use : Professional, Restaurant, Other
Special Features : Passenger Elevator, Over 440 Volts, Basement, Office Space, Public Restrooms, Reception Area, Ventilating/Exhaust Fans
Heating/Fuel : Gas, Forced Air, Multiple Heating Systems
Cooling : Central Air, Multiple Cooling Units
Construction Type 1 : Masonry
Roof Material : Rubber
Driveway : Asphalt
Basement/Foundation : Full Basement, Unfinished
Flooring : Carpet, Concrete, Wood, Tile, Stone
Interior Walls : Drywall
Interior Height : 14
Ceiling Height : 16
Exemptions : No Exemptions
Documents Available: Floor Plan, LBP Form, Zoning
County Zoning : Central Core
Number of Buildings : 1
Building 1 Story : 7
Building 1 Fin. Office Area : 4200 S.F
Building 1 Below Grd Area : 7100 S.F
Building 1 Above Grd Area : 75000 S.F
Street Address: 402 S Washington Street
City: Marion
State: Indiana
Postal Code: 46952
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.
Property Information :
Listing Status: Active
Size: 75,000 Sqft
Lot Size: 1.25 Acres
MLS #: 202612751
Bathrooms: 37 ba
Price: $8,000,000
Tax Amount: 6647
Construction Status: Built in 1917
Last Modified : Apr 14 2026 2:35PM
Amenities :
Basement
Community Activities
Courtesy of: Susan Reese, F.C. Tucker Realty Center (MLS# 6788)
Source MLS: IRMLS