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402 S Washington Street
Marion, IN 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.

Last Modified: Apr 14 2026

Tax Amount: 6647

Built: 1917

MLS #: 202612751

$8,000,000

402 S Washington Street, Marion, IN 46952

37

BATHS

75000

SQFT

1.25

ACRES

ABOUT

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.

FEATURES & AMENITIES

• Basement/Foundation: Full Basement,Unfinished
• Flooring: Carpet,Concrete,Wood,Tile,Stone
• Interior Walls: Drywall
• Interior Height: 14
• Ceiling Height: 16
• Construction Type 1: Masonry
• Roof Material: Rubber
• Driveway: Asphalt
• Heating/Fuel: Gas,Forced Air,Multiple Heating Systems
• Cooling: Central Air,Multiple Cooling Units
• 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
• Location: City
• Exterior: Brick,Stone
• Road Access: City
• Fire Protection: City
• Security Light: Yes
• Fire Doors: Yes
• Parking Type: Asphalt Lot
• Lighted Parking: Yes
• 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
• 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
• Basement
• Community Activities
Courtesy of: Susan Reese, F.C. Tucker Realty Center (MLS# 6788)
Source MLS: IRMLS