Marion | Former bar with upper apartments
Marion, IN · Grant County County
Flex with 0.653 acres and 4,670 square feet in Marion, IN, available for sale.
Property overview
- Acreage
- 0.65 acres
- Building size
- 4,670 sq ft
- Availability
- For sale
- Price
- $399,900
- Pricing · Price per square foot
- 85.63 USD
- Contact · Broker
- Sally Jenks
- Zoning · General zoning
- agricultural
- Zoning · Zoning code
- LC/TZ
- Zoning · Inside city limits
- Yes
- Zoning · Municipality
- Marion
- Transportation · Rail access
- potential
- Transportation · Nearest rail owner
- Norfolk Southern Railway
- Transportation · Nearest rail line
- NS Marion District
- Transportation · Distance to rail
- 0.060 miles
- Transportation · Nearest highway
- US 35
- Transportation · Distance to highway
- 11.060 miles
- Transportation · Nearest interstate
- I 69
- Transportation · Distance to interstate
- 11.060 miles
- Transportation · Nearest airport
- Marion Muni (MZZ)
- Transportation · Distance to airport
- 5.152 miles
- Transportation · Nearest port
- Michigan City 6.6 feet deep
- Transportation · Distance to port
- 123.838 miles
- Utilities · Electricity available
- Yes
- Utilities · Water available
- Yes
- Utilities · Wastewater available
- Yes
- Utilities · Wastewater provider
- MARION WWTP
- Utilities · Telecommunications available
- Yes
This downtown corner property sells as a move-in-ready hospitality and mixed-use opportunity, including a 3-way liquor license and most equipment and furniture from the former bar, Folkies. The building sits on city streets with municipal water, natural gas, and nearby electric infrastructure, and it already houses upper-level apartments, so an operator can restart hospitality or convert to mixed-use quickly.
This site fits restaurateurs, nightlife operators, small hotel or mixed-use developers, and investors seeking rental income. The property lies inside Marion city limits and multiple incentive zones, including Opportunity Zone, TIF and HUBZone, which can speed financing and lower costs.