1129 N Baldwin Ave

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1129 N Baldwin Ave

marion, IN 46952
Asking Price
$3.10M
Asset Type
Retail
Class
Class B

What's Special

1129 N Baldwin Ave is situated on a primary commercial corridor in Marion, Indiana. The neighborhood is characterized by a mix of established retail centers, service businesses, and residential pockets. The property benefits from high visibility and proximity to major local amenities, including the Five Points shopping district and Indiana Wesleyan University. Transportation access is provided via State Road 9, which serves as a main north-south arterial route through the city, connecting the site to the surrounding Grant County area. The location is well-suited for a variety of retail use cases, including specialty shops, convenience stores, or quick-service dining. Its positioning along a high-traffic thoroughfare makes it an ideal fit for tenants requiring consistent street exposure and easy customer ingress. Typical tenant profiles for this asset class include regional franchises, local small businesses, or professional service providers seeking a functional footprint within a developed commercial cluster.

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NOI
$80,000
Cap Rate
2.58%
DSCR
0.43
Underwater
Cash-on-Cash
-11.19%
Monthly Payment
$15,337.109
Annual Cash Flow
$-104,045.303

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