4325 S Western Ave

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4325 S Western Ave

marion, IN 46953
Asking Price
$2.89M
Asset Type
Retail
Class
Class B

What's Special

Located at 4325 South Western Avenue, this retail property sits along a primary commercial corridor in southern Marion. The surrounding neighborhood features a mix of established residential pockets and high-traffic national retailers, including grocery stores, pharmacies, and fast-food chains. The site offers direct frontage on State Road 9, providing consistent vehicle visibility and straightforward access for local commuters. Proximity to Indiana Wesleyan University, situated less than two miles away, adds a consistent customer base of students and faculty to the immediate trade area. The building’s layout and prominent positioning make it suitable for a variety of service-oriented businesses, boutique retail, or medical office conversions. Ideal tenants would include regional franchises, independent specialty shops, or professional service providers seeking high exposure in a well-traveled local hub. Given the mix of local residents and university-affiliated traffic, the location supports businesses that focus on daily conveniences or destination-based retail. The existing infrastructure provides versatility for diverse interior configurations tailored to specific operational requirements.

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NOI
$80,000
Cap Rate
2.77%
DSCR
0.47
Underwater
Cash-on-Cash
-10.56%
Monthly Payment
$14,292.647
Annual Cash Flow
$-91,511.758

Location & Travel Times