Marion, IN 46953 506 S Washington Street

506 S Washington Street Marion, IN - Image 1506 S Washington Street Marion, IN - Image 2506 S Washington Street Marion, IN - Image 3
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506 S Washington Street Marion, IN - Image 4506 S Washington Street Marion, IN - Image 5506 S Washington Street Marion, IN - Image 6506 S Washington Street Marion, IN - Image 7506 S Washington Street Marion, IN - Image 8506 S Washington Street Marion, IN - Image 9
Presented By: Charmayne Saylors with F.C. Tucker Realty Center; Cell: 765-661-3760
  • MLS# 202519260
  • 05/22/2025
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  • Baths • 1
  • SQFT • 2,904

Home Details

Here is your chance to own one of downtown Marion's iconic buildings complete with soaring tin ceilings. The building and business are included for this established downtown eatery with all you need to take over Mama's restaurant on day one. It's truly turn-key, including the fixtures & furniture. The front space was recently expanded, and interior walls were removed. The first floor has a large office/conference room towards the back. The 2904 sq ft second floor is unfinished with unlimited potential to expand the business or create 2 floors of loft apartments with a separate stairway entrance on Washington St. The unfinished basement is in good condition. Conveniently located in growing downtown Marion, in the riverfront district. See agent's remarks.
Presented By: Charmayne Saylors with F.C. Tucker Realty Center; Cell: 765-661-3760

Interior Features for 506 S Washington Street

Other Interior Features

Basement Y/NYes
Burglar Alarm Y/NNo
Interior Heightvaries
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONCity
Equipment Y/NYes
Basement/FoundationFull Basement, Unfinished
FlooringMixed, Part Carpet, Wood, Other
WallsOther

General for 506 S Washington Street

# of Buildings1
Age105
Agent First NameCharmayne
Agent Last NameSaylors
Annual Taxes1941
AreaGrant County
Associated Document Count
Auction Y/NNo
Bathrooms1
Ceiling Height9+
CityMarion
ClassCOMMERCIAL
CoolingCentral Air
DOM40
FIPS Code18053
HeatingGas, Forced Air
Legal Description16-01-140.01 22' S/SD LOT 1 BLK 24 O P
LocationCity
ModificationTimestamp2025-06-10T02:07:43.3
New ConstructionNo
ParkingNo
ParkingStreet
Present UseBus. Included w/Property
REONo
RoofFlat, Rubber
SewerCity
Special Features220 Volts, Alley, Basement, Display Room, Display Window(s), Office Space
StatusActive
StatusActive
Status Detail0
Stories3
SubdivisionOther
Tax Year2025
TownshipCenter
TypeMixed Use
Virtual TourClick here
Year Built1920

Exterior for 506 S Washington Street

Approx. Lot Size Acres0.068
Construction Type 1wood and brick
DrivewayNone
ExteriorBrick
Ingress/EgressNone
Lot Dimensions22X132
Lot Size Area2962
Parking TypeStreet Parking and access to lot behind
Road AccessCity
Security Light Y/NYes
Sprinkler System Y/NNo
Water FeaturesNone
Water Softener Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Ryan Orr

Associate
Price $175,000
MLS#202519260
List Date 05/22/2025
Property Type Commercial
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