The ORR Home Selling Team Real Estate Groups
  • 2200 W. McGalliard Road
    Muncie, IN 47304
The ORR Home Selling Team Real Estate Groups

Marion, IN 46952 123 E 3rd Street

$525,000

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Presented By: Susan Reese with F.C. Tucker Realty Center; Cell: 765-517-1514
  • MLS# 202611879
  • 04/06/2026
  • Get pre-approved
  • Request Tour
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  • Baths • 4
  • SQFT • 6,216

Home Details

Amazing Renovated Commercial Building located in the Riverfront District, the DORA and in bustling downtown Marion. This space was overhauled with the care and Architects touch featuring updated floor to ceiling windows on the main level cafe/restaurant and in the 2 apartments on the 2nd level. All units are rented in this turnkey property. The exterior features a gated park with stage and courtyard feel for al fresco dining and live entertainment.
Presented By: Susan Reese with F.C. Tucker Realty Center; Cell: 765-517-1514

Interior Features for 123 E 3rd Street

Other Interior Features

Basement Y/NYes
Burglar Alarm Y/NNo
Interior Height11
Smoke/Fire Alarm Y/NYes
Water Heater Y/NYes
FIRE PROTECTIONCity
Equipment Y/NNo
Basement/FoundationFull Basement, Unfinished
FlooringWood, Vinyl
WallsDrywall

General for 123 E 3rd Street

# of Buildings1
Age126
Agent First NameSusan
Agent Last NameReese
Annual Taxes2752
AreaGrant County
Associated Document Count2
Auction Y/NNo
Bathrooms4
Cap Rate6.85%
Ceiling Height11
CityMarion
ClassCOMMERCIAL
CoolingCentral Air, Multiple Cooling Units
DOM43
FIPS Code18053
HeatingGas, Forced Air, Multiple Heating Systems
Legal Description16-01-62.01 22' E/SD LOT 7 BLK 11 O P, 16-01-62 PT LOT 7 O P BLK 11, 16-01-62.02 25 1/2' W/SD LOT 7 BLK 11 O P
LocationCity
New ConstructionNo
PROPOSED FINANCINGCash, Conventional
ParkingYes
ParkingOff-Street, Street
Present UseInvestment Property
REONo
RestrictionsNone
RoofFlat
SewerCity
Special FeaturesSingle Phase
StatusActive
StatusActive
Status Detail0
Stories Count3
SubdivisionNone
Tax Year2026
TownshipCenter
TypeMixed Use
Virtual TourClick here
Year Built1900

Exterior for 123 E 3rd Street

Approx. Lot Size Acres0.2
Construction Type 1Masonry
DrivewayNone
ExteriorBrick
FenceNone
Ingress/EgressNone
Lot Dimensions67x132
Lot Size Area8712
Number of Parking Spaces3
Parking TypePaved
Road AccessCity
Security Light Y/NNo
Sprinkler System Y/NNo
Water FeaturesNone
Water Softener Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Ryan Orr

Associate
Price $525,000
MLS#202611879
List Date 04/06/2026
Property Type Commercial
Phone (765) 744-9500
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