Marion, IN Commercial Real Estate for Lease and Sale

Explore 21 listings of Marion commercial real estate for lease and for sale to find the best space for your business.

Valley View Plaza

3228 S. Western Ave., Marion, IN
Property

Retail

29,974 SF
Availability

4 Spaces

7,725 SF
For Lease Contact for pricing
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Park Forest Apartments- Investment Opportunity

1002 N Park Forest Drive, Marion, IN
Property

Multi-Family

57,600 SF
Year Built

1963
For Sale

$5,700,000
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3220 S. Washington Blvd.

3220 S. Washington Blvd., Marion, IN
Property

Retail

6,008 SF
Availability

1 Space

6,008 SF
For Lease Contact for pricing
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Five Points Mall

1129 N Baldwin Ave, Marion, IN
Property

Retail

445,229 SF
Year Built

1978
For Sale

$5,000,000
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Sparta Square

1001 N. Western Ave., Marion, IN
Property

Office

10,600 SF
Availability

3 Spaces

4,200 SF
Year Built

1988
For Lease

$8.00/SF/YR
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702 S Baldwin Ave

702 S Baldwin Ave, Marion, IN
Property

Retail

672 SF
Availability Contact for availability
Year Built

1977
For Lease Contact for pricing
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South Western Plaza

3409 S. Western Ave., Marion, IN
Property

Retail

5,798 SF
Availability

3 Spaces

3,390 SF
For Lease Contact for pricing
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2013 S Western Ave

2013 S Western Ave, Marion, IN
Property

Retail

2,772 SF
Availability

1 Space

2,772 SF
Year Built

1986
For Lease Contact for pricing
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2620 S Western Ave

2620 S Western Ave, Marion, IN
Property

Retail

14,729 SF
Availability

1 Space

14,820 SF
Year Built

2004
For Lease

$9.00/SF/YR
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933 N Park Ave

933 N Park Ave, Marion, IN
Property

VacantLand

0.45 Acre
For Sale

$150,000
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3016 S Western Ave

3016 S Western Ave, Marion, IN
Property

Retail

9,246 SF
Availability

2 Spaces

4,686 SF
Year Built

1999
For Lease

$12.00 - $14.00/SF/YR
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711 N Theatre Rd

711 N Theatre Rd, Marion, IN
Property

VacantLand

2.86 Acre
For Sale

$450,000
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Five Points Marion

1129 N Baldwin Ave, Marion, IN
Property

Retail

3,000 SF
Availability

1 Space

3,000 SF
Year Built

1978
For Lease Contact for pricing
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1510 W Braewick Dr

1510 W Braewick Dr, Marion, IN
Property

Retail

6,705 SF
Availability

1 Space

6,705 SF
Year Built

1993
For Lease

$12.00 - $15.00/SF/YR
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1129 N Baldwin Ave

1129 N Baldwin Ave, Marion, IN
Property

Retail

0.57 SF
Year Built

1978
For Sale

$450,000
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1510 W Braewick Dr

1510 W Braewick Dr, Marion, IN
Property

Retail

6,705 SF
Year Built

1993
For Sale Contact for pricing
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Five Points Marion

1128 N Baldwin Ave, Marion, IN
Property

Retail

27,925 SF
Availability

1 Space

27,925 SF
For Lease

$9.00 - $12.00/SF/YR
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Valley View Shopping Center

3152 S Western Ave, Marion, IN
Property

Retail

1,600 SF
Availability

1 Space

1,600 SF
For Lease

$16.00/SF/YR
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2509 W 2nd St

2509 W 2nd St, Marion, IN
Property

Office

11,290 SF
Year Built

1993
For Sale

$595,000
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2509 W 2nd St

2509 W 2nd St, Marion, IN
Property

Office

24,720 SF
Availability

1 Space

7,500 SF
Year Built

1995
For Lease

$7.50/SF/YR
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3820 S Western Ave

3820 S Western Ave, Marion, IN
Property

Retail

1,304 SF
Availability

2 Spaces

1,304 SF
Year Built

2008
For Lease Contact for pricing
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Frequently Asked Questions

Commercial real estate is a broad category that includes a high variety of space types designed to meet the needs of various industries of the local economy and their specialized subsectors, as presented in our real estate 101 guide to types of commercial real estate. However, there are three main categories that you are most likely to come across: office, retail, and industrial space.

Modern office space is typically organized over large floor plates bound by high ceilings and large windows for an abundance of natural light and is located in transit-oriented developments with good access to multiple modes of transportation, so as to facilitate employee commute. The Marion commercial real estate market incorporates 46,610 square feet of office space across 3 buildings.

Office buildings can also accommodate coworking spaces, which are shared office options that typically cater to the needs of small, startup businesses that require flexible workspaces, a concentration of amenities, and services that can be accessed on an occasional or short-term basis.
Retail space includes shopping malls, department stores, street retail, or specialty stores dedicated to a narrow range of products. Such properties are typically located in high foot-traffic and/or car traffic areas, to facilitate customer access. The Marion commercial real estate market includes 561,668 square feet of retail space in a variety of settings.
Industrial property most often serves businesses operating in manufacturing or logistics and generally consists of large open spaces located within good access to roads, railways, freight airports or regional water ports. Industrial space listings can include warehouses, manufacturing plants, distribution centers, flexible industrial space, or even data center facilities.

The listing inventory in Marion incorporates commercial real estate for lease and for sale of almost all property types and subtypes. However, you’ll find some categories offer more rental or investment opportunities than others.

The largest share of commercial real estate space for lease in Marion is represented by Retail space, which accounts for 78,210 square feet of available listings. Office space available in Marion adds up to 11,700 square feet.

Meanwhile, most of the listings of commercial property for sale in Marion are in the Retail category.

The price of renting or buying commercial real estate is influenced by a variety of factors, including: the property type (for example, office space is priced higher than other property types in most locations); the condition and asset class rating (property rated class A or above will typically command a higher price than lower grade classifications); the quality or the development potential of the property location; whether or not there is high demand for the type of commercial asset in question; and what the state of supply is relative to demand.

The average rent for commercial real estate space listed for lease in Marion is $8.25 per square foot. However, this value does not offer enough perspective on its own, as you will find significant variation in prices across property types, property classes, and location, as well as other impacting factors. For instance, rent per square foot of office space in Marion can vary greatly depending on the rating of the property from Class A to Class C, as well as across the city depending on the location of the asset.

Whether you are looking for commercial real estate for lease or commercial property for sale, the best choice of location depends on the factors that are most relevant to your business strategy. A good thing to look for at the start, however, is the areas of the city that have the highest concentration of your preferred type of property, as these areas are generally well connected to the amenities and points of interest that are most relevant to each property type.

As such, there are several areas that you could consider to be the best location for commercial real estate in Marion, depending on the property type you are interested in.

Select your preferred property type from the search filters menu at the top of the search page and then navigate the interactive map for a better view of commercial real estate availability in the locations most suited to your needs.

Regardless of whether buying or leasing commercial space is a new experience for you, there are significant benefits to working with a commercial real estate broker. In addition to saving you time and money, an experienced broker will contribute specialist knowledge of the local market, the property type you need representation for, and will handle negotiations on your behalf in your best interest.

To start, it is important for you to have a good understanding of what kind of broker you need. For instance, there are differences between a tenant broker and a listing broker. Also important at the start is to have a clear idea of what kind of space (or tenant) you are looking for and what (if any) particular needs and requirements you might have. And, while it is good to get a referral, you should interview several brokers to better gauge who you feel would best represent your interests.

CommercialCafe hosts listings from some of the most trusted commercial real estate brokerages in the country. Use the contact form available on each listing page or the contact details for the property representatives to reach out and start your search!

The profitability of a commercial real estate investment depends on a multitude of factors working together. These factors include the quality of the asset itself — which itself includes aspects such as location, property class, amenities, and the quality of the property management — to the local market conditions, the state of the local economy, the demand for that particular type of commercial property, and of course the costs of owning and maintaining it relative to what leasing rate or sale price you get from the property. Asking rents in the city went as high as $12 per square foot.

The average size of a commercial property in Marion depends greatly on the property type and the location — geographical possibilities and zoning allowances have significant influence on how big developers can build. While there are outliers that break height or volume records in the city, we can look at some average sizes by property use:

In Marion, the average size of an office property is 15,537 square feet.
Retail properties here incorporate an average of 37,445 square feet.

Marion, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial real estate listings for rent in Marion currently add up to 89,910 square feet. The market offers 2 active office listing(s), which amount to 11,700 square feet and account for 13% of commercial spaces on the market. Local retail availability includes 78,210 square feet across 13 retail space(s).

Property Type	Count of Listings	Total SF
Office	2	11,700
Retail	13	78,210

Commercial Space for Sale Breakdown

What’s more, if you are interested in making an investment in the local market, you can also find commercial real estate for sale in Marion, IN. Currently, there is 520,828 square feet of commercial property for sale here , which includes 1 office building(s) for sale , 3 retail investment opportunity listing(s) .

Property Type	Count of Listings	Total SF
Office	1	11,290
Retail	3	451,935
Other	3	57,603

Marion, IN Commercial Real Estate for Lease and Sale

Valley View Plaza

Park Forest Apartments- Investment Opportunity

3220 S. Washington Blvd.

Five Points Mall

Sparta Square

702 S Baldwin Ave

South Western Plaza

2013 S Western Ave

2620 S Western Ave

933 N Park Ave

3016 S Western Ave

711 N Theatre Rd

Five Points Marion

1510 W Braewick Dr

1129 N Baldwin Ave

1510 W Braewick Dr

Five Points Marion

Valley View Shopping Center

2509 W 2nd St

2509 W 2nd St

3820 S Western Ave

Frequently Asked Questions

Marion, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

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Marion, IN Commercial Real Estate for Lease and Sale

Frequently Asked Questions

What are the different types of commercial real estate?

What types of commercial real estate are available in Marion, IN?

What factors affect the price of commercial real estate in Marion, IN?

What is the average rent for commercial space in Marion, IN?

What are the best areas for commercial real estate in Marion, IN?

How do I find a good commercial real estate broker?

What is the most profitable commercial real estate?

What is the average size of a commercial property in Marion, IN?

Marion, IN Currently Available Listings

Commercial Space for Lease Breakdown

Commercial Space for Sale Breakdown

Other Popular Searches

Popular Coworking Searches

Popular Office Searches

Popular Retail Searches

Popular Industrial Searches

About us