Active

521 E Marion Street

Warehouse • 36Y Old
$399,000 Listed 1 month ago
0.40 Acres
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Property Description

Outstanding & Unique Investment Property - Ideal for Owner-Operator or Investor! * Affordable, Investment Properties Like This Are Rare * Two (2), Longstanding Commercial Tenants wish to stay & operate; generating an attractive $1,100.00 /Month Income Stream. The Owners Suite consists of 2,500 +/- SF with 14' Eave Ht. & (2) 10'x12' Overhead Doors w/Openers. The Clear-Span design yields a large open warehouse bay or work area. Supported by a front Entry/Reception/Office, Storage & Work Rooms & excellent R/R. Unique Features Include: High quality earth-tone DRYVIT-EFIS Exterior Bldg Finish & Monument Signage | Upscale Front Deck & multiple on-site parking spaces | Tenant #1 - Custom Home Builders Show Room, Stellar Finishes, Built-In Casegoods w/ Hard Surface Counters, Fireplace, Custom Bath w/Shower & more - Must See | Tenant #2 - Fully Operational Shop Space, 10'x12' OH Door w/Opener, Well Lit, Nice Office Space & Notable RR | Owner Suite is set-up as a Private Club, Game Room - Easily Re-Purposed

Directions

From McKinley Ave (US20) proceed south on Cedar several blocks - Through Jefferson Blvd. then Right (West) on Marion - Herbs Drywall - Mid-Block, Between Cedar & Locust St.

Property
MLS # 202634515
Date Listed 2026-08-23
Status Active
Property Type Commercial
Property SubType Warehouse
New Construction No
Type Warehouse
Annual Taxes $1,420.00
Year Taxes Payable 2025 Pay 2026
Year Built 1990
Days on Market 42
Homestead Year No
Room Dimensions
Den 1 × 4608 Level
3rd Bedroom 3 × 1 Level
External Features
Construction Warehouse
Lot Size 17,424 sq ft
Acreage 0.40 Acres
Lot Dimensions 130'x135'
Fence None
Location
Area St. Joseph County
County St. Joseph
Subdivision None
Township Penn
City Mishawaka
State IN
Zip 46545
Financial
Assoc. Dues $0.00
Contact

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MLS# 202634515
Listing Provided Courtesy of Robert Thatcher
Coldwell Banker Real Estate Group
Cell: 574-596-1576

Listing updated August 23, 2026 at 3:00 pm
Last checked 17 minutes ago

IDX information provided by the Indiana Regional MLS. IDX information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but is not guaranteed accurate by the MLS.