Indiana / Marion / 46952 / 1502 North Baldwin Avenue

1502 North Baldwin Avenue

Q: What is the asking price for 1502 North Baldwin Avenue in Marion?

The asking price for 1502 North Baldwin Avenue is $4,750,000

Q: What is the building size of this Specialty property in Marion, IN?

The size of the building/unit at 1502 North Baldwin Avenue in Marion is 49,222 square feet.

Q: How much land does the Marion, IN property at 1502 North Baldwin Avenue include?

1502 North Baldwin Avenue in Marion includes 0.500 acres of land.

Q: What kind of Specialty is the propery at 1502 North Baldwin Avenue?

The property at 1502 North Baldwin Avenue Marion, IN 46952 is listed as a Hotel/Motel/Resort Specialty property.

Q: What is the population within 1 mile of 1502 North Baldwin Avenue?

The population within 1 mile of 1502 North Baldwin Avenue Marion, IN 46952 is 2,956 people.

Q: Who do I contact for questions about 1502 North Baldwin Avenue?

You should contact the listing agent, Robert Hunter , for any details regarding this commercial listing.

Marion, IN 46952

Listing ID: 275468

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Building Size: 49,222 SF

Lot Size: 0.500 AC

Land Size: 21,780 SF

Building $/SF: $96.50

Land $/SF: $218.09

Price

$4,750,000

Property Highlights

Completed PIP in 2019

Close Proximity to Number of Demand Generators Including Indiana Wesleyan University

Located Near General Motors Marion Metal Center

Description

Marcus & Millichap has been exclusively retained to offer for sale the fee simple interest in the 73-room Hampton Inn Marion located in Marion, Indiana, just northeast of Indianapolis, Indiana. The Hampton Inn Marion is a 2007-build, 3-story property located under 6 miles east of Interstate 69, providing ease of access for commerce and tourism. Hampton Inn Marion provides the opportunity for a new owner to acquire a hotel built less than 15 years ago with potential to realize significant RevPAR growth through a hands-on management and utilization of the Hilton name, reservation system, and loyal base of guests.

Points of Interest & Demographic Radii

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Demographic Radii

POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.

Fort Wayne History of Specialty Real Estate for Sale

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Listing Demographics for 1502 North Baldwin Avenue Marion, IN 46952

All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

		1-Mile	3-Miles	5-Miles
Total Population		2,956	21,677	34,566
Population Median Age		44	41	40
Population by Age	0-9 Yrs	342 (11%)	2626 (12%)	3854 (11%)
	10-19 Yrs	309 (10%)	2413 (11%)	4447 (12%)
	20-29 Yrs	317 (10%)	2823 (13%)	6010 (17%)
	30-39 Yrs	396 (13%)	2419 (11%)	3348 (9%)
	40-49 Yrs	246 (8%)	2381 (10%)	3373 (9%)
	50-59 Yrs	377 (12%)	3075 (14%)	4625 (13%)
	60-69 Yrs	426 (14%)	3110 (14%)	4467 (12%)
	70+ Yrs	542 (18%)	2829 (13%)	4442 (12%)

Median HH Income		$41,417	$37,299	$37,213
Total Household Income	< 24K	359 (26%)	3039 (31%)	4417 (32%)
	25-49K	429 (31%)	2963 (30%)	4109 (29%)
	50-74K	217 (16%)	1580 (16%)	2288 (16%)
	75-99K	180 (13%)	802 (8%)	1225 (8%)
	100-199K	135 (10%)	1030 (10%)	1494 (10%)
	200K+	22 (1%)	153 (1%)	214 (1%)

Highest Education Level	No Diploma	259	2322	3441
	Diploma or GED	814	6237	8967
	Some College	470	3224	4734
	Assoc. Degree	111	982	1565
	Bachelors Degree	215	1350	2051
	Higher Degree	249	1287	1717

Total Housing Units		1,551	11,589	16,384
--Owner-Occupied		949	5,829	8,410
--Renter-Occupied		393	3,738	5,336
Owner-Occupied Values	< 100K	472	3702	5055
	100-199K	356	1484	2384
	200-299K	104	378	553
	300-399K	9	145	196
	400-499K	1	36	85
	500K+	6	84	137

Total Working Age Population		2,365	17,522	28,527
In Work Force		1,381	9,919	15,955
Not In Work Force		985	7,603	12,572
Workforce Employed		1,276	9,141	14,709
Workforce Unemployed		105	773	1,235
Civlian Workforce		1,381	9,914	15,944
Military Workforce		0	5	11

Total Households		1,342	9,567	13,746
Family Households		767	5,384	8,081
Non-Family Households		575	4,183	5,665
Married Couple		600	3,433	5,331
Other Family		167	1,952	2,750
Married w/Child		212	1,072	1,480
Single Male w/Child		18	252	344
Single Female w/Child		91	983	1,309

Population Change Last Two Decades - Plus Projection

	2000	%	2010	%	2020	%	2030
Indiana	6,080,485	+7	6,483,802	+4	6,738,573	+4	7,014,880
Grant County	73,403	-5	70,061	-6	65,685	-5	62,233
Wabash County	34,960	-6	32,888	-5	31,165	-5	29,619

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No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

Common Questions and Answers

What is the asking price for 1502 North Baldwin Avenue in Marion?

The asking price for 1502 North Baldwin Avenue is $4,750,000

What is the building size of this Specialty property in Marion, IN?

The size of the building/unit at 1502 North Baldwin Avenue in Marion is 49,222 square feet

How much land does the Marion, IN property at 1502 North Baldwin Avenue include?

1502 North Baldwin Avenue in Marion includes 0.500 acres of land

What kind of Specialty is the propery at 1502 North Baldwin Avenue?

The property at 1502 North Baldwin Avenue Marion, IN 46952 is listed as a Hotel/Motel/Resort Specialty property

What is the population within 1 mile of 1502 North Baldwin Avenue in Marion?

The population within 1 mile of 1502 North Baldwin Avenue Marion, IN 46952 is 2,956 people.

Who do I contact for questions about 1502 North Baldwin Avenue?

You should contact the listing agent, Robert Hunter , for any details regarding this commercial listing.

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1424 E 191st St, Westfield, IN	CALL	10500	1.98
146th Street, Westfield, IN	CALL	20000	2.11
4370 South 350 West, Cutler, IN	$150,000	880	1.3
301 South Columbia Street, Frankfort, IN	$350,000	25842	0.89
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Closest Commercial Airports

Airport	Distance (mi)
Fort Wayne International Airport (FWA)	37
Indianapolis International Airport (IND)	68
South Bend Regional Airport (SBN)	85