Specialty Real Estate
1502 North Baldwin Avenue Marion, IN 46952
Details & Description
Price: $4,750,000
    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.
    Property Highlights
     Close Proximity to Number of Demand Generators Including Indiana Wesleyan University
     Located Near General Motors Marion Metal Center
    Additional Photos
    Listing Agents
    Robert Hunter

    O: 954-245-3473
    robert.hunter@marcusmillichap.com
    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.

    1502 North Baldwin Avenue

    Marion, IN 46952

    Listing ID: 275468
    • 1502 North Baldwin Avenue Marion, IN 46952 | for Sale | Photo 1
    • 1502 North Baldwin Avenue Marion, IN 46952 | for Sale | Photo 2
    • 1502 North Baldwin Avenue Marion, IN 46952 | for Sale | Photo 3
    • 1502 North Baldwin Avenue Marion, IN 46952 | for Sale | Photo 4
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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.
     

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    Marion Area Market Trends

    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.

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    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 property 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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    Closest Commercial Airports

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