304 S Gallatin St, Marion, IN 46952

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Building Details:

We are pleased to announce the opportunity to acquire Dan Mar and Cecelian Apartments, located in Downtown Marion, Indiana. The Dan Mar-Cecelian consists of two buildings, totaling 48 units. These two historic buildings were built from 1880 to 1900 and total 81,456 SF, with units ranging in size from 250 to 1,620 square feet. The Dan Mar building also contains two store-front retail spaces adjacent to 3rd St. Both buildings are currently unoccupied. Marion is located in Northern Indiana, directly off of I-69, and just 25 and 45 minutes from Kokomo and Fort Wayne, respectively.

Marion is the home of Indiana Wesleyan University, which boasts a total Indiana enrollment of more than 15,000 - more than 4,000 of those students attend the Marion campus. Indiana Wesleyan is the fastest growing university in Indiana and currently the largest private university in the state.

The property is located just south of Five Points Mall, Marion’s largest shopping district.

The Marion General Hospital was recently named a “Magnet Hospital” with fewer than 5% of all hospitals earning this honor.

With nearly 2,000 employees, Marion’s General Motors plant is one of the largest stamping plant facilities in the Midwest.