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    Marion, OH
    Conventional Restaurant

    Marion, OH Conventional Restaurants for Sale

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    Waldo, OH Caledonia, OH Prospect, OH Richwood, OH La Rue, OH Radnor, OH Cardington, OH Edison, OH
    Free-Standing Retail Building on Corner
    Updated: Mar 31
    Free-Standing Retail Building on Corner

    1050 Mt Vernon Ave, Marion, OH 43302

    Contact for pricing
    2,936 sqft 0.55 AC lot
    Offered significantly below replacement cost, presenting an excellent opportunity.
    Vacant, free‑standing retail building formerly occupied by Denny's, allowing for immediate occupancy or redevelopment.
    Strategically positioned on a hard corner with high visibility and traffic counts of 19,365 VPD.
    Flexible "C5" Commercial zoning supports a wide variety of uses.
    Strong demographics with ±41,386 residents and an average household income of ±$59,130 within a 3‑mile radius.
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    Established Restaurant on High-Traffic Road
    Updated: Apr 8, 2021
    Established Restaurant on High-Traffic Road

    1565 Marion-Waldo Rd, Marion, OH 43302

    $474,900
    3,840 sqft 1.00 AC lot
    Established turn‑key restaurant/diner with 20 years of family ownership.
    Located on a very busy, high‑traffic road near businesses and shopping.
    Large 1+ acre lot with ~50 parking spaces and drive‑through window.
    ~3,800 SF building with seating for ~180, including banquet area and bar.
    Versatile zoning allows for various uses (offices, medical, retail, etc.).
    View details
    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Marion, OH, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Corner Restaurant and Development Site
    Corner Restaurant and Development Site

    6530 State Route 229, Marengo, OH 43334

    $950,000
    3,148 sqft 3.30 AC lot

    3.3+/- acre corner parcel with an existing restaurant building and utilities in place, including an active sanitary sewer tap.

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    Restaurant and Bar Zoned Building
    Restaurant and Bar Zoned Building

    1896 Ashland Rd, Mansfield, OH 44905

    $279,900
    0.03 AC lot

    A 1938 building with recent roof, windows, and decking, zoned for restaurant, bar, or cafeteria use.

    View details
    Block Restaurant Building with Parking
    Block Restaurant Building with Parking

    1041 Park Ave. W, Mansfield, OH 44906

    $985,000
    1.07 AC lot

    All-block building with a fully equipped Chinese restaurant and multiple leaseable spaces, plus parking and substantial road frontage.

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    Commercial Corner Development Opportunity
    Commercial Corner Development Opportunity

    6530 State Route 229, Marengo, OH 43334

    $950,000
    3,148 sqft 3.30 AC lot

    3.3 acre commercial corner parcel adjacent to Highland Schools.

    View details

    Marion, OH Conventional Restaurants Market Trends and Statistics

    Explore 2 conventional restaurants for sale in Marion, OH on our real estate platform. These investment opportunities span a total of 3,840 square feet of properties for sale, with an estimated market value of $474,900.

    Sale prices for conventional restaurants in Marion, OH start at $474,900, averaging $474,900, and reaching up to $474,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Conventional restaurants 2
    Drive through restaurants 2
    Bars & Pubs 1
    Coffee shops 1

    Demographics Overview

    Population 55K
    Population Growth (5Y) +1.0%
    Median Household Income $53,833
    College Educated 4.5%

    High-Yield Neighborhoods for Investment

    Identify Marion submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    43302 $183.3K

    Taxes & Financing

    Tax Rate (average for all types) 5.47%
    Property Tax per SF $87.90 per SF
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Marion County

    New Delisted

    Property Size Breakdown

    The majority of commercial real estate listings in Marion fall within the 5,000 to 10,000 square foot range.

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