Add Listing
    For Lease
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search
    The Largest CRE Database in the US with Over 1 Million Listings

    546 N Main Street Marion, OH 43302

    View on Map
    For Lease
    $220,000

    COMMERCIAL - Marion, OH

    Property size:
    2,026 SF
    Lot size:
    0.38 Acres
    Added:
    Nov 14, 2025
    Days on Market:
    139
    Last Refresh:
    Apr 2 at 4:06 am

    Property Features for 546 N Main Street

    General Information

    Property type
    Commercial Lease
    Property subtype
    Other
    Standard status
    Active
    APN
    12-1040000.400
    Size
    2,026 SF
    Lot size
    0.38 Acres

    Taxes and HOA fees

    TaxYear
    2024
    TaxAnnualAmount
    1600

    Utilities

    Utilities
    Water Available
    Sewer type
    Public Sewer
    Heating system
    Forced Air
    Water source
    Public

    Building Details

    Year built
    1974
    Floors in Building
    1

    We can help!

    Listing Contact
    Emily E Stephen
    Emily E Stephen

    Listing agent Emily E Stephen License #OHIO2020005787

    Listing office Realistar 511 Main St A, Groveport, OH

    Listing date Nov 14, 2025

    MLS# 225043137

    Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Drive-Through Opportunity in Marion, OH

    This commercial property in Marion, OH, presents a rare drive-through opportunity in a high-traffic area with strong daily vehicle counts. The property features a fully functioning drive-through, making it ideal for fast food or beverage concepts. Recent updates include a new roof completed in 2025, along with fresh exterior paint. Ample on-site parking and ADA access are available for guests and staff. The interior, a shell space of 2026 square feet, offers an open canvas for redevelopment and is well-suited for a coffee shop, fast-casual restaurant, or retail concept. The zoning supports a wide variety of retail or food service uses, providing flexibility for various business ventures. The lot size is 0.38 acres. The lease rate is $10.70 per square foot NNN with flexible terms available.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.129109
    Latitude
    40.597757

    Nearby Similar for Lease

    • $12/mo

      Redeveloped Retail Space For Lease

      First floor retail space suitable for restaurant or bar.
      126 S Main St, Marion, OH 43302
      View Details
    • Contact for pricing

      Medical Office Space Available

      Medical office space for lease in Marion, Ohio.
      1199 Delaware Ave, Marion, OH
      View Details
    • Contact for pricing

      Retail Space on State Route

      Retail space available on Marion-Mt. Gilead Rd (State Route 95).
      1623 Marion Mount Gilead Rd, Marion, OH
      View Details
    • Contact for pricing

      Retail Space Near OhioHealth Hospital

      Retail space for lease near OhioHealth Marion General Hospital.
      1296 Delaware Ave, Marion, OH
      View Details
    • $5/mo

      Marion Warehouse with Drive-In Bays

      9,000 SF warehouse featuring 18' clear height and drive-in bays.
      618 W Ctr St, Marion, OH
      View Details
    • $5/mo

      Industrial Shell Space For Lease

      16,000 SF industrial shell space available for lease.
      617 W Center St, Marion, OH
      View Details
    • Contact for pricing

      Retail Space on State Route

      Retail space available on Marion-Mt. Gilead Rd (State Route 95).
      1559-1677 Marion-Mt Gilead Rd, Marion, OH
      View Details
    • Contact for pricing

      Retail Space in Marion, Ohio

      Retail space available in high-traffic Marion retail corridor.
      135-175 Edgefield , Marion, OH
      View Details
    • Contact for pricing

      Medical Office Space For Rent

      Medical office building with frontage on Delaware Parkway.
      1069 Delaware Ave, Marion, OH 43302
      View Details
    • Contact for pricing

      Retail Space For Lease

      Retail space available for lease.
      1559-1677 Marion Mount Gilead Road, Marion, OH 43302
      View Details

    FAQs

    What type of property is this?
    Drive through restaurant - High-traffic commercial space with drive-through, ideal for fast food.
    Where is this drive through restaurant located?
    The property is located at 546 N Main Street Marion, OH.
    What is the lease rate?
    The lease rate is $220,000.
    What are key features of this property?
    This property features: Rare drive‑through opportunity in a high‑traffic location.; Flexible zoning supports a wide variety of retail or food service uses.; Interior is a shell, offering a wide‑open canvas for redevelopment.
    (614) 787-0701
    We can help!
    Listing Contact
    Emily E Stephen
    Emily E Stephen
    Real Estate License ID: OHIO2020005787
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!