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    114-116 Maple St Marietta, OH 45750

    For Sale
    $470,000

    Historic Village, High-Return Potential

    Property size:
    4,800 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This charming, renovated 1900 building in Marietta's Historic Harmer Village presents a unique investment opportunity. The 4,800 square foot property sits on a 0.09-acre lot and currently houses two thriving businesses: a bakery and a cafГ©, operating within a bright, modern, yet historically-preserved interior. The open floor plan allows for seamless customer flow between the businesses, creating a synergistic retail environment. The layout is easily adaptable, allowing for future division into two separate storefronts if desired. Adding to the income potential, the upper level features four studio apartments. Two have been fully renovated and are currently rented, generating immediate cash flow. One apartment is under renovation, and a fourth awaits modernization, offering further upside potential for rental income. The building underwent a significant transformation since its acquisition in 2021, having been previously in a state of disrepair. This turnkey investment combines the appeal of established commercial tenants with the potential for substantial rental income from the residential units, making it an attractive proposition for savvy investors seeking a blend of commercial and residential returns in a desirable historic location. The property's location within the vibrant Harmer Village ensures high visibility and foot traffic. This is a rare opportunity to own a piece of Marietta's rich history while capitalizing on a strong income-generating asset.

    Property Features for 114-116 Maple St

    General Information

    Property type
    Retail properties
    Square Feet
    4,800 SF
    Lot Size
    3,920 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail properties

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Marietta
    County
    Washington
    State
    Ohio
    Longitude
    -81.45876
    Latitude
    39.41129

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    FAQs

    What type of property is this?
    Retail property - Historic Village, High-Return Potential
    Where is this retail property located?
    The property is located at 114-116 Maple St Marietta, OH.
    What is the asking price?
    The asking price for this property is $470,000.
    (740) 373-1303
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    114-116 Maple St Marietta, OH 45750
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    Marietta, OH 45750
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    Realmo Value Estimation

    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.

    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.

    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
    114-116 Maple St Marietta, OH 45750
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