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Free-Standing Retail Building on Corner

1050 Mt Vernon Ave Marion, OH 43302

1050 Mt Vernon Ave, Marion, OH, 43302
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For Sale
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Vacant retail building in Marion, OH, formerly Denny’s.

Property Size2,936 SF
Lot Size0.55 Acres
Days on Market114

Property Features for 1050 Mt Vernon Ave

General Information

Standard status
Active
Size
2,936 SF
Lot size
0.55 Acres
Property subtype
Vacant-User

Building Details

Year Built
1989
Listing agency Fort Lauderdale Office
Listed by Philip Kates · License #License(s): FL: SL3235872
Source Marcusmillichap
Added: Mar 31 Updated: Jul 10 at 3:56PM Checked: Jul 10 at 3:56PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fort Lauderdale Office


Investment Insights

Based on property information with market context.

The property is a vacant, free-standing retail building located at 1050 Mount Vernon Avenue in Marion, OH. Built in 1989, the one-story building contains approximately 2,936 square feet and includes 42 parking spaces on a 0.55-acre parcel. The site offers frontage on a hard corner with approximately 172 feet on Mount Vernon Avenue, with traffic counts of 19,365 vehicles per day. Formerly occupied by Denny’s on a NNN lease, the property offers opportunities through lease-up at market rates. Zoned “C5” Commercial, the property benefits from zoning allowances that support a variety of uses. Marion, Ohio, is a regional economic and transportation hub located along Interstate 75 and U.S. Routes 23 and 30. The city’s economy is anchored by advanced manufacturing, automotive supply, healthcare, and logistics. The property is located approximately 1 mile from downtown Marion, near dining, shopping, and attractions, and less than a mile from The Ohio State University at Marion. The immediate trade area features national and regional retailers, including Walmart, Lowe’s, Hobby Lobby, Kohl’s, Kroger, McDonald’s, TJ Maxx, Aldi, Harbor Freight, Chipotle, Wendy’s, Perkins, Buffalo Wild Wings, Applebee’s, CVS, Red Lobster, and Ollie’s. The area has a residential base of approximately 41,386 residents with an average household income of approximately $59,130 in a 3-mile trade area and 48,022 residents with an AHHI of approximately $61,571 within 5-miles.

Key Highlights

  • 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.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Denny's Restaurant

Suggested Use

Law Firm Real Estate Agency Big Box & Wholesale Store Building Supply Barber Shop Accounting Firm Hair Salon HVAC Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

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

FAQs

What type of property is this?
Conventional restaurant - Vacant retail building in Marion, OH, formerly Denny’s.
Where is this conventional restaurant located?
The property is located at 1050 Mt Vernon Ave Marion, OH.
What are key features of this property?
This property features: 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.
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