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Single-Tenant Office Building
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1148 Lake Boulevard, Marion, OH 43302

Purpose-built VA outpatient clinic occupied by one federal tenant under a long-term non-cancellable commitment.

Property Size20,648 SF
Days on Market12

Property Features for 1148 Lake Boulevard

General Information

Standard status Active
Size 20,648 SF
Total Parking Spaces 107
Property subtype Office
Zoning O-I-A - City of Marion
Occupancy 100%

Building Details

Year Built 2025
Buildings 1
Stories 1
Tenancy Single
Listing Agency: GOVT Real Estate Group
Listed By: Travis Trautvetter · License #CA 01449419
Source: Crexi
Added: Aug 19 Changed: Aug 30 Last Checked: Aug 30 at 11:28AM

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 GOVT Real Estate Group

Investment Insights

Based on property information with market context.

Completed in 2025, this 20,648-square-foot office building serves as a VA outpatient clinic in Marion, Ohio. The property is configured for a single federal occupant and is located within the O-I-A zoning district designated by the City of Marion.

The occupancy includes an 18.75-year firm, non-cancellable period, providing a defined long-term commitment for the property. The asset is located at 1148 Lake Boulevard and is offered for sale.

Key Highlights

  • 20,648‑square‑foot office building completed in 2025
  • Single‑tenant VA outpatient clinic
  • Federal occupancy with an 18.75‑year firm, non‑cancellable period

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Law Firm Auto Repair Shop Hair Salon Auto Parts Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

675
Businesses Nearby

Demographics for 43302, OH

54,094
Population
22,483
Households
2.4
Avg Household Size
41
Median Age
13%
College-Educated
88%
High-School Grad
195.0 sq mi
ZIP Area
277
Density / Sq Mi
$53,833
Median Household Income
$36,816
Median Earnings
$853
Median Rent
$139,700
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office building - Purpose-built VA outpatient clinic occupied by one federal tenant under a long-term non-cancellable commitment.
Where is this office building located?
The property is located at 1148 Lake Boulevard Marion, OH.
What are key features of this property?
This property features: 20,648‑square‑foot office building completed in 2025; Single‑tenant VA outpatient clinic; Federal occupancy with an 18.75‑year firm, non‑cancellable period
More about this property
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