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    1050 Mount Vernon Ave Marion, OH 43302

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    For Sale
    Contact for pricing

    Restaurant property for sale near Ohio State University Marion.

    Property size:
    4,130 SF
    Lot size:
    0.54 Acres

    Property Features for 1050 Mount Vernon Ave

    General Information

    Size
    4,130 SF
    Lot size
    0.54 Acres

    Source: Black Gate Partners Agent Tim Maly

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Former Restaurant on Main Corridor

    This 4,130 square foot property, formerly a restaurant, is available for sale. It includes existing restaurant furniture, fixtures, and equipment (FF&E). Situated along the main retail corridor in Marion, the location benefits from traffic counts exceeding 19,000 vehicles per day. The property is located near Ohio State University's Marion campus, offering convenient access and visibility. Pylon signage is available. Area retailers include Walmart, Lowe's, Kohls, Kroger, TJ Maxx, Hobby Lobby, Meijer, and Menards. This property is located at 1050 Mount Vernon Ave, Marion, OH.
    Insight Report Location Intelligence

    Current Use by Public Records

    Denny's Diner

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Similar Places Nearby

    Yellow Finch Creations

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.103298
    Latitude
    40.5808772

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    FAQs

    What type of property is this?
    Restaurant - Restaurant property for sale near Ohio State University Marion.
    Where is this restaurant located?
    The property is located at 1050 Mount Vernon Ave Marion, OH.
    What are key features of this property?
    This property features: - High traffic location with over 19,000 vehicles per day; - Existing restaurant FF&E included; - Prime retail corridor location in Marion
    (614) 358-2089
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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
    1050 Mount Vernon Ave Marion, OH 43302
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