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Retail Building Investment
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1514 Mt Vernon Ave, Marion, OH 43302

Retail property offered for sale with a stated 7% cap rate and 5,448 SF.

Property SizeContact for details
Days on Market123

Property Features for 1514 Mt Vernon Ave

General Information

Standard status Active
Property subtype Retail
Listing Agency: Matthews
Listed By: Keegan Mulcahy · License #CA 2067187
Source: Crexi
Added: Apr 11 Changed: Aug 8 Last Checked: Jul 22 at 9:40AM

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 Matthews

Investment Insights

Based on property information with market context.

This for-sale retail property is listed with a stated 7% cap rate and totals 5,448 SF. The offering is described as retail space within the commercial real estate categories.

The property is located at 1514 Mt Vernon Ave in Marion, OH 43302. For more details on the current income, tenant situation, and lease terms supporting the stated cap rate, please request the available offering materials.

Key Highlights

  • Retail property with a stated 5,448 SF total size
  • Stated 7.00% cap rate

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Hair Salon

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

542
Businesses Nearby
661k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 36% Shops & Services 22% Apparel 15% Superstores 14%
Walmart Superstores
83,081 visits/mo 0.2 miles
McDonald's Dining
37,223 visits/mo 0.2 miles
T.J. Maxx Apparel
36,239 visits/mo 0.3 miles
Kohl's Apparel
33,509 visits/mo 0.5 miles
Kroger Groceries
31,394 visits/mo 0.2 miles

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 Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
Retail space - Retail property offered for sale with a stated 7% cap rate and 5,448 SF.
Where is this retail space located?
The property is located at 1514 Mt Vernon Ave Marion, OH.
What are key features of this property?
This property features: Retail property with a stated 5,448 SF total size; Stated 7.00% cap rate
More about this property
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