Secure Retail
405 Bartram Avenue Marion Marion, OH 43302
405 Bartram Avenue Marion, Marion, OH, 43302
$95,000
For Sale
$95,000
Retail storefront with reinforced doors and windows, plus an advanced alarm system for a secure operating environment.
Property Size840 SF
Price / SF$113.10
Days on Market20
Property Features for 405 Bartram Avenue Marion
General Information
- Standard status
- Active
- Size
- 840 SF
Building Details
- Year Built
- 1970
Listing agency
(614) 660-5959
Listed by
Brian McLaughlin
(614) 660-5959
Source
Movenowohio
Added: Jul 4 Updated: Jul 22 at 9:39PM Checked: Jul 23 at 3:06AM
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 Brian McLaughlin
Investment Insights
Based on property information with market context.
This secure retail storefront has been owned and operated for decades as a gunshop and is offered as a move-in ready commercial property. The building features reinforced doors and windows and an advanced alarm system designed to support a higher-security operating environment.
The property is located at 405 Bartram Avenue in Marion, Ohio.
With a history of continuous operation and purpose-built security features, the space may be suited for a range of commercial uses, depending on the buyer’s plans and applicable approvals.
The property is located at 405 Bartram Avenue in Marion, Ohio.
With a history of continuous operation and purpose-built security features, the space may be suited for a range of commercial uses, depending on the buyer’s plans and applicable approvals.
Key Highlights
- 840 SF commercial retail storefront on a 0.26‑acre lot
- Reinforced doors and windows built for a more secure operating environment
- Advanced alarm system in place for added security
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $4.9k | $5.78 |
| − Vacancy | −$174 | −$0.21 |
| EGI | $4.7k | $5.57 |
| − OpEx | −$1.4k | −$1.67 |
| NOI | $3.3k | $3.90 |
840 SF · lease $5.78/SF/yr · vacancy 3.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$46.8K
$41.0K – $54.6K
NOI $3,277 @ 7.0% cap · market cap 3.45%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$169.6K
$148.4K – $197.8K
NOI $11,869 @ 7.0% cap · market cap 12.49%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail storefront with reinforced doors and windows, plus an advanced alarm system for a secure operating environment.
Where is this retail space located?
The property is located at 405 Bartram Avenue Marion Marion, OH.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: 840 SF commercial retail storefront on a 0.26‑acre lot; Reinforced doors and windows built for a more secure operating environment; Advanced alarm system in place for added security
