Storefront Retail
For Sale
Contact for pricing
444 East Center Street, Marion, OH 43302
Retail storefront with OIA zoning and established construction dating to 1972.
Property Size3,850 SF
Price / SF$61.69
Days on Market9
Property Features for 444 East Center Street
General Information
Standard status
Active
Size
3,850 SF
Property subtype
Retail, Office, Hospitality
Zoning
OIA
Lease Type
NNN
Building Details
Year Built
1972
Buildings
2
Stories
1
Units
3
Listing Agency:
RE/MAX Premier Choice
(614) 993-3094
Listed By:
Adam Holderman · License #2020001787
Source:
Crexi
Added: Jul 28
Changed: Aug 4
Last Checked: Aug 5 at 11:37AM
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 RE/MAX Premier Choice
Investment Insights
Based on property information with market context.
This storefront retail property offers 3,850 square feet of commercial space. Constructed in 1972, the building is identified for retail use and carries OIA zoning.
The property is located at 444 East Center Street in Marion, Ohio, providing a defined storefront setting for commercial occupancy.
The property is located at 444 East Center Street in Marion, Ohio, providing a defined storefront setting for commercial occupancy.
Key Highlights
- 3,850 square feet of retail space
- OIA zoning
- Built in 1972
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 | $22.3k | $5.78 |
| − Vacancy | −$797 | −$0.21 |
| EGI | $21.5k | $5.57 |
| − OpEx | −$6.4k | −$1.67 |
| NOI | $15.0k | $3.90 |
3,850 SF · lease $5.78/SF/yr · vacancy 3.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$214.6K
$187.7K – $250.3K
NOI $15,019 @ 7.0% cap · market cap 6.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$777.2K
$680.0K – $906.7K
NOI $54,401 @ 7.0% cap · market cap 22.91%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
355
Businesses Nearby
21k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 57%
Dining 43%
Lee's Famous Recipe Chicken
Dining
7,085 visits/mo
0.2 miles
AutoZone
Shops & Services
4,567 visits/mo
0.1 miles
O'Reilly Auto Parts
Shops & Services
2,410 visits/mo
0.1 miles
Mobil
Shops & Services
2,257 visits/mo
0.3 miles
Spectrum
Shops & Services
2,109 visits/mo
0.4 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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hemmerly's Flowers & Gifts — 615 E Center St, Marion, OH 43302
Frequently Asked Questions
What type of property is this?
Storefront property - Retail storefront with OIA zoning and established construction dating to 1972.
Where is this storefront property located?
The property is located at 444 East Center Street Marion, OH.
What is the asking price?
The asking price for this property is $237,500.
What are key features of this property?
This property features: 3,850 square feet of retail space; OIA zoning; Built in 1972
