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    111 7Th St Marysville, OH 43040

    For Sale
    $165,000

    Downtown Marysville, Ohio - 1620 sq ft

    Property size:
    1,620 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    365
    This exceptional 1,620 square foot commercial property, located at 111 W 7th Street in Marysville, Ohio, presents a unique investment opportunity. Built in 1930 and situated on a 2,613.6 square foot lot, this special purpose building boasts a prime downtown location. Its strategic placement directly across from a new city parking lot, and adjacent to Partner's Park, the Library, and a splash pad, ensures high visibility and convenient access for customers. The asking price is $165,000, translating to $101.85 per square foot. The property features a recently updated roof, furnace, electrical panel, windows, and concrete slab, minimizing immediate maintenance needs. The interior is ready for build-out to suit a variety of commercial uses, allowing for customization to perfectly match your business requirements. This is an excellent chance to establish a presence in a thriving uptown community known for its vibrant events and strong local support. The single-unit building offers 1,620 square feet of net rentable space, providing ample room for operations. This location offers unparalleled visibility and accessibility, making it an ideal investment for a discerning buyer seeking a high-impact commercial space in a desirable Ohio location. The property's zip code is 43040, and it is located in Union County.

    Property Features for 111 7Th St

    General Information

    Property type
    Specialty properties
    Square Feet
    1,620 SF

    Building Details

    Year Built
    1930
    Units
    1

    HighLights

    • $165,000 asking price for this special purpose property.
    • 1,620 square feet on a 2,613.6 square foot lot.
    • Located at 111 W 7th Street, Marysville, OH 43040.
    • Features a new roof, furnace, electrical panel, windows, and concrete slab.
    • Prime location across from a new city parking lot, Partner's Park, the Library, and splash pad, offering excellent visibility and ample parking.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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.

    Location Insight

    • Map
    • Local Demand
    City
    Marysville
    County
    Union
    State
    Ohio
    Longitude
    -83.3677321
    Latitude
    40.2341067

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    FAQs

    What type of property is this?
    Specialty property - Downtown Marysville, Ohio - 1620 sq ft
    Where is this specialty property located?
    The property is located at 111 7Th St Marysville, OH.
    What is the asking price?
    The asking price for this property is $165,000.
    What are key features of this property?
    This property features: $165,000 asking price for this special purpose property.; 1,620 square feet on a 2,613.6 square foot lot.; Located at 111 W 7th Street, Marysville, OH 43040.
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    111 7Th St Marysville, OH 43040
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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
    111 7Th St Marysville, OH 43040
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