Medical Office with Private
901 Third St, Marietta, OH 45750
For Sale
$250,000
The main-level plan combines reception space, three private rooms, an additional office area, and two half bathrooms.
Property Size1,012 SF
Price / SF$247.04
Days on Market45
Property Features for 901 Third St
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Additional Details
Currently Operating
Property Use
Medical Specialty
Building Details
Year Built
Buildings
Tenancy
Abandoned
Listing Agency:
Century 21 Full Service, LLC.
Listed By:
Amy P Medley
(740) 374-8900
Source:
Searchclevelandhouses
Added: Sep 27
Changed: Nov 10
Last Checked: Nov 10 at 2:33PM
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 Century 21 Full Service, LLC.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
Built in 1941, this medical office property contains 1,012 square feet. The main level has a lobby and reception area, three separate rooms, an additional office or welcome area, and two half bathrooms. A dry basement and attic space provide storage. The property is currently used as a chiropractic office.
The Marietta property is on Third Street, where daily traffic exceeds 9,000 vehicles. Parking space is available for approximately 14 vehicles. Recent improvements include a replacement roof, water line, and gas line; the air conditioning system was inspected and charged.
The Marietta property is on Third Street, where daily traffic exceeds 9,000 vehicles. Parking space is available for approximately 14 vehicles. Recent improvements include a replacement roof, water line, and gas line; the air conditioning system was inspected and charged.
Key Highlights
- 1,012‑square‑foot medical office property
- Main level includes reception, three separate rooms, an additional office area, and two half bathrooms
- Dry basement and attic space for storage
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,691
Cap Rate
3.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,820
$193.8K
Cap Rate 7%
$138,443
$138.4K
Cap Rate 9%
$107,678
$107.7K
Market Conditions
NOI Build-Up for 1,012 SF
Gross rent
$16.2K $15.96/SF
− Vacancy
−$3.2K −$3.19/SF
EGI
$12.9K $12.77/SF
− OpEx
−$3.2K −$3.19/SF
NOI
$9.7K $9.58/SF
Area
Washington County, OH
Vacancy
20.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$193,820
Cap Rate 7%
$138,443
Cap Rate 9%
$107,678
Alternative Uses
Best Use
Office B
$138.4K
$121.1K – $161.5K
NOI $9,691 @ 7.0% cap · market cap 3.88%
Second Best
Healthcare Medical
$85.6K
$74.9K – $99.9K
NOI $5,992 @ 7.0% cap · market cap 2.40%
Theoretical Best
Mixed Use
$235.2K
$205.8K – $274.4K
NOI $16,466 @ 7.0% cap · market cap 6.59%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
535
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45750, OH
26,327
Population
12,690
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
92%
High-School Grad
106.8 sq mi
ZIP Area
247
Density / Sq Mi
$56,883
Median Household Income
$35,027
Median Earnings
$838
Median Rent
$177,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Office in Midwest region
Similar Off Market Nearby
- Ohio Valley Veterinary Hospital — 423 2nd St, Marietta, OH 45750
- VCA Animal Hospital — 416 Front St, Marietta, OH 45750
Frequently Asked Questions
What type of property is this?
Medical Office Space - The main-level plan combines reception space, three private rooms, an additional office area, and two half bathrooms.
Where is this medical office space located?
The property is located at 901 Third St Marietta, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: 1,012‑square‑foot medical office property; Main level includes reception, three separate rooms, an additional office area, and two half bathrooms; Dry basement and attic space for storage
