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    1292 Indiana Ave Saint Marys, OH 45885

    For Lease
    $6 SF/Yr

    Prime Ohio location, high traffic, diverse tenants

    Lot size:
    238,839 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    St. Mary's Square, located at the intersection of US-33 and State Route 29 in St. Marys, Ohio, presents a unique opportunity for businesses seeking a high-traffic, established retail and office space. This single-story complex boasts 238,839 square feet of space, with a maximum contiguous space of 86,479 square feet, spread across 24 suites. The property sits on 29.4 acres and includes 910 parking spaces. Built in 1990, the complex is zoned C-2 and benefits from excellent visibility and accessibility. Current tenants include a diverse mix of national and local businesses such as Tractor Supply, Goodwill, Hobby Lobby (opening Fall 2024), a future grocery store (opening 2025), Maurice's, Bath & Body Works, and many more. The property enjoys a strategic location near Grand Lake St. Marys State Park (attracting 750,000 visitors annually), Wright State Lake Campus (1,400+ students), and a strong local population with a 2023 average household income of $98,403 within a 6-mile radius. The surrounding area features numerous amenities, including major retailers like Kroger and Kohl's, and a variety of restaurants and businesses. The property also benefits from high daily traffic volume (over 36,140 vehicles per day) and features an EV charging station with pylon signage availability. This thriving commercial center offers a strong investment opportunity within a growing community. Available spaces range from 1,200 to 86,479 square feet.

    Property Features for 1292 Indiana Ave

    General Information

    Property type
    Office Properties & Spaces
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    238,839 SF
    Total Rate
    119419.5

    Building Details

    Year Built
    1990
    Stories
    1

    Unit(s) available at that property

    Space
    1238
    Size
    4,500 SF
    Rate per SF
    $12
    Space
    1244
    Size
    5,800 SF
    Rate per SF
    $12
    Space
    1270-A
    Size
    2,500 SF
    Rate per SF
    $6
    Space
    1270
    Size
    1,200 SF
    Rate per SF
    $12
    Space
    1274
    Size
    5,400 SF
    Rate per SF
    $12
    Space
    1252
    Size
    2,000 SF
    Rate per SF
    $12
    Space
    1256/1258
    Size
    5,000 SF
    Rate per SF
    $12
    Space
    1296
    Size
    8,119 SF
    Rate per SF
    $12
    Space
    1300
    Size
    2,250 SF
    Rate per SF
    $12

    HighLights

    • Completely renovated exterior with new façade, roof, paint, and stucco.
    • Ample parking with 910 stalls, providing a generous 3.79 spaces per 1,000 square feet of gross leasable area (GLA). Shared parking lot with established businesses.
    • Build‑to‑suit opportunities available.
    • Located in the St. Marys Community Reinvestment Area, eligible for a 10‑year property tax exemption on new construction.
    • Prominent pylon signage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sears Appliance Repair Appliance Repair Service CELINA TENT, INC. ... Manufacturer

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Saint Marys
    County
    Auglaize
    State
    Ohio
    Longitude
    -84.406258426964
    Latitude
    40.554871068468

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    Nearby Similar for Lease

    • Contact for pricing
      14,741 SF

      Former Retail Space in St. Marys

      Former Rite Aid available for lease or redevelopment.
      1502 Executive Dr, Saint Marys, OH 45885
      View Details
    • Contact for pricing
      9,053 SF

      St. Mary's Retail Space Available

      High-visibility retail space; flexible layouts.
      201 High St, Saint Marys, OH 45885
      View Details

    FAQs

    What type of property is this?
    Office Property / Space - Prime Ohio location, high traffic, diverse tenants
    Where is this office property / space located?
    The property is located at 1292 Indiana Ave Saint Marys, OH.
    What is the lease rate?
    The lease rate is $6-$12 SF/Yr.
    What are key features of this property?
    This property features: Completely renovated exterior with new façade, roof, paint, and stucco.; Ample parking with 910 stalls, providing a generous 3.79 spaces per 1,000 square feet of gross leasable area (GLA). Shared parking lot with established businesses.; Build-to-suit opportunities available.
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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
    1292 Indiana Ave Saint Marys, OH 45885
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