114-116 Maple St Marietta, OH 45750
- Retail properties
- 4,800 SF
- 0.09 lot acres
Current Use by Public Records
- Retail properties
Property Details for 114-116 Maple St
- Year built
- 1900
- Lot size
- 0.09 lot acres
- Property size
- 4,800 SF
- Property type
- Retail properties
Description
This charming, renovated 1900 building in Marietta's Historic Harmer Village presents a unique investment opportunity. The 4,800 square foot property sits on a 0.09-acre lot and currently houses two thriving businesses: a bakery and a cafГ©, operating within a bright, modern, yet historically-preserved interior. The open floor plan allows for seamless customer flow between the businesses, creating a synergistic retail environment. The layout is easily adaptable, allowing for future division into two separate storefronts if desired. Adding to the income potential, the upper level features four studio apartments. Two have been fully renovated and are currently rented, generating immediate cash flow. One apartment is under renovation, and a fourth awaits modernization, offering further upside potential for rental income. The building underwent a significant transformation since its acquisition in 2021, having been previously in a state of disrepair. This turnkey investment combines the appeal of established commercial tenants with the potential for substantial rental income from the residential units, making it an attractive proposition for savvy investors seeking a blend of commercial and residential returns in a desirable historic location. The property's location within the vibrant Harmer Village ensures high visibility and foot traffic. This is a rare opportunity to own a piece of Marietta's rich history while capitalizing on a strong income-generating asset.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Washington
- State
- Ohio
- Longitude
- -81.4588
- Latitude
- 39.4113
