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    Property profile & analytics

    45 Depot St Marion, NC 28752

    • Showrooms
    • 22,620 SF
    • 0.19 lot acres
    For Sale
    View listing
    $799,000
    Value Estimation
    Location Intelligence
    Property ID
    US53-2651240
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Current Use by Public Records

    • Marion Train Depot / Event Venue

    Property Details for 45 Depot St

    Year built
    1898
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.19 lot acres
    Property size
    22,620 SF
    Property type
    Showrooms
    APN
    1701-11-66-0570
    APU
    170111660570

    Description

    This exceptional 3-story brick building, situated on a 0.22-acre lot at 45 Depot Street in Marion, NC, presents a unique investment opportunity in the revitalized downtown area. Formerly home to the Fiesty Goldfish, this property boasts significant recent renovations to the main level, including the installation of new steel structural beams, a complete electrical upgrade, a new membrane and shingle roof, replacement windows, and refinished original hardwood flooring. The building's functionality is further enhanced by a freight elevator, a crucial asset for efficient operations, and a comprehensive wet sprinkler system installed throughout all three levels, ensuring safety and peace of mind. While the upper two levels remain unfinished, they retain their original hardwood flooring and offer considerable potential for future development and customization. The building's location within the newly renovated Depot area of downtown Marion places it at the heart of a thriving community, providing excellent visibility and accessibility. This property is priced at $799,000 and represents a rare chance to acquire a piece of Marion's rich history and contribute to its continued growth. The substantial renovations already completed provide a solid foundation for a variety of commercial uses, making this an attractive proposition for discerning investors seeking a high-return opportunity in a desirable location. The unfinished upper floors offer significant flexibility for expansion or adaptive reuse, allowing for the creation of unique and valuable spaces tailored to specific business needs.

    Value Estimation

    Powered by Realmo proprietary methodology Last update: July 3, 2025

    • CAP approach

    • Comparable approach

    • Alternative Use

    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Mcdowell
    State
    North Carolina
    Longitude
    -82.0104
    Latitude
    35.6816
    CBSA code
    32000
    CBSA name
    MARION, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,581
    $65,000
    $199,460
    $264,460
    -
    $65,000
    $199,460
    $264,460

    Comparable in this City

    • Value Estimation
      $905,000
      23,435 SF

      1930 Us 70th E

      SHOW ROOM, WAREHOUSE • 23,435 SF
      1930 Us 70th E, Marion, NC 28752-6779
      View Details
    • Value Estimation
      $230,000
      5,568 SF

      1904 Us 70th W

      SHOW ROOM, WAREHOUSE • 5,568 SF
      1904 Us 70th W, Marion, NC 28752-7456
      View Details
    • Value Estimation
      $450,000
      15,952 SF

      44 Depot St

      SHOW ROOM, WAREHOUSE • 15,952 SF
      44 Depot St, Marion, NC 28752-8920
      View Details
    • Value Estimation by Request
      5,984 SF

      77 Toms Crk Rd

      RETAIL STORES (PERSONAL SERVICES) • 5,984 SF
      77 Toms Crk Rd, Marion, NC 28752-6916
      View Details
    • Value Estimation
      $80,000
      1.38 Acres

      Sugar Hl Rd

      RETAIL STORES (PERSONAL SERVICES) • 1.38 Acres
      Sugar Hl Rd, Marion, NC 28752
      View Details
    • Value Estimation
      $520,000
      1,920 SF

      2815 Sugar Hl Rd

      CONVENIENCE STORE • 1,920 SF
      2815 Sugar Hl Rd, Marion, NC 28752-5497
      View Details

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    • Contact for pricing
      23,694 SF

      Hwy 70 Commercial Land Opportunity

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      View Details
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    45 Depot St
    Marion, NC 28752
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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
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