101 Rathbone RdMarietta, OH 45750

Property Details for 101 Rathbone Rd

Year built

1961

Lot size

0.09 AC

Property size (Sq ft)

3,216 SF

Property type

Office properties

Property subtype

Office buildings

APN

240016573000

APU

240016573000

Description

This exceptional commercial property, located at 101 Rathbone Road in Marietta, Ohio, boasts high visibility from State Route 60/Muskingum Drive. Completely remodeled in 2019, this 5,335 square foot building offers five finished office spaces, a conference room, a lunchroom, a spacious lobby, and two ADA-compliant bathrooms, one including a shower. A newer rubber-coated roof ensures long-term durability. Convenient attic storage is accessible via pull-down steps. The property includes a loading dock for efficient delivery and pickup, along with ample off-street parking for 22 vehicles. Two HVAC systems provide climate control—one for the office areas and one for the warehouse space. This versatile space is ideal for a variety of uses, including specialty retail, light manufacturing/production/assembly, or small-scale warehousing and distribution. While zoned R1, the property is currently taxed as C4 and grandfathered in as a commercial property. Current tenants will vacate by the end of September, at which time updated interior photos will be available. A security system is in place. A 24-hour notice is required for all showings. The owner is open to considering owner financing or an installment sale. The property sits on a 0.79-acre lot.

• CAP approach

  CAP return

  Valuation

  6%

  $580,813

  6.5%

  $536,135

  7%

  $497,840

• Comparable approach

  Method

  Valuation

  Relative Method

  $300,825

  Geo Method

  $300,825

• Alternative Use

  Use

  Valuation

  Residential

  $664,808

  Hospitality

  $608,960

  Educational

  $506,648

  Medical

  $524,072

  Retail

  $788,119

Location Insight

City

Marietta

County

Washington

State

Ohio

Latitude

39.437

Longitude

-81.4627

CBSA code

31930

CBSA name

MARIETTA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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