Technical
Financial
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Property profile

1081 Mt Vernon Ave Marion, OH 43302

OFF-MARKET
Retail properties & Spaces
Property ID
US66-3055392
1.66 ac lot Built 1997
Entity Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 11,000-square-foot commercial property, formerly a Rite Aid, presents a unique opportunity for lease or sale. Situated on a 1.66-acre lot at 1081 Mount Vernon Avenue in Marion, Ohio (zip code 43302), this single-tenant space offers unparalleled visibility and accessibility. The building is located in the heart of Marion's bustling retail corridor, directly off Route 23, boasting impressive daily traffic counts exceeding 19,000 vehicles. Its strategic location places it amongst a strong roster of national retailers including Walmart, Lowe's, Kohl's, Kroger, TJ Maxx, Hobby Lobby, Meijer, and Menards, ensuring high foot traffic and brand recognition. The property is suitable for various uses, including retail, office, or restaurant establishments. The entire 11,000 square feet is currently vacant and available, offering flexibility for customization to meet specific business needs. The property's size is also divisible, allowing for potential multi-tenant occupancy. This prime location and versatile space make it an ideal investment for businesses seeking a prominent presence in a thriving retail market. Inquire today to learn more about this exceptional opportunity.

Property profile

Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1997
Construction CONCRETE BLOCKS
Lot 1.66 ac (72,397 SF)
APN 12-453000.0600
UPID US66-3055392

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Physician
  • Pharmacy
  • Pharmacy
  • Pharmacy
  • Crypto Atm Atm

Location

1081 Mt Vernon Ave Marion, OH 43302-5643
Marion metro Census 1000 MARION, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$290k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$290k

Owner & transaction history

since 2026
2 recorded transactions
2026
$1.5M
2019
$2.0M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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