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Property profile & analytics
FOR SALE
Retail space

111 W 7Th St Marysville, OH 43040

1,620 SF 0.06 ac lot Built 1930
Entity Owned 3-yr Hold ~ Est. High Equity
Property ID
US66-0122137
Property summary
AI-generated overview

This exceptional 1,620 square foot commercial property, located at 111 W 7th Street in Marysville, Ohio, presents a unique investment opportunity. Built in 1930 and situated on a 2,613.6 square foot lot, this special purpose building boasts a prime downtown location. Its strategic placement directly across from a new city parking lot, and adjacent to Partner's Park, the Library, and a splash pad, ensures high visibility and convenient access for customers. The asking price is $165,000, translating to $101.85 per square foot. The property features a recently updated roof, furnace, electrical panel, windows, and concrete slab, minimizing immediate maintenance needs. The interior is ready for build-out to suit a variety of commercial uses, allowing for customization to perfectly match your business requirements. This is an excellent chance to establish a presence in a thriving uptown community known for its vibrant events and strong local support. The single-unit building offers 1,620 square feet of net rentable space, providing ample room for operations. This location offers unparalleled visibility and accessibility, making it an ideal investment for a discerning buyer seeking a high-impact commercial space in a desirable Ohio location. The property's zip code is 43040, and it is located in Union County.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1930
Total area 1,620 SF
Lot 0.06 ac (2,605 SF)
APN 29-0007185.0000
UPID US66-0122137
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
The Advance Legacy Group LLC · 3 yrs held
The Advance Legacy Group LLC
since 2023
Last sale
$160,000
4 recorded transactions
2023
$160,000
2022
Price N/A
2021
$60,000
2021
$50,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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