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    114 W Church St Marion, OH 43302
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    Property profile & analytics

    114 W Church St, Marion, OH 43302

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    • Office buildings
    • 0.25 lot acres
    Downtown Marion Commercial Opportunity For Sale
    $349,900
    1,666 SF

    Downtown Marion Commercial Opportunity

    Prime location in downtown Marion near reimagined Main Street.

    114 W Church Street, Marion, OH 43302
    View Listing
    Property ID
    US66-5339412
    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.

    Value Estimations
    Cap Rate Potential
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    • Office buildings

    Property Details for 114 W Church St

    Year built
    1998
    Construction
    BRICK
    Lot size
    0.25 lot acres
    Property type
    Office buildings
    APN
    12-301000.1100
    APU
    123010001100

    Description

    This exceptional mixed-use property at 114 W Church Street, situated in the heart of Marion, Ohio's revitalized downtown, presents a unique investment opportunity. Boasting 1,666 square feet on a 0.25-acre lot, this building benefits from its highly visible corner location at Main Street and Church Street, placing it directly within the "Main Street Reimagined" project. The property is surrounded by a thriving mix of established and new businesses, enjoying proximity to Busby Park and the upcoming Lydia project. Its central location offers unparalleled access to downtown amenities, including restaurants, shops, banks, and entertainment venues. The convenience extends to the popular "Third Thursday" downtown events, happening right outside the building's doorstep. Addressing potential parking concerns, a substantial 7,900 square foot parking lot, currently leased for events such as the Popcorn Festival, provides additional income potential. Recent upgrades include a new gas furnace (2022) and new air conditioning (2021), ensuring efficient and comfortable operation. This property's prime location, coupled with its income-generating potential and recent improvements, makes it an ideal investment for a discerning buyer seeking a thriving downtown presence. The numerous possibilities for this versatile space make it a truly exceptional opportunity. The asking price is $349,900.


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    Location Insight

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    • Local Demand
    City
    Marion
    County
    Marion
    State
    Ohio
    Longitude
    -83.1292
    Latitude
    40.5874
    CBSA code
    32020
    CBSA name
    MARION, OH 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
    $1,848
    $11,180
    $28,690
    $39,870
    -
    $31,940
    $81,970
    $113,910
    View Listing
    More about this property
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