118 Maple St Marietta, OH 45750-8008
- Retail space
- 3,125 SF
Current Use by Public Records
- Nailvana Spa Company / Nail Salon
- Classic Cuts Hair Salon / Barber Shop / Hair Salon
Property Details for 118 Maple St
- Property size
- 3,125 SF
- Property type
- Retail space
- APN
- 240008116000
- APU
- 240008116000
Description
This exceptional Marietta, OH property, located at 118 Maple Street in the desirable Harmar Village neighborhood, presents a lucrative investment opportunity. The 5,000 square foot building sits on a 0.09-acre lot and underwent a complete renovation in 2022-2023. The ground floor boasts two commercial spaces, currently occupied by a thriving nail salon and a local non-profit organization, Harvest of Hope, which provides vital food assistance to the community. This stable tenancy provides immediate and consistent income streams. The upper level features two income-generating residential apartments
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $220,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $235,000
- 6.5%
- $230,000
- 7%
- $230,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $220,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $200,000
- Retail
- $215,000
- Mixed-Use
- $195,000
- Hospitality
- $195,000
- Educational
- $260,000
- Residential Income
- $200,000
- Energy
- $230,000
- Income-Based Land
- $245,000
- Food Service
- $230,000
Location Insight
- Map
- Local Demand
- City
- Marietta
- County
- Washington
- State
- Ohio
- Longitude
- -81.459
- Latitude
- 39.4112
- CBSA code
- 31930
- CBSA name
- MARIETTA, OH MICROPOLITAN STATISTICAL AREA