Property summary
This exceptional 140,000-square-foot industrial complex, situated on 10.4 acres in Marion's North Central Ohio submarket, offers unparalleled flexibility. Eight buildings, six interconnected by wide corridors, provide space ranging from 2,000 to 36,000 contiguous square feet, with a maximum of 134,000 square feet available. The property boasts a Class A rating, 30-foot ceilings, 14 loading docks (10 dock-high doors), 13 drive-ins, and 100 parking spaces. Built in 1942 and extensively renovated in 2002, the complex features heavy power (3500 amps, 3-phase, 480v), high-pressure natural gas, and ample water supply (well & municipal). Recent improvements include fiber-optic internet, roof repairs, truck dock upgrades, stormwater drainage improvements, expanded parking, LED lighting upgrades, natural gas line expansion, radiant heat additions, and landscaping enhancements. The property's strategic location provides easy access to major transportation routes and key markets, including Columbus, Detroit, and Chicago. Zoned industrial, this versatile space is ideal for a wide range of uses, including agricultural, contracting, distribution, fulfillment, inventory management, logistics, manufacturing, R&D, storage, and warehousing. Lease rates include property expenses and common area maintenance (CAM); utilities are separately metered. The on-site CAM is managed by a tenant. 900 feet of frontage on Likens Road, with cross access on Pole Lane Road.
Property profile
VerifiedCap rate & NOI
Current use
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Industrial Manufacturer Production Facility
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Warehouse & Storage
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Garden Center
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Landscaping General Contractor
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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