265 S State St Marion, OH 43302
For Sale
This stunning 3,484 square foot special purpose property, located at 265 S State Street in Marion, Ohio, presents a rare opportunity. Built in 1910, this historic estate boasts a rich history, having served as a residence, store, tea room, and dental office. The property features exquisite architectural details including gorgeous wood detailing, wood flooring, lead glass, and stained glass windows. A grand foyer and impressive staircases create a captivating entrance. The main floor includes a newer HVAC system. The property also includes a finished attic with baseboard heat, adding considerable usable space. Four bedrooms and four bathrooms (two full, two half) provide ample living space. Additional features include a garage and an enclosed backyard. Recent improvements include fresh paint (2024) and a new roof (2024). Situated on an 8,712 square foot lot, this property offers endless possibilities for adaptive reuse, priced at $74.63 per square foot. The property's unique character and substantial size make it an exceptional investment opportunity. The zip code is 43302.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.