323 Pike St Marietta, OH 45750-3324

Property Details for 323 Pike St

Year built

1951

Property size

1,932 SF

Property type

Commercial real estate

APN

240000568000

APU

240000568000

Description

This exceptional mixed-use property at 323 Pike Street in Marietta, Ohio, presents a lucrative investment opportunity. Situated on a 0.05-acre corner lot, this 1,932 square foot building boasts high visibility on busy Pike Street. The property includes a spacious lobby area featuring floor-to-ceiling windows, maximizing natural light and street presence. The building comprises five separate rooms, each equipped with a sink, and one shared bathroom. A significant advantage is the inclusion of a separate apartment, currently rented long-term for $750 per month, inclusive of utilities. This unit features one bedroom, a full bathroom, and laundry hook-ups, along with a private yard. The main business area generates a monthly rental income of $1200, also inclusive of utilities. A separate storage building is also included on the property. For full-price offers, the seller will install a new metal roof, although no current leaks are present. The existing heat pump is less than five years old, ensuring efficient and cost-effective climate control. Ample parking is available on the property's dedicated parking lot. This property offers significant potential for growth and increased rental income, making it an ideal investment for discerning buyers seeking a strong return on investment in a desirable Marietta location.