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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

332 Main St Marion, OH 43302-5006

2.31 ac lot Built 2006
Entity Owned 1-yr Hold Free & Clear
Property ID
US66-2845797
Property summary
AI-generated overview

This exceptional 14,564-square-foot freestanding retail building, formerly a Rite Aid, presents a unique investment opportunity in Marion, Ohio. Located at 332 S Main St, 43302, this single-tenant property enjoys a highly visible corner location at the southeast intersection of S Main Street and Columbia Street, just south of the downtown area. Its strategic position benefits from proximity to Marion County agencies located just north of the site, ensuring consistent traffic flow. The property features three convenient access points, providing easy ingress and egress from two signalized intersections, maximizing accessibility for customers and employees. High visibility is guaranteed with two prominent, freestanding pylon signs, ensuring this property is easily identifiable to drivers throughout downtown Marion. The entire building is currently vacant, offering a blank canvas for a wide range of retail uses. The property's size and location make it ideal for a variety of businesses seeking a high-traffic, easily accessible location in a thriving county seat. This is a rare opportunity to acquire a substantial retail space in a desirable location with excellent visibility and accessibility. The property is situated in Marion County, Ohio, offering a strong foundation for business growth and success. The building's previous use as a pharmacy and dollar store suggests its suitability for similar retail ventures.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 2006
Construction BRICK
Lot 2.31 ac (100,624 SF)
APN 12-403000.0500
UPID US66-2845797
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • higi Physician
  • Kevin J. Mitchell, RPH Pharmacy
  • Max A. Nygaard, RPh Pharmacy
  • Sarah E. Massie, MSW Pharmacy
  • Rite Aid Pharmacy Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
City Of Marion · 1 yrs held
City Of Marion
since 2025
4 recorded transactions
2025
Price N/A
2013
Price N/A
2006
$1.1M
2004
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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