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    45 Depot St Marion, NC 28752

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    45 Depot St Marion, NC 28752


    • Showrooms
    • 22,620 SF
    • 0.19 lot acres
    Historical Downtown Marion Mixed-Use Building For Sale
    $699,000
    19,150 SF

    Historical Downtown Marion Mixed-Use Building

    Three-story brick building in Marion's renovated Depot area.

    45 Depot St, Marion, NC 28752
    View Listing
    Property ID
    US53-2651240
    The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

    Value Estimations
    Cap Rate Potential
    Location Intelligence

    Current Use by Public Records

    • Marion Train Depot / Hotel & Motel / Resort

    Property Details for 45 Depot St

    Year built
    1898
    Construction
    MASONRY/CONCRETE MASONRY UNITS (CMUS)
    Lot size
    0.19 lot acres
    Property size
    22,620 SF
    Property type
    Showrooms
    APN
    1701-11-66-0570
    APU
    170111660570

    Description

    This exceptional 3-story brick building, situated on a 0.22-acre lot at 45 Depot Street in Marion, NC, presents a unique investment opportunity in the revitalized downtown area. Formerly home to the Fiesty Goldfish, this property boasts significant recent renovations to the main level, including the installation of new steel structural beams, a complete electrical upgrade, a new membrane and shingle roof, replacement windows, and refinished original hardwood flooring. The building's functionality is further enhanced by a freight elevator, a crucial asset for efficient operations, and a comprehensive wet sprinkler system installed throughout all three levels, ensuring safety and peace of mind. While the upper two levels remain unfinished, they retain their original hardwood flooring and offer considerable potential for future development and customization. The building's location within the newly renovated Depot area of downtown Marion places it at the heart of a thriving community, providing excellent visibility and accessibility. This property is priced at $799,000 and represents a rare chance to acquire a piece of Marion's rich history and contribute to its continued growth. The substantial renovations already completed provide a solid foundation for a variety of commercial uses, making this an attractive proposition for discerning investors seeking a high-return opportunity in a desirable location. The unfinished upper floors offer significant flexibility for expansion or adaptive reuse, allowing for the creation of unique and valuable spaces tailored to specific business needs.


    Value Estimations

    based on Realmo’s proprietary methodology
    • Comparable approach

      Method
      Estimation
      Statistic Estimate
      $938,000
      Market price range: $939k - $3.43M
      AI Estimate
      $1,125,000
      Market price range: $1.13M - $3.66M

    Get a detailed, property-specific estimation — fast and free


    Location Insight

    • Map
    • Local Demand
    City
    Marion
    County
    Mcdowell
    State
    North Carolina
    Longitude
    -82.0104
    Latitude
    35.6816
    CBSA code
    32000
    CBSA name
    MARION, NC MICROPOLITAN STATISTICAL AREA

    Property Tax & Assessments

    Tax date
    Tax Amount
    Assessed Land Value
    Assessed Improvement Value
    Total Assessed Value
    Applied Tax Rate
    Land Market Value
    Improvement Market Value
    Total Market Value
    2023
    $1,581
    $65,000
    $199,460
    $264,460
    -
    $65,000
    $199,460
    $264,460
    View Listing
    More about this property
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