721 Ctr St Marion, OH 43302-3561
This exceptional mixed-use property, located at 721 Center Street in the heart of Marion, Ohio, presents a unique investment opportunity. The building boasts a substantial 3,470 square feet of space, offering significant potential for a variety of commercial ventures. Its central location provides excellent visibility and accessibility, ensuring high foot traffic and convenient access for customers and employees. The property is situated on a lot with no acreage, making it ideal for a business that doesn't require extensive outdoor space. The asking price of $175,000 represents a compelling value for a property of this size and location in Marion. This is an excellent chance to acquire a versatile commercial space in a thriving downtown area. The building's mixed-use designation allows for flexibility in its utilization, potentially accommodating retail, office, or a combination of uses. Serious inquiries are encouraged to explore the possibilities this property offers. The property is ready for immediate occupancy, allowing for a swift start to your business operations. Don't miss this opportunity to establish your presence in a vibrant and growing community. Further details and scheduling of viewings are available upon request. This property is being sold as-is.
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.