Property profile

721 W Center St Marion, OH 43302

FOR SALE
Manufacturing properties
Property ID
US66-2969017
3,470 SF 0.39 ac lot Built 2015
Entity Owned Free & Clear
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Property summary

AI-generated overview

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.

Property profile

Verified
Property type Manufacturing properties
Use group FOOD PROCESSING
Year built 2015
Construction BRICK
Total area 3,470 SF
Lot 0.39 ac (16,968 SF)
APN 12-323000.0300
UPID US66-2969017

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

721 W Center St Marion, OH 43302
Marion metro Census 300 MARION, OH MICROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request

Owner & transaction history

since 2026
Last sale
$62,000
3 recorded transactions
2026
$62,000
2009
$25,000
2005
$30,000

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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