1561-1683 Marion-Mt. Gilead Rd | Marion, OH 43302
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This Retail Property is no longer advertised on LoopNet.com.
1561-1683 Marion-Mt. Gilead Rd
Marion, OH 43302
Retail Property For Sale

INVESTMENT HIGHLIGHTS
- 90% occupied with lease up potential
- Excellent access to surrounding metro areas via U.S. 23
- Cash-on-cash return of 11.58%
- Below market rent in place for numerous tenants including Big Lots and Panera
- Adjacent to The Ohio State University at Marion and Marion Technical College, with a combined student enrollment of 4,200
- State Route 95 | 30,000+ VPD
PROPERTY FACTS
Property Type
Retail
Building Size
151,987 SF
Building Class
C
Year Built/Renovated
1976/2005
Tenancy
Multiple
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.40
Lot Size
8.81 AC
Zoning
B-2 - General Business District
Parking
180 Spaces (1.18 Spaces per 1,000 SF Leased)
Frontage
- 673’ on Marion-Mt. Gilead Rd
- 562’ on Marion Mount Gilead Rd
- 294’ on Marion-Mt Gilead Road
AMENITIES
- Bus Line
- Pylon Sign
- Signage
ABOUT 1561-1683 MARION-MT. GILEAD RD , MARION, OH 43302
The subject property is a 161,573 square foot power center located on the south side of Marion-Mt. Gilead Rd., just west of the intersection with State Route 23. Marion-Mt. Gilead Rd. (State Route 95) is the main retail corridor servicing Marion, Ohio.
PROPERTY TAXES
| Parcel Numbers |
Multiple
|
Improvements Assessment | $1,818,730 |
| Land Assessment | $478,740 | Total Assessment | $2,297,470 |
PROPERTY TAXES
Parcel Numbers
Multiple
- 20-0110009.502
- 20-0110009.703
- 20-0110009.702
- 20-0110009.707
Land Assessment
$478,740
Improvements Assessment
$1,818,730
Total Assessment
$2,297,470
Listing ID: 17524746
Date on Market: 10/22/2019
Last Updated:
Address: 1561-1683 Marion-Mt. Gilead Rd, Marion, OH 43302
The Retail Property at 1561-1683 Marion-Mt. Gilead Rd, Marion, OH 43302 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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