1561-1683 Marion-Mt. Gilead Rd | Marion, OH 43302
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1561-1683 Marion-Mt. Gilead Rd
Marion, OH 43302
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 91% occupied with lease-up potential
- Excellent access to surrounding metro areas via U.S. 23
- State Route 95 | 30,000+ VPD
- 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
- Cash-on-cash return of 11.96%
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
AMENITIES
- Bus Line
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,818,730 | |
| Land Assessment | $478,740 | Total Assessment | $2,297,470 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$478,740
Improvements Assessment
$1,818,730
Total Assessment
$2,297,470
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