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518 Jackson St
Saint Marys, OH 45885
Office Property For Sale


Investment Highlights
- Historic commercial building featuring original woodwork and multiple fireplaces.
- C1 zoning supports a variety of commercial use possibilities.
- Parking area includes multiple access points for circulation.
- Large covered wraparound porch with front and rear stair access.
- Corner location near State Route 703 with convenient regional access.
- Established local landmark known as “The Castle.”
Executive Summary
518 Jackson Street presents an opportunity to acquire a historic commercial property known locally as “The Castle” in St. Marys, Ohio. Situated on approximately 0.95 acres at the corner of Jackson Street near State Route 703, the property combines distinctive architectural character with flexibility for a variety of commercial or investment-oriented uses. Original woodwork, multiple fireplaces, front and rear stairways, and a large wraparound porch create a memorable presence that can support office, retail, service-oriented, or adaptive reuse concepts.
The property's C1 zoning and established commercial setting provide flexibility for owner-users and investors seeking a unique asset with redevelopment or income-producing potential. Multiple access points to the parking area support customer and employee circulation, while the building's visibility and prominent corner location contribute to its functionality for business operations. The large site size is an uncommon offering within the local market and may provide additional opportunities for future planning and utilization.
St. Marys benefits from regional connectivity through State Route 703 and proximity to the broader Auglaize County market. The property's location provides access to local businesses, residential neighborhoods, and community amenities, supporting a range of commercial applications. With its historic character, substantial building area, and adaptable layout, 518 Jackson Street offers buyers the opportunity to reposition, occupy, or further develop a recognizable commercial property within the community.
The property's C1 zoning and established commercial setting provide flexibility for owner-users and investors seeking a unique asset with redevelopment or income-producing potential. Multiple access points to the parking area support customer and employee circulation, while the building's visibility and prominent corner location contribute to its functionality for business operations. The large site size is an uncommon offering within the local market and may provide additional opportunities for future planning and utilization.
St. Marys benefits from regional connectivity through State Route 703 and proximity to the broader Auglaize County market. The property's location provides access to local businesses, residential neighborhoods, and community amenities, supporting a range of commercial applications. With its historic character, substantial building area, and adaptable layout, 518 Jackson Street offers buyers the opportunity to reposition, occupy, or further develop a recognizable commercial property within the community.
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
7,730 SF
Building Class
C
Year Built
1900
Price
$249,900
Price Per SF
$32.33
Tenancy
Single
Building Height
3 Stories
Typical Floor Size
2,577 SF
Building FAR
0.18
Lot Size
1.00 AC
Zoning
C4 Neighborhood Commerc - C4 Neighborhood Commercial District --Retail, business and service establishments, eating and drinking places
Parking
18 Spaces (2.33 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | K32-045-023-00 | Improvements Assessment | $51,620 |
| Land Assessment | $14,480 | Total Assessment | $66,100 |
Property Taxes
Parcel Number
K32-045-023-00
Land Assessment
$14,480
Improvements Assessment
$51,620
Total Assessment
$66,100
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