For Sale
$50,000

7 Main St Marengo, OH 43334

3,630 SF Retail Space - $50,000

Overview

Added:
Dec 11, 2024
Days on market:
136
This unique commercial property, located at 7 E Main Street in Marengo, Ohio, presents a rare business opportunity. The building, formerly the Sparta General Store, boasts 3,630 square feet of retail space and storage, situated on a 3,484.8 square foot lot. The asking price is $50,000, translating to $13.77 per square foot. It's being sold "AS IS, WHERE IS." Potential buyers should be aware that a lawsuit has been filed against the owner for back taxes and unpaid utility bills. Additionally, underground gas tanks require remediation to meet oil/gas regulations. The seller is currently working to address these compliance issues. This property offers significant potential for redevelopment or repurposing, but requires due diligence regarding the existing legal and environmental concerns. Please review all attached documentation for complete details. Note that an additional 0.59-acre parcel is available for separate purchase. The property's address is 7 E Main Street, Marengo, OH 43334.

Highlights

  • 3,630 SF retail/storage space in Marengo, OH.
  • Situated on a 3,484.8 SF lot.
  • Asking price: $50,000 ($13.77/SF).
  • Sold AS IS, WHERE IS; requires buyer due diligence regarding back taxes, unpaid utilities, and underground tank remediation.
  • Adjacent 0.59-acre parcel available separately.

Property Details for 7 Main St

Property type
Specialty properties
Square Feet
3,630 SF

Location Insight

City
Marengo
County
Morrow
State
Ohio
Latitude
40.3903355
Longitude
-82.7994194

FAQs

What type of property is this?
Specialty property - 3,630 SF Retail Space - $50,000
Where is the specialty property located?
The property is located at 7 Main St Marengo, OH.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 3,630 SF retail/storage space in Marengo, OH.; Situated on a 3,484.8 SF lot.; Asking price: $50,000 ($13.77/SF).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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7 Main St
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