1565 Marion-Waldo RdMarion, OH 43302

Property Details for 1565 Marion-Waldo Rd

Year built

1973

Lot size

1.00 AC

Property size (Sq ft)

3,840 SF

Property type

Retail properties

Property subtype

Other retail properties

Description

This turnkey restaurant, located at 1565 Marion-Waldo Rd, Marion, OH 43302, presents a unique investment opportunity. The 3,840 square foot building sits on a one-acre lot with ample parking (50 spaces). Built in 1973 and extensively renovated in 2016 (approximately $100,000 in interior improvements), the property boasts a spacious layout including seating for approximately 180 guests across two main dining areas, a banquet area, and bar seating. A walk-up basement provides convenient storage and delivery access. A rear drive-through window adds operational flexibility. The property's zoning allows for diverse uses beyond a restaurant, potentially including offices, a church, medical facility, bank, car lot, or fast food establishment. The net rentable square footage is 3,484 square feet, with an asking price of $524,900 ($157.84 per square foot). This well-maintained property has been owned and operated by the same family for two decades, situated on a busy road near numerous businesses, shopping centers, and industrial areas. The property is vacant and ready for immediate occupancy. The property's APN is 18-0100011.600.

Location Insight

City

Marion

County

Marion

State

Ohio

Latitude

40.5595

Longitude

-83.1189

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