1239 Mount Vernon AveMarion, OH 43302

Property Details for 1239 Mount Vernon Ave

Year built

1999

Construction

FRAME

Lot size

0.87 AC

Property type

Other commercial real estate

APN

16-012060.0400

APU

160120600400

Description

This exceptional commercial property, located at 1239 Mt. Vernon Ave in Marion, Ohio, presents a lucrative investment opportunity. The 2.1-acre lot features two, single-story buildings totaling 7,000 square feet of net rentable space, currently vacant. The property is zoned for commercial use and boasts a prime location on high-traffic Route 95, alongside established retailers such as Lowe's, Walmart, Kohl's, TJ Maxx, and numerous restaurants and banks. Its proximity to the Ohio State University branch and Marion Technical College ensures a consistent flow of potential customers. Built in 1999, the existing structures are suitable for automotive use, or could be razed for redevelopment, offering significant flexibility for the new owner. The asking price is $1,400,000, translating to $200 per square foot. The property includes two units, with 7,000 square feet of air rights, and the APN is 160-120600400. This owner-user investment presents a rare chance to acquire a substantial retail property in a thriving Ohio market. The property's strategic location and versatile nature make it ideal for a variety of commercial ventures. This is a for-sale-by-owner opportunity. Don't miss this chance to secure a high-potential investment in a bustling commercial area.

• Alternative Use

  Use

  Valuation

  Residential

  $7,271,200

  Hospitality

  $6,660,380

  Educational

  $5,541,358

  Medical

  $5,731,934

  Retail

  $8,619,890

Location Insight

City

Marion

County

Marion

State

Ohio

Latitude

40.5805

Longitude

-83.0963

CBSA code

32020

CBSA name

MARION, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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