224 Prospect StMarion, OH 43302

Property Details for 224 Prospect St

Year built

1957

Construction

FRAME

Lot size

0.32 AC

Property type

Industrial properties

Property subtype

Other warehouses

APN

12-202000.0100

APU

122020000100

Description

This exceptional mixed-use property, located at 224 N Prospect Street in Marion, Ohio, presents a unique investment opportunity. Spanning 0.56 acres, the combined buildings at 216 and 224 N Prospect Street offer a substantial 15,953 square feet of space, including approximately 16,000 square feet above ground and an additional 8,390 square feet of basement area. The property boasts recently completed renovations to the office space (2023), providing modern and efficient work environments. Seven overhead doors ensure convenient and ample loading and unloading capabilities, ideal for various commercial uses. The building's infrastructure is well-maintained, featuring newer roofs, recently installed soffits and gutters, and a dry basement equipped with two commercial sump pumps and two thermostatically controlled commercial dehumidifiers. Energy-efficient LED lighting is installed throughout the entire building. This property's combination of renovated office space and substantial warehouse area, coupled with its updated systems and convenient location in downtown Marion, makes it an attractive option for a wide range of businesses. The asking price is $299,000.

• Alternative Use

  Use

  Valuation

  Residential

  $2,386,665

  Hospitality

  $2,186,172

  Educational

  $1,818,870

  Medical

  $1,881,423

  Retail

  $2,829,353

Location Insight

City

Marion

County

Marion

State

Ohio

Latitude

40.5912

Longitude

-83.1301

CBSA code

32020

CBSA name

MARION, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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