311 Rose AveMarion, OH 43302

  • Land
  • 5.67 AC
For Sale
$1,400,000 View listing

Property Details for 311 Rose Ave

Construction
BRICK
Lot size
5.67 AC
Property type
Land
Property subtype
Other industrial land
APN
12-215000.5600
APU
122150005600

Description

Exceptional investment opportunity in Marion, Ohio, presents a 17,935 square foot warehouse situated on a sprawling 9.7-acre lot (424,274.4 sq ft). Built in 1905, this special-purpose property is currently thriving as a seasonal haunted house attraction, complete with all business assets, inventory, trade name, and established marketing materials included in the sale price of $1,400,000 ($78.06/sq ft). This turnkey operation offers immediate revenue potential, attracting a loyal customer base. The expansive lot provides significant future development possibilities, allowing for diverse uses beyond the existing haunted house. The property's location on the edge of Marion offers convenient access to transportation and amenities. This unique offering presents a rare chance to acquire a well-established business with substantial growth potential and ample land for future expansion. The entire net rentable area of 17,935 square feet is included in the sale. Don't miss this chance to own a piece of Marion's vibrant business community.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $41,770,832
    Hospitality
    $38,261,856
    Educational
    $31,833,416
    Medical
    $32,928,216
    Retail
    $49,518,648
311 Rose Ave, Marion, Ohio

Location Insight

City
Marion
County
Marion
State
Ohio
Latitude
40.5913
Longitude
-83.1398
CBSA code
32020
CBSA name
MARION, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$947
$20,320
-
$20,320
-
$58,060
-
$58,060

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