265 State StMarion, OH 43302

  • Other commercial real estate
  • 3,484 SF
For Sale
$260,000 View listing

Property Details for 265 State St

Year built
1910
Construction
FRAME
Lot size
0.20 AC
Property size (Sq ft)
3,484 SF
Property type
Other commercial real estate
APN
12-402000.2700
APU
124020002700

Description

This stunning 3,484 square foot special purpose property, located at 265 S State Street in Marion, Ohio, presents a rare opportunity. Built in 1910, this historic estate boasts a rich history, having served as a residence, store, tea room, and dental office. The property features exquisite architectural details including gorgeous wood detailing, wood flooring, lead glass, and stained glass windows. A grand foyer and impressive staircases create a captivating entrance. The main floor includes a newer HVAC system. The property also includes a finished attic with baseboard heat, adding considerable usable space. Four bedrooms and four bathrooms (two full, two half) provide ample living space. Additional features include a garage and an enclosed backyard. Recent improvements include fresh paint (2024) and a new roof (2024). Situated on an 8,712 square foot lot, this property offers endless possibilities for adaptive reuse, priced at $74.63 per square foot. The property's unique character and substantial size make it an exceptional investment opportunity. The zip code is 43302.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $589,693
    Hospitality
    $540,156
    Educational
    $449,403
    Medical
    $464,859
    Retail
    $699,072
265 State St, Marion, Ohio

Location Insight

City
Marion
County
Marion
State
Ohio
Latitude
40.5853
Longitude
-83.1275
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
$2,569
$5,950
$49,500
$55,450
-
$17,000
$141,430
$158,430

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