323 Pike StMarietta, OH 45750

For Sale
$230,000 View listing
  • Commercial real estate
  • 1,932 SF

Property Details for 323 Pike St

Year built
1951
Property size (Sq ft)
1,932 SF
Property type
Commercial real estate
APN
240000568000
APU
240000568000

Description

This exceptional mixed-use property at 323 Pike Street in Marietta, Ohio, presents a lucrative investment opportunity. Situated on a 0.05-acre corner lot, this 1,932 square foot building boasts high visibility on busy Pike Street. The property includes a spacious lobby area featuring floor-to-ceiling windows, maximizing natural light and street presence. The building comprises five separate rooms, each equipped with a sink, and one shared bathroom. A significant advantage is the inclusion of a separate apartment, currently rented long-term for $750 per month, inclusive of utilities. This unit features one bedroom, a full bathroom, and laundry hook-ups, along with a private yard. The main business area generates a monthly rental income of $1200, also inclusive of utilities. A separate storage building is also included on the property. For full-price offers, the seller will install a new metal roof, although no current leaks are present. The existing heat pump is less than five years old, ensuring efficient and cost-effective climate control. Ample parking is available on the property's dedicated parking lot. This property offers significant potential for growth and increased rental income, making it an ideal investment for discerning buyers seeking a strong return on investment in a desirable Marietta location.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $399,373
    Hospitality
    $365,824
    Educational
    $304,361
    Medical
    $314,829
    Retail
    $473,451
323 Pike St, Marietta, Ohio

Location Insight

City
Marietta
County
Washington
State
Ohio
Latitude
39.4119
Longitude
-81.4356
CBSA code
31930
CBSA name
MARIETTA, 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
2022
$932
$5,120
$15,930
$21,050
-
$14,630
$45,500
$60,130

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].