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1565 Marion-Waldo Rd

3,500 SF Retail Building Marion, OH 43302 $499,900 ($143/SF)

Investment Highlights

  • Well Established
  • Well Maintained
  • High Traffic Area

Financial Summary (Actual - 2022)

Annual Annual Per SF
Taxes $5,563 $1.59
Operating Expenses - -
Total Expenses $5,563 $1.59

Financial Summary (Actual - 2022)

Taxes
Annual $5,563
Annual Per SF $1.59
Operating Expenses
Annual -
Annual Per SF -
Total Expenses
Annual $5,563
Annual Per SF $1.59

Property Facts

Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,500 SF
Building Class
C
Year Built
1973
Price
$499,900
Price Per SF
$143
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
Restaurant - 436 - FAM RESTAURANT/DINING RM/CAFE
Parking
50 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
152 FT on Marion Waldo Road

Amenities

  • 24 Hour Access
  • Corner Lot
  • Restaurant
  • Security System
  • Signage
  • Air Conditioning

About 1565 Marion-Waldo Rd , Marion, OH 43302

Another incredible property proudly marketed by DeLena Ciamacco! THE MARION DINER IS FOR SALE! Established Restaurant/Diner located on a very busy, high traffic road close to many businesses, shopping centers and industry. 1+ acre lot currently has ~50 parking spaces. Turn-key restaurant owned and run by the same family for 20 years. Impeccably maintained! Seating for ~180 includes 1 Banquet Area, 2 main Dining Areas and Bar seating. ~ $100K Interior remodel in 2016. Walk-up Basement (perfect for storage and deliveries). Drive through window at rear. Could be almost anything (with proper zoning) offices, church, medical, bank, car lot/automotive, fast food, etc…Over 3,800 SF. Pleasant Local schools. Only $499,900! Call DeLena today! Visit www.delena.com for additional details!

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • Marion Diner
  • Retailer
  • -
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
Marion Diner Retailer - - -

Nearby Major Retailers

Kroger
Starbucks
Park National Bank
Ymca
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-0100011.600
Land Assessment
$10,500 (2023)
Improvements Assessment
$78,980 (2023)
Total Assessment
$89,480 (2023)
Annual Taxes
$5,563 ($1.59/SF)
Tax Year
2022
  • Listing ID: 22745621

  • Date on Market: 8/19/2020

  • Last Updated:

  • Address: 1565 Marion-Waldo Rd, Marion, OH 43302

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