1509 Marion-Waldo Rd - Freestanding FOR SALE


Marion, OH 43302
$4,000,000 USD
513-325-8682
1509 Marion-Waldo Rd, Marion, OH for Sale
$4,000,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

1509 Marion-Waldo Rd
Marion, OH 43302


HIGHLIGHTS

  • 17% Occupied Regional Mall | 415,274-SF on a +/-35.9 Acre Lot | Mix of National and Local Tenants Including Dollar Tree & 7 Screen Movie Theater
  • Development Opportunity With Four Additional Out-Parcels | High Visibility With Multiple Points of Ingress and Egress Near a Signalized Intersection
  • B-2 Community Business District Zoning Allows for a Wide Range of Planned Development Shopping Centers, General Retail, Grocery, Motel, Office, & More
  • Former Sears Anchor Box Sold in 2021 and Repositioned as Marion Self Storage – 80% Occupied Today
  • Near Multiple National Tenants Such as McDonald’s, Kroger, Tractor Supply, Walgreens, Wendy’s, Taco Bell, Verizon, Speedway, Family Dollar and More
  • 1 Mile From OhioHealth Marion General Hospital( 250 Bed Hospital Serving the Marion Area) & 1 Mile From OhioHealth Marion Outpatient Medical Campus

OVERVIEW

415,274-SF Regional Mall | +/-35.9 Acre Lot | Development Opportunity With Four Additional Out-Parcels

FOR SALE DETAILS

PRICE

$4,000,000 USD

PRICE/SF

$10 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Marion Centre Redevelopment

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1969

SPRINKLERS

-

PARKING SPACES

3062

LAND DETAILS

CROSS STREETS

SWC State Rte 423 (Marion-Waldo Rd)

LAND ACRES

35.9 AC

LAND SF

1,563,804 SF

ZONING

Commercial

APN/PARCEL ID

18-0100011.800

ASK ABOUT THIS PROPERTY

Darpan PatelMarcus & MillichapMore Info
513-325-8682

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Darpan PatelMarcus & MillichapMore Info
513-325-8682

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.