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1565 Marion-Waldo Rd 3,500 SF Retail Building Marion, OH 43302 $662,922 CAD ($189.41 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Well Established
  • Well Maintained
  • High Traffic Area

EXECUTIVE SUMMARY

Previously used as a diner. This Brick Exterior building includes a drive through window, about 40-50 Parking Spaces with a Rubber Roof installed in 2011 and shingles installed in 2016. The interior was remodeled in 2016. Access to city water, sewer and natural s. Includes 3 HVAC units, a furnace (2018) and security cameras

FINANCIAL SUMMARY (ACTUAL - 2022)

ANNUAL (CAD) ANNUAL PER SF (CAD)
Taxes $7,766 $2.22
Operating Expenses - -
Total Expenses $7,766 $2.22

FINANCIAL SUMMARY (ACTUAL - 2022)

Taxes (CAD)
Annual $7,766
Annual Per SF $2.22
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $7,766
Annual Per SF $2.22

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
$662,922 CAD
Price Per SF
$189.41 CAD
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 (14.29 Spaces per 1,000 SF Leased)
Frontage
152’ 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 $474,900! 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

Starbucks
Kroger
Park National Bank
The YMCA
CrossFit

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
18-0100011.600
Land Assessment
$14,681 CAD (2024)
Improvements Assessment
$110,430 CAD (2024)
Total Assessment
$125,111 CAD (2024)
Annual Taxes
$7,766 CAD ($2.22 CAD/SF)
Tax Year
2022
  • Listing ID: 22745621

  • Date on Market: 2020-08-19

  • Last Updated:

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

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