1207 Mt Vernon Ave

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1207 Mt Vernon Ave

marion, OH 43302
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

1207 Mt Vernon Avenue is situated in a high-traffic commercial corridor in Marion, Ohio. The property is located within a densely developed neighborhood characterized by a mix of residential housing and established business centers. Nearby amenities include national grocery chains, fast-food restaurants, and local service providers, ensuring consistent consumer activity in the immediate area. The site offers straightforward transportation access via Mt Vernon Avenue, a primary local artery that connects directly to the downtown district and provides efficient links to US Route 23. The asset’s layout and prominent street frontage make it suitable for a variety of general retail or service-oriented use cases. Ideal tenant profiles include boutique retailers, specialty shops, or professional service firms such as insurance agencies and medical clinics that require high visibility. With its position in a stable commercial hub, the property is well-positioned for businesses seeking to capture local foot traffic and commuter interest. The location supports both regional franchises and local independent operators looking for a functional space in a developed retail environment.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

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