143 W Center St

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143 W Center St

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

What's Special

143 West Center Street is situated in the central business district of Marion, Ohio. This location is characterized by a mix of historic architecture and local government offices, including the nearby Marion County Courthouse. The property is positioned within a walkable downtown corridor featuring a variety of local restaurants, professional services, and small-scale boutiques. Accessibility is provided via State Route 309 and State Route 4, which connect the neighborhood to the broader regional highway network. Public parking options are available in the immediate vicinity to support local traffic. The building is suited for small-scale retail operations, specialty boutiques, or service-oriented businesses such as hair salons or repair shops. Its storefront visibility makes it an appropriate choice for tenants seeking a presence in a traditional downtown environment. Typical occupants often include independent local entrepreneurs or professional practitioners who benefit from the proximity to civic institutions and the existing pedestrian activity generated by neighboring commercial entities. The flexible floor plan supports diverse layouts for showroom displays or client-facing service counters.

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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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