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21940780
21940781

634 Tyler Street, Marion, OH 43302

CT
2018003521
Errington Realty LLC.
Listed by Errington Realty LLC.
$275,000
67 days on market
Updated 67 days ago

634 Tyler Street

Details
APN 12-1180006.300
Property Type Retail, Land (+2)
Sub Type Storefront, Residential (+3)
Square Footage 3,605
Net Rentable (SqFt) 3,605
NOI $2,200
Price per SqFt $76
Year Built 1955
Acreage 1.060

Retail | 3,605 SqFt

Marketing description

Versatile commercial property with multiple income streams and flexible use options. The front of the building currently houses a flower shop, featuring plenty of storage, extra space, and a full bath, making it ideal for a retail operation or creative workspace. The rear includes a studio apartment with a full kitchen, full bath, and in-unit washer and dryer, providing immediate rental income potential. An attached garage includes a small office, perfect for additional workspace or storage. The center portion of the building offers more office space with a half bath and two separate rooms that can serve as storage or private offices. This section is currently vacant, giving an owner occupant or investor the opportunity to lease and increase cash flow. Situated on 7 city lots totaling over an acre, the property features a large parking lot at the front and additional parking behind, offering convenience for tenants, customers, or future expansion. Recent updates include a newer metal roof and gutters within the last 7 years. With a mix of occupied and available space, this property is ideal for investors or business owners seeking income potential and room to grow.
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Listing Contacts

CT
2018003521
Errington Realty LLC.
Listed by Errington Realty LLC.

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Loan Amount
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Annual Debt Service
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Annual Cash Flow
$2,200.00
$183.33/mo

Valuation Metrics

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DSCR
0.8%
Cap Rate
0.8%
ROI

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