Located at 73 W Walnut St in Marengo, Ohio, this highly versatile commercial property offers exceptional accessibility, ample parking, and a wide range of potential uses. Situated just 2 miles from the I-71 interchange at St Rt 61, the location provides outstanding convenience for businesses and clientele alike. The property sits on one full acre and features an impressive 14,500 square feet of paved parking, complete with separate entrance and exit drives--ideal for high traffic operations, customer flow, or even drive-through possibilities. Additional green space offers room for expansion or future development. The 2492 square feet building is handicap accessible with multiple entrances, and has seen numerous recent updates, including new furnace and central air, new natural gas line, fiber optic internet service, and new flooring and fresh paint throughout much of the first floor. The main level is well suited for office or business use, featuring two bathrooms, a kitchenette area, and dividers for flexible room configurations. The upper level, while in need of TLC, offers generous room sizes and showcases original woodwork, trim, and hardwood floors, presenting an excellent opportunity for added office space, rental income, or conversion back to residential use. Whether you're envisioning professional office space, a small business headquarters, a duplex, a drive-through concept, or a unique live/work property, this building delivers the space, infrastructure, and parking to make it happen!! A rare opportunity to own a property with exceptional flexibility and prime location near I-71!
Prime commercial investment opportunity encompassing 20.03 acres (approximately 4.70 acres in I-71 right-of-way) located half mile from the interstate in a high-traffic corridor with average daily traffic counts exceeding 13,000 vehicles along the frontage and 68,000 vehicle exposure to I-71 interstate to the rear. Zoned commercial, this property offers exceptional visibility, accessibility, and long-term development potential. All utilities are available, including CENTRALIZED SEWER, PUBLIC WATER, NATURAL GAS, ELECTRIC, and HIGH-SPEED INTERNET—minimizing upfront infrastructure costs and accelerating development timelines. Existing improvements include a 3,860 sq. ft. residence and a 58' x 44' concrete foundation outbuilding with a 38' x 16' lean-to and a 20' x 37' enclosed lean-to, providing immediate use for the new owner's needs. Currently used for agriculture purposes, the entire property is available for the buyer's use upon closing. An excellent 1031 exchange opportunity for buyers seeking to preserve capital while positioning assets in a prime interstate corridor with strong traffic exposure and future appreciation potential. Buyer's agent or a licensed representative must be with their client during all showings. (Also listed as MLS #225046010 & MLS #225046011)
Andrea D. Conner, License BRKP.2017002935, Xome Inc., License REC.2015001703, [email protected], 844-400-XOME (9663), 11427 Read Hartman Hwy, Suite 236, Cincinnati, OH 45241
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Marengo is located in Ohio. Marengo, Ohio has a population of 280. Marengo is more family-centric than the surrounding county with 31.03% of the households containing married families with children. The county average for households married with children is 30.14%.
The median household income in Marengo, Ohio is $39,079. The median household income for the surrounding county is $63,411 compared to the national median of $69,021. The median age of people living in Marengo is 45.7 years.
The average high temperature in July is 83.2 degrees, with an average low temperature in January of 16.4 degrees. The average rainfall is approximately 40.7 inches per year, with 26.5 inches of snow per year.
