Listing Summary
High-yield C-Store & property for sale at 901 Bennett St, Marion, OH! $449,000 (16.04% Cap Rate). $43K+/mo inside sales, $6K-$10K net profit/mo, high EBT upside. Call (770) 664-9999!
Full Description
High-Yield Convenience Store & Commercial Real Estate For Sale: 901 Bennett Street, Marion, OH
Offering an extraordinary 16.04% Cap Rate with strong in-place cash flow and immediate revenue expansion avenues, this 1,444-square-foot neighborhood convenience store and real estate property at 901 Bennett Street, Marion, OH 43302 is available for acquisition. Offered at $449,000 (plus inventory estimated at $70,000 at cost), this turnkey business and real estate investment package delivers a stabilized $72,000 Net Operating Income (NOI) in a high-density Central Ohio residential trade area.
Positioned directly inside a mature residential neighborhood rather than relying exclusively on pass-through highway traffic, the store serves as an essential daily grocery alternative for thousands of nearby households. Driven by retiring owners looking to relocate closer to family, this listing presents an ideal opportunity for an investor seeking high-yield passive returns or an owner-operator wanting to capture over $120,000 in annual net take-home cash flow.
Financial Overview & Key Performance Metrics
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Asking Price: $449,000 (Includes Business Value & Real Estate Property + Inventory at Cost)
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Cap Rate: Exceptional 16.04% Cap Rate
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Net Operating Income (NOI): $72,000 / Year
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Building Size: 1,444 SF Single-Story Commercial Facility
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Price Per Square Foot: $310.94 / SF
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Lot Size: 0.12 Acres / Commercial Zoning
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Monthly Inside Sales: $43,000+ / Month Average
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Monthly Lottery Commission: ~$2,000 / Month
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Monthly ATM Commission: ~$300 / Month
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Monthly Check-Cashing Commission: ~$200 / Month
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Current Net Monthly Profit: $6,000+ / Month (Net of $4,200/mo Payroll and Overhead)
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Owner-Operator Net Income Potential: $10,000+ / Month ($120,000+ Annually)
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Operating Hours: Currently Open Only 13 Hours / Day (Immediate upside by expanding store hours)
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Broker Representation: River Brokers — Direct Contact: (770) 664-9999 | info@riverbrokers.com
Substantial Growth & Operational Upside Opportunities
Engineered for immediate revenue acceleration through simple operational turnarounds:
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EBT License Reactivation: EBT is approved for the location but currently inactive due to a previous non-renewed partner filing. Reactivating EBT/SNAP processing will instantly drive significant food staple and grocery sales from the surrounding neighborhood.
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Cooler Capacity & Beverage Expansion: Ample room exists to install additional glass-door walk-in or reach-in coolers to capitalize on high-margin cold energy drinks, sodas, craft beer, and dairy products.
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Novelty Merchandise & Extended Hours: The store already enjoys strong profit margins through novelty and specialty inventory. Extending operating hours beyond the current 13-hour shift will capture early morning commuter and late-night convenience purchases.
High-Density Marion Trade Area & Regional Demographics
Positioned in an established residential pocket with strong local demand drivers:
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Dense Residential Population Footprint: Features an exceptional 1-mile population density of 2,506 people per square mile, serving 9,665 residents (3,615 households) within 1 mile, 36,164 residents within 3 miles, and 48,081 residents within 5 miles.
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Steady Population Growth & Incomes: Supported by an annual population growth rate of 2% and a median household income of $49,000 within 3 miles and $54,000 within 5 miles.
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Nearby Educational Anchors: Located minutes from James A. Garfield Elementary, Ulysses S. Grant Middle School, and Harding High School (serving over 2,000 students and staff). Short drive to the shared 180-acre campus of The Ohio State University at Marion and Marion Technical College (serving over 4,000 students and staff).
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Major Industrial Employers: Marion boasts a major manufacturing employer base including Whirlpool (Marion's largest employer with over 2,300 workers), Yachiyo, Andersen, Mennel, and Nucor, along with regional healthcare anchor OhioHealth Marion General Hospital.
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Expanding Housing Market: Benefiting from new local housing developments including Harding Heights Apartments (50 new units) and Harding Village Apartments (56 new units), constantly increasing local customer density.
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Proximity to Dining & Services: Surrounded by local dining hubs including Subway, Fred's Ice Cream, Jack's Drive Thru, Hong Kong Buffet, Bob Evans, and Applebee's.
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Central Ohio Regional Mobility: Located 1 hour from Columbus, OH; 2 hours from Cleveland, OH; and 2.5 hours from Cincinnati, OH.
Whether you are a commercial real estate investor looking for a 16%+ Cap Rate asset under $450k, a C-store operator seeking an easily scalable neighborhood market, or an owner-operator wanting $10k/month in net income in Marion County, 901 Bennett Street delivers strong yield, location, and tangible revenue upside
Quick Glance
- Listing ID:
CL-Ohio-28727
- Status:
Active
- Year Build:
1930
- Building Size:
1,444 SqFt
- Lot Size:
0.12 Acr
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