1 N Fourth Street, Prospect, OH 43342

$850,000
Property Type: Commercial Square Footage: 4,960 Lot Size (sq. ft.): 20,473 Status: Active
Current Price: $850,000 List Date: 5/21/2026 Last Modified: 5/21/2026

Overview

Description

Well established machine shop business with active contracts and cliental. This turn-key business in a money maker, all machines and equipment remain, along with the established name and S-Corp. Gas forced air furnace in the 38X80 concrete block building with insulation and vinyl sided exterior, metal roof, the 24X80 concrete block building with asphalt shingle roof has suspended gas heat. Showing for qualified buyers with a signed Non-Disclosure Agreement.

Listing Details MLS# 226018071

Location Property Info

Original List Price
850000
Property Sub Type
Other Com
Street #
Yes
Street PreDirection
N
Street Name
Fourth
Street Suffix
Street
County
Marion
State
OH
Zip Code
43342
Township
Prospect

OfficeContract Info

MLS Entry Date
2026-05-15

General Property Info

Previous Use
Machine Shop
Total SqFt Available
4960
Bldg Sq Ft
4960
Max Cont Sqft Avail
4960
Minimum Sqft Avail
4960
# of Floors Above Gr
Yes
Year Built
1960
Use Code
340 - LIGHT MFTG/ASSEMBLE:0-10P OFF
Lot Size (Side)
90
Acreage
0.47
# of Docks
0

Tax Info

Parcel #
27-0080000.100
Mult Parcels/Sch Dis
Yes
Addl Parcel Numbers
27-0080000.200
Assessment
4.00
Tax Year
2025
Tax Abatement
No
Taxes (Yrly)
779.25
Tax Incentive
No

Auction Info

Auction/Online Bidding Y/N
No

Location & Property Info

List Price/SqFt
171.37
City (Mailing Addr)
Prospect
Dist To Interchange
7
Corp LimitPerAuditor
Prospect

More Information

Office/Contract Info

For Sale
Yes
Exchange
No
For Lease
No
Lease Rate $/Sq Ft
0

Remarks & Misc

Property Description
Well established machine shop business with active contracts and cliental. This turn-key business in a money maker, all machines and equipment remain, along with the established name and S-Corp. Gas forced air furnace in the 38X80 concrete block building with insulation and vinyl sided exterior, metal roof, the 24X80 concrete block building with asphalt shingle roof has suspended gas heat. Showing for qualified buyers with a signed Non-Disclosure Agreement.

Income/Expenses

Gross Income
0
Net Operating Income
0
Total Expenses
0

Addl Acceptance Cond

None Known
Yes

T Reimburses L

Curr Yr Est $/SF TRL
0

Construction

Block
Yes

Heat Fuel

Gas
Yes

Water Source

Public
Yes

Sewer

Public Sewer
Yes

Services Available

Electricity Available
Yes
Natural Gas Available
Yes
Sewer Available
Yes
Storm Sewer
Yes
Water Available
Yes

Heat Type

Forced Air
Yes
Other
Yes

Electric

3 Phase
Yes

New Financing

Conventional
Yes

Sprinkler

None
Yes

Business Type

Industrial
Yes

MLS Primary PhotoSrc

Realtor Provided
Yes

Property Features

Addl Acceptance Cond: None Known Heat Fuel: Gas Heat Type: Forced Air; Other Electric: 3 Phase Water Source: Public Sewer: Public Sewer Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available Construction: Block Sprinkler: None Business Type: Industrial New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: CRAIG A MILEY REALTY & AUCTION
Listing Agent: MARILYN K. MILEY
Last Updated: May - 21 - 2026
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