Retail and Office Building with
1045-1049 N Main Street Bellefontaine, OH 43311
1045-1049 N Main Street, Bellefontaine, OH, 43311
$395,000
For Sale
$395,000
COMMERCIAL - Bellefontaine, OH
Property Size1,625 SF
Lot Size1.00 Acre
Price / SF$243.08
Days on Market49
Property Features for 1045-1049 N Main Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking features
- Parking Lot
- Basement
- Block, Full
- Standard status
- Active
- APN
- 170772004012000
- Size
- 1,625 SF
- Lot size
- 1.00 Acre
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1930
- Building materials
- Vinyl Siding
Listing agency
Key Realty
(877) 539-7589
Listed by
Malia K. Hughes · License #2008001822
(877) 539-7589
Added: Jun 3 Updated: Jul 9 at 11:36PM Checked: Jul 21 at 12:06PM
MLS# 1046311
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
1045-1049 N Main Street in Bellefontaine, OH offers a well-maintained commercial building designed to support a range of business uses. The property includes ample space for office, retail, studio, or showroom concepts, and numerous updates have been completed to provide a move-in-ready environment. It sits on three parcels totaling approximately one acre, with a large paved parking lot for customers, clients, and employees.
The site is positioned at the north end of the city and is described as having strong visibility and convenient access to State Route 33. The property is actively zoned B2 and B3, providing flexibility for current use and future development within those zoning categories.
For buyers and tenants seeking an adaptable commercial footprint with parking and updated interior improvements, this offering combines multiple space configurations with B2/B3 zoning and highway-access convenience.
The site is positioned at the north end of the city and is described as having strong visibility and convenient access to State Route 33. The property is actively zoned B2 and B3, providing flexibility for current use and future development within those zoning categories.
For buyers and tenants seeking an adaptable commercial footprint with parking and updated interior improvements, this offering combines multiple space configurations with B2/B3 zoning and highway-access convenience.
Key Highlights
- Commercial property on a full acre at 1049 N. Main Street in Bellefontaine (north end of the city)
- Building features vinyl siding with natural gas forced‑air heat and central air conditioning
- Includes ample paved parking lot with parking lot parking features
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $35.0k | $21.53 |
| − Vacancy | −$8.4k | −$5.15 |
| EGI | $26.6k | $16.38 |
| − OpEx | −$6.7k | −$4.10 |
| NOI | $20.0k | $12.29 |
1,625 SF · lease $21.53/SF/yr · vacancy 23.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$285.3K
$249.6K – $332.8K
NOI $19,968 @ 7.0% cap · market cap 5.06%
Second Best
Retail
$90.9K
$79.5K – $106.0K
NOI $6,361 @ 7.0% cap · market cap 1.61%
Theoretical Best
Office A
$328.0K
$287.0K – $382.7K
NOI $22,962 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
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FAQs
What type of property is this?
Office building - Updated commercial building on three parcels, zoned B2/B3, with a large paved parking lot and multiple space types.
Where is this office building located?
The property is located at 1045-1049 N Main Street Bellefontaine, OH.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Commercial property on a full acre at 1049 N. Main Street in Bellefontaine (north end of the city); Building features vinyl siding with natural gas forced‑air heat and central air conditioning; Includes ample paved parking lot with parking lot parking features
