Two-Story Mixed-Use
For Sale
$199,000
107 N Main Street, Georgetown, OH 45121
Commercial Sale, Georgetown, OH
Property Size3,915 SF
Lot Size0.10 Acres
Price / SF$50.83
Days on Market90
Property Features for 107 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
From US-68, turn on R Main Street (OH-125) and continue into downtown Georgetown. turn R at main light Property is located L on the Main Square
Subdivision
Brown-E11
Standard status
Active
APN
33-067920.0000
Size
3,915 SF
Lot size
0.10 Acres
Utilities
Heating system
Electric (Heating)
Building Details
Year built
1902
Flooring type
Wood, Carpet
Building materials
Brick, Metal Siding
Roof type
Rolled Hot Mop, Membrane
Listing Agency:
Plum Tree Realty
(513) 443-5060
Listed By:
Jamie Ogden
(513) 378-4663
Added: Jul 9
Changed: Oct 6
Last Checked: Oct 6 at 8:06PM
MLS# 1885428
Copyright © 2026 MLS of Greater Cincinnati, Inc. 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.
Built in 1902, this two-level mixed-use property contains 3,915 square feet on a 0.103-acre parcel. The main floor is occupied by a commercial business, while the upper level provides additional space that could accommodate apartments, offices, or other commercial use subject to required approvals. Brick and metal siding, wood and carpet flooring, electric heat, and a membrane and rolled hot mop roof complete the existing improvements.
The property is located at 107 N Main Street on the Main Square in Georgetown, Ohio. Rear access supports loading and unloading for commercial operations. A current lease is in place, with flexibility for a future owner seeking occupancy, subject to the lease terms.
The property is located at 107 N Main Street on the Main Square in Georgetown, Ohio. Rear access supports loading and unloading for commercial operations. A current lease is in place, with flexibility for a future owner seeking occupancy, subject to the lease terms.
Key Highlights
- 3,915‑square‑foot mixed‑use building on a 0.103‑acre parcel
- Two levels with commercial occupancy on the main floor
- Second floor may support apartments, offices, or commercial use subject to approvals
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$15,537
Cap Rate
7.81%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,740
$310.7K
Cap Rate 7%
$221,957
$222.0K
Cap Rate 9%
$172,633
$172.6K
Market Conditions
NOI Build-Up for 3,915 SF
Gross rent
$23.0K $5.88/SF
− Vacancy
−$824 −$0.21/SF
EGI
$22.2K $5.67/SF
− OpEx
−$6.7K −$1.70/SF
NOI
$15.5K $3.97/SF
Area
Brown County, OH
Vacancy
3.58%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$310,740
Cap Rate 7%
$221,957
Cap Rate 9%
$172,633
Alternative Uses
Best Use
Retail
$222.0K
$194.2K – $259.0K
NOI $15,537 @ 7.0% cap · market cap 7.81%
Second Best
Mixed Use
$187.2K
$163.8K – $218.4K
NOI $13,106 @ 7.0% cap · market cap 6.59%
Theoretical Best
Office A
$774.1K
$677.3K – $903.1K
NOI $54,185 @ 7.0% cap · market cap 27.23%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
326
Businesses Nearby
13k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 85%
Home Improvements & Furnishings 8%
Electronics 7%
United Dairy Farmers
Shops & Services
7,867 visits/mo
0.1 miles
Shell
Shops & Services
3,268 visits/mo
0.1 miles
Rent 2 Own
Home Improvements & Furnishings
1,080 visits/mo
0.4 miles
Verizon
Electronics
969 visits/mo
0.5 miles
Carquest Auto Parts - Seips Auto Parts
Shops & Services
304 visits/mo
0.4 miles
Demographics for 45121, OH
8,927
Population
4,243
Households
2.1
Avg Household Size
43
Median Age
19%
College-Educated
86%
High-School Grad
106.8 sq mi
ZIP Area
84
Density / Sq Mi
$57,274
Median Household Income
$34,907
Median Earnings
$680
Median Rent
$150,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Brick commercial property with rear access supporting loading and unloading operations.
Where is this mixed-use property located?
The property is located at 107 N Main Street Georgetown, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 3,915‑square‑foot mixed‑use building on a 0.103‑acre parcel; Two levels with commercial occupancy on the main floor; Second floor may support apartments, offices, or commercial use subject to approvals
