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Three-Storefront Mixed-Use Building

112 Main Street Ripley, OH 45167

112 Main Street, Ripley, OH, 45167
$250,000
For Sale
Claim this Listing
$250,000

SINGLE_FAMILY - Ripley, OH

Property Size1,178 SF
Lot Size0.12 Acres
Price / SF$212.22
AddedFeb 10
Days on Market155
Last RefreshJul 15 at 12:06 am

Property Features for 112 Main Street

General Information

Property type
Residential
Property subtype
Retail
Standard status
Active
Size
1,178 SF
Lot size
0.12 Acres

Utilities

Heating system
Natural Gas

Building Details

Year built
1900
Flooring type
Concrete
Building materials
Brick, Stone

Listing agent Michael Jennings

Listing office Plum Tree Realty 9078 Union Centre Blvd Ste 350, West Chester, OH

Listing date Feb 10, 2026

MLS# 1868273

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.

This for-sale commercial property is a three-storefront building totaling 1,178 square feet on a 0.12-acre lot. The configuration supports a range of tenant and operating needs, making it well suited for businesses that benefit from street-facing frontages and multiple entry points.

Located at 112 Main Street in Ripley, Ohio, the property is presented as a downtown opportunity with strong street presence. Its storefront setup provides direct exposure to passersby along Main Street and supports flexible utilization across the building’s multiple fronts.

For owner-users, the building offers the ability to combine business use with income from additional storefront space, subject to how the layout is used. For investors, the three storefront configuration can allow for separate occupancy planning. Prospective buyers should review the on-site floor plan details and how each storefront can be adapted for their intended retail, office, or restaurant-type concept.

Key Highlights

  • Prime downtown Ripley location with high visibility
  • Versatile 3‑storefront commercial building suitable for various businesses
  • Strong investment income potential

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 $25.3k $21.48
− Vacancy −$6.4k −$5.43
EGI $18.9k $16.05
− OpEx −$4.7k −$4.01
NOI $14.2k $12.03
1,178 SF · lease $21.48/SF/yr · vacancy 25.30% · expense 25.00%

Alternative Uses

Best Use
Office B
$202.5K
$177.2K – $236.3K (±1% cap)
NOI $14,176 @ 7.0% cap · market cap 5.67%
Second Best
Specialty Retail
$71.6K
$62.6K – $83.5K (±1% cap)
NOI $5,009 @ 7.0% cap · market cap 2.00%
Theoretical Best
Office A
$232.9K
$203.8K – $271.7K (±1% cap)
NOI $16,304 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Dental Office HVAC Service Auto Parts Store Barber Shop Law Firm Hair Salon Florist Daycare Center Grocery & Convenience Store Grocery & Convenience Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - Three storefront spaces in a downtown Ripley building suited to retail, office, or food-service use.
Where is this retail space located?
The property is located at 112 Main Street Ripley, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime downtown Ripley location with high visibility; Versatile 3‑storefront commercial building suitable for various businesses; Strong investment income potential
Contact an agent
More about this property
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