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    12 N Main St Hubbard, OH 44425

    Sponsored
    For Sale
    $139,900

    SINGLE_FAMILY - Hubbard, OH

    Type:Retail
    Lot size:
    0.10 Acres
    Days on Market:
    38
    Last Refresh:
    Feb 11 at 10:06 am

    Property Features for 12 N Main St

    General Information

    Special listing conditions
    Standard
    Property type
    Residential
    Property subtype
    Retail
    TransactionType
    Standard
    Standard status
    Active
    Rooms
    Basement
    APN
    02-177100
    Parking
    5
    Parking features
    Parking Lot
    Lot size
    0.10 Acres

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Natural Gas, Baseboard, Forced Air, Electric (Heating)
    Cooling system
    Window Unit(s)
    Water source
    Public

    Building Details

    Year built
    1900
    Floors in Building
    2
    Number of units
    3
    Roof type
    Flat, Slate

    We can help!

    Listing Contact
    Melissa A Palmer
    Melissa A Palmer

    Partners 3 LLC (330) 856-7777

    Listing agent Melissa A Palmer (330) 727-0577 License #2006007885

    Listing date Jan 5, 2026

    MLS# 5154939

    Copyright © 2026 MLS Now. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Revenue-Generating Corner Commercial Building

    Located in Hubbard, OH, this corner commercial building offers a business opportunity in a high-traffic, high-visibility area with foot traffic. The property's location allows for signage on the sides of the building. Alleyway access from the main street leads to a private rear lot. The all-brick building is divided into three portions: two lower-storefront units and a second-story apartment, all currently rented and revenue-generating. The first lower unit is configured with multiple display cases for a divided design featuring a rear office area, closet storage, and a half bath. The second, larger unit has natural light and streetside views, coupled with an open layout filled with hardwood flooring. At the rear of the unit, two additional rooms join a half bath. Basement storage is also available. The upstairs residential apartment unit is accessible via a newly built (2025) staircase. It includes a large kitchen, central dining or common space, a rear living area with two bedrooms, laundry service, and a full bath. Additional features include a newer furnace, newer hot water heater, refinished original hardwood floors, a flat roof over the Coin Shop (2015), and 5 parking spaces in the back of the building. All 3 units are currently rented with long-term tenants, providing immediate income. The lot size is 0.1036 acres. Current monthly rental income is $1,415, with potential for improvement.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Hubbard Gold and Coin (Bike/Boat/Book/etc) Store

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Similar Places Nearby

    The Orange Poppy

    Location Insight

    • Map
    • Local Demand
    City
    Hubbard
    County
    Trumbull
    State
    Ohio
    Longitude
    -80.5692
    Latitude
    41.156751

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    FAQs

    What type of property is this?
    Storefront property - High-visibility commercial building with storefronts and apartment in Hubbard, OH.
    Where is this storefront property located?
    The property is located at 12 N Main St Hubbard, OH.
    What is the asking price?
    The asking price for this property is $139,900.
    What are key features of this property?
    This property features: - High-traffic, high-visibility corner location with signage opportunities, attracting both foot and vehicle traffic.; - Three revenue-generating units (two storefronts and one apartment) are currently rented with long-term tenants, providing immediate income.; - Private rear parking lot with 5 spaces accessible via alleyway.
    (330) 727-0577
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    12 N Main St Hubbard, OH 44425
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    Hubbard, OH 44425
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    12 N Main St Hubbard, OH 44425
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    We can help!
    Listing Contact
    Melissa A Palmer
    Melissa A Palmer
    Real Estate License ID: 2006007885
    (330) 727-0577
    Learn more
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