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    120 S Canal St Spencerville, OH 45887

    Sponsored
    For Sale
    $225,000

    COMMERCIAL - Spencerville, OH

    Property size:
    8,064 SF
    Days on Market:
    4
    Last Refresh:
    Jan 6 at 8:06 pm

    Property Features for 120 S Canal St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Window features
    Display Window(s)
    Zoning
    B1
    Rooms
    Bathroom 2, Bathroom 1
    Bathrooms
    2
    APN
    44-1207-19-007.000, 44-1207-19-008.000,
    Parking features
    Off Street, Parking Lot
    Size
    8,064 SF

    Utilities

    Sewer type
    Public Sewer
    Heating system
    Forced Air, Natural Gas
    Water source
    Public

    Building Details

    Year built
    1946
    Floors in Building
    1
    Flooring type
    Concrete, Vinyl, Tile - Ceramic
    Building materials
    Steel Frame
    Roof type
    Rubber

    CCR Real Estate LLC (419) 371-3085 [email protected]

    Listing agent Richard Robinson III (614) 266-0478

    Listing date Jan 3, 2026

    Copyright © 2026 West Central Association 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.

    Overview

    Spencerville Commercial Space For Sale

    Available for purchase is a commercial space in Spencerville, Ohio, located one block from Route 66. The property features over 8000 square feet of heated and air-conditioned space, including a reception and office area. Restroom facilities for men and women are present. The building includes three roof HVAC units and a residential hot water heater. The non-office area has 11-foot ceilings and 15x11 sliding barn doors. Additional storage areas are located in the rear of the building. The property includes ample parking and is situated on 0.65 acres. The building's layout and size offer various potential uses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lucky Limo LLC Car Detailing Service

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Daycare Center Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Spencerville
    County
    Allen
    State
    Ohio
    Longitude
    -84.355749
    Latitude
    40.70693

    FAQs

    What type of property is this?
    Retail space - 8000+ sqft commercial space near Route 66 in Spencerville.
    Where is this retail space located?
    The property is located at 120 S Canal St Spencerville, OH.
    What is the asking price?
    The asking price for this property is $225,000.
    What are key features of this property?
    This property features: - Over 8000 sq ft of HEATED AND AIR-CONDITIONED COMMERCIAL SPACE.; - PRIME LOCATION: 1 block from Rt 66 in Spencerville.; - Includes over 800 sq ft of reception and office area.
    (614) 266-0478
    Request Owner's contact information
    120 S Canal St Spencerville, OH 45887
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    Spencerville, OH 45887
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    Realmo Value Estimation

    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.

    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.

    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
    120 S Canal St Spencerville, OH 45887
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