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    15 Main St Lexington, OH 44904

    For Sale
    $699,900

    Commercial - Lexington, OH

    Property size:
    16,496 SF
    Lot size:
    10,824.00 Acres
    Days on Market:
    194
    Last Refresh:
    Dec 9 at 12:06 pm

    Property Features for 15 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0482711114000 & 0482711115000
    Size
    16,496 SF
    Lot size
    10,824.00 Acres

    Utilities

    Heating system
    Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1870
    Architectural style
    Other

    Key Realty (877) 539-7589

    Listing agent Mary Adams (877) 539-7589

    Listing date May 30, 2025

    MLS# 9066380 Listing URL

    Copyright © 2025 Mansfield 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

    Mixed-Use Commercial Property For Sale

    This mixed-use commercial property is anchored by Kell Hardware, an established hardware store with over 100 years of operation and a loyal customer base. Situated on a high-visibility corner in the Village of Lexington, the property benefits from easy access and strong traffic counts, with 8,000 vehicles daily on Main St and 5,100 on Frederick St. The property includes a national chain pizza shop, an updated 2-bed/2-bath upper residence, and second-story office spaces, providing multiple income streams. The building includes 11 and 15 W Main St. The location is approximately 3 miles from I-71 and minutes from Ontario and Mansfield. Recent HVAC updates include new A/C and heat for the retail space, offices, and residence, while the pizza parlor HVAC is only 2 years old. The property offers versatile space for various business opportunities. The lot size is 10824 acres and the living area is 16496 square feet.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Stephen F Walker ... Chiropractor Hitchman Bail Bonds Bail Bonds Service Kell Hardware Hardware Store Emuna Cleaning LLC. Janitorial Service Heartland Community Church Church

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Lexington
    County
    Richland
    State
    Ohio
    Longitude
    -82.2107848
    Latitude
    39.7196519

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    FAQs

    What type of property is this?
    Mixed-use property - Established mixed-use property with multiple income streams in Lexington, OH.
    Where is this mixed-use property located?
    The property is located at 15 Main St Lexington, OH.
    What is the asking price?
    The asking price for this property is $699,900.
    What are key features of this property?
    This property features: - Prime mixed-use commercial property with multiple income streams.; - Established hardware store with 100+ years of operation and a loyal customer base.; - High-visibility hard corner location with strong traffic counts.
    (877) 539-7589
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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
    15 Main St Lexington, OH 44904
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