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    Commercial Building in Excellent Condition Title is generated by Realmo AI

    2002 Robinson Avenue, Portsmouth, OH 45662

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    Claim this Listing
    For Sale
    $199,000

    Commercial Sale - Portsmouth, OH

    Property size:
    1,288 SF
    Price / SF:
    $154/SF
    Added:
    Apr 2, 2026
    Days on Market:
    89
    Last Refresh:
    Jun 29 at 7:06 am

    Property Features for 2002 Robinson Avenue

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Zoning
    499 Other Comme
    Standard status
    Active
    APN
    32-0056,0471, 1103
    Size
    1,288 SF

    Taxes and HOA fees

    Tax Annual Amount
    1540.14

    Utilities

    Heating system
    Electric (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1962
    Roof type
    Metal
    Architectural style
    Other

    We can help!

    Contact an agent
    Ruthann Brush

    Listing agent Ruthann Brush

    Listing office Brush Realty 2760 Gilbert Ave, Portsmouth, OH

    Listing date Apr 2, 2026

    MLS# 152544 Listing URL

    Copyright © 2026 Greater Portsmouth Area Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Excellent condition and versatile floor plan suitable for various uses.
    • Recent major improvements: Roof (2021), AC Unit (2021‑22), and Water Heater (2023).
    • Outstanding location.
    • Quality brick structure.
    • Central Air cooling system.
    • Electric heating.

    Overview

    This commercial property, currently used as an optometrist office, features a functional floor plan suitable for various business uses. The building is in excellent condition, with several recent improvements. The roof was replaced in 2021, and a new AC unit was installed in 2021-2022. A new water heater was installed in 2023. The property is a brick structure with a total size of 1288 square feet and is located in Portsmouth, Ohio.

    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 $27.7k $21.48
    − Vacancy −$6.6k −$5.13
    EGI $21.1k $16.35
    − OpEx −$5.3k −$4.09
    NOI $15.8k $12.26
    1,288 SF · lease $21.48/SF/yr · vacancy 23.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $225.6K
    $197.4K – $263.2K (±1% cap)
    NOI $15,791 @ 7.0% cap · market cap 7.94%
    Second Best
    Healthcare Medical
    $219.2K
    $191.8K – $255.7K (±1% cap)
    NOI $15,342 @ 7.0% cap · market cap 7.71%
    Theoretical Best
    Office A
    $274.1K
    $239.8K – $319.8K (±1% cap)
    NOI $19,187 @ 7.0% cap · market cap 9.64%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Dr. Clyde M. ... Physician Kallner Aaron T ... Physician

    Suggested Use

    Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Portsmouth
    County
    Scioto
    State
    Ohio
    Longitude
    -82.974775
    Latitude
    38.739232

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    FAQs

    What type of property is this?
    Medical Office Space - Well-maintained commercial building with recent upgrades and versatile floor plan.
    Where is this medical office space located?
    The property is located at 2002 Robinson Avenue Portsmouth, 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: Excellent condition and versatile floor plan suitable for various uses.; Recent major improvements: Roof (2021), AC Unit (2021‑22), and Water Heater (2023).; Outstanding location.
    (740) 354-3171
    We can help!
    Contact an agent
    Ruthann Brush
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