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Turn-Key 4-Unit Office Building
For Sale
Under Contract
$215,000

414 Martin Street, Greenville, OH 45331

COMMERCIAL - Ranch - Greenville, OH

Property Size3,416 SF
Lot Size0.25 Acres
Price / SF$62.94
Days on Market53

Property Features for 414 Martin Street

General Information

Property type Commercial Sale
Property subtype Single Family Residence
Zoning description Business, Commercial
Parking 17
Parking features Parking Lot
Appliances Gas Water Heater
Subdivision G B P & S Add
Directions S. Broadway from city traffic circle. Left on Martin St.
Standard status Active Under Contract
APN F27221235010813500
Size 3,416 SF
Lot size 0.25 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Forced Air, Natural Gas
Cooling system Central Air

Building Details

Year built 1968
Building materials Brick
Architectural style Ranch
Listing Agency: Leis Realty
Listed By: Darren Leis
Added: Jun 11 Changed: Jul 20 Last Checked: Aug 2 at 4:06AM
MLS# 1046296

Copyright © 2026 West Metro Board 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.

Investment Insights

Based on property information with market context.

This turn-key four-unit commercial office building is fully occupied and arranged to serve multiple business tenants. Each suite includes its own private entrance and private off-street parking, along with kitchen facilities and flexible floor plans designed for varied office uses. Two of the four suites also have washer and dryer hookups for added tenant convenience. Recent improvements include a new water heater in Suite 4 (2025) and replacement windows in Suite 2 (April 2026), supporting a low-maintenance ownership experience.

The property is located on Martin Street in downtown Greenville, Ohio, with visibility referenced as a key strength. The listing also notes high traffic counts, which can support tenant access and day-to-day footfall for street-facing businesses.

For prospective investors or owner-operators, the asset presents a straightforward, income-producing configuration with all four suites currently leased. Its suite-by-suite separation, dedicated parking, and in-unit kitchens can appeal to a range of office-oriented users seeking privacy and operational flexibility, while the recent mechanical and window updates help reduce near-term capex concerns based on the information provided.

Key Highlights

  • Fully occupied 4‑unit commercial building with all four suites leased
  • Each suite has a private entrance, private off‑street parking, and kitchen facilities
  • Central air and natural gas forced‑air heating; gas water heater included

Property Analytics

Current Use

Hair Studio Hair Salon Square One Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Parking Lot & Garage Daycare Center Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

183
Businesses Nearby

Demographics for 45331, OH

22,213
Population
10,400
Households
2.1
Avg Household Size
46
Median Age
17%
College-Educated
90%
High-School Grad
151.2 sq mi
ZIP Area
147
Density / Sq Mi
$53,797
Median Household Income
$36,666
Median Earnings
$722
Median Rent
$159,100
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Office units - Fully occupied four-suite office property with private entrances, parking, and kitchen facilities for each tenant.
Where is this office units located?
The property is located at 414 Martin Street Greenville, OH.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Fully occupied 4‑unit commercial building with all four suites leased; Each suite has a private entrance, private off‑street parking, and kitchen facilities; Central air and natural gas forced‑air heating; gas water heater included
More about this property
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