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Mixed-Use Property with Apartment
New
For Sale
$399,900

870 Orchard Hill Road, Zanesville, OH 43701

CommercialSale, Zanesville, OH

Property Size1,600 SF
Lot Size0.40 Acres
Price / SF$249.94
Days on Market2

Property Features for 870 Orchard Hill Road

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking 12
Parking features Parking Lot
Subdivision Home Acres Allotment
Elementary school district Zanesville CSD - 6006
Middle school district Zanesville CSD - 6006
High school district Zanesville CSD - 6006
Directions Maple Ave to Orchard Hill Rd
Standard status Active
APN 17-37-05-09-000
Lot size 0.40 Acres

Taxes and HOA fees

Tax Year 2025
Tax Description LOT 74 HOMEACRES 75 X 232
Tax Annual Amount 3989
Legal Description LOT 74 HOMEACRES 75 X 232

Utilities

Heating system Natural Gas, Forced Air
Cooling system Central Air, Separate Meters
Water source Public

Building Details

Year built 1948
Floors in Building 2
Number of units 1
Roof type Fiberglass, Asphalt
Listing Agency: Lepi & Associates
Listed By: Erika Adornetto · License #2023005881
Added: Oct 5 Changed: Oct 6 Last Checked: Oct 6 at 5:06AM
MLS# 5249976

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.

Investment Insights

Based on property information with market context.

This mixed-use property combines approximately 1,600 square feet of commercial space on the main level with a separately accessed, newly remodeled second-floor apartment of approximately 960 square feet. The commercial layout includes a reception and waiting area, three treatment rooms, a kitchen, three half baths, and a private office with its own half bath and entry. ADA accessibility, updated windows, new flooring, and fresh paint are among the reported improvements. The apartment has two bedrooms and one bathroom.

The property sits on a 0.399-acre lot in Zanesville, with 12 parking spaces. Shopping, restaurants, and Genesis Hospital are described as minutes away. Built in 1948, the building has natural gas and forced-air heating, central air conditioning, and separate cooling meters.

Key Highlights

  • Approximately 1,600 square feet of main‑level commercial space
  • Second‑floor apartment offers approximately 960 square feet, with two bedrooms and one bathroom
  • Main level includes three treatment rooms, reception/waiting area, kitchen, and private office

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$18,953
Cap Rate
4.74%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,060 $379.1K
Cap Rate 7%
$270,757 $270.8K
Cap Rate 9%
$210,589 $210.6K
Market Conditions
NOI Build-Up for 1,600 SF
Gross rent
$34.6K $21.60/SF
− Vacancy
−$3.0K −$1.86/SF
EGI
$31.6K $19.74/SF
− OpEx
−$12.6K −$7.90/SF
NOI
$19.0K $11.85/SF
Area
Muskingum County, OH
Vacancy
8.60%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
40.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$379,060
Cap Rate 7%
$270,757
Cap Rate 9%
$210,589

Alternative Uses

Best Use
Healthcare Medical
$270.8K
$236.9K – $315.9K (±1% cap)
NOI $18,953 @ 7.0% cap · market cap 4.74%
Second Best
Office B
$256.7K
$224.6K – $299.5K (±1% cap)
NOI $17,971 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$347.3K
$303.9K – $405.2K (±1% cap)
NOI $24,309 @ 7.0% cap · market cap 6.08%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Guss Debbie Employment Agency Mark Trout, MD Pediatrician

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply HVAC Service Kitchen & Bath Showroom Electrical Service

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

1
Office units
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,260
Businesses Nearby

Demographics for 43701, OH

55,361
Population
25,785
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
180.5 sq mi
ZIP Area
307
Density / Sq Mi
$54,900
Median Household Income
$34,345
Median Earnings
$819
Median Rent
$164,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

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
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Commercial space and a separately accessed apartment support a range of business and live-work configurations.
Where is this mixed-use property located?
The property is located at 870 Orchard Hill Road Zanesville, OH.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Approximately 1,600 square feet of main‑level commercial space; Second‑floor apartment offers approximately 960 square feet, with two bedrooms and one bathroom; Main level includes three treatment rooms, reception/waiting area, kitchen, and private office
More about this property
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