Mixed-Use Property with Drive-Through
For Sale
$119,000
100 S Main Street, New Hampshire, OH 45870
Commercial Sale, New Hampshire, OH
Property Size2,800 SF
Lot Size0.11 Acres
Price / SF$42.50
Days on Market180
Property Features for 100 S Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business, Commercial, Multiple
Parking features
Parking Lot, Garage
Interior features
Attic
Basement
Unfinished
Subdivision
Village/New Hampshire
Directions
Corner of St. Rt. 33 and St. Rt. 385
Standard status
Active
APN
D1201203500
Size
2,800 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Utilities
Propane
Sewer type
Septic Tank
Heating system
Propane (Heating)
Cooling system
Wall Unit(s), Central Air
Water source
Well
Water front features
Lake
Water front
1
Building Details
Year built
1900
Building materials
Block, Concrete, Vinyl Siding
Additional Structures
Outbuilding
Listing Agency:
Choice Properties Real Estate
Listed By:
Eric Schnipke
(937) 842-2244
Added: Apr 10
Changed: Oct 1
Last Checked: Oct 6 at 10:06PM
MLS# 1044880
Copyright © 2026 Western Regional Information System & Technology, Inc. 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.
The 2,800-square-foot main building dates to 1900 and has a new shingled roof installed in March 2026, backed by a 15-year transferable warranty. A 16-by-34-foot outbuilding has concrete floors and insulated overhead doors at both ends, allowing vehicles to pass through. The property also has on-site and off-street parking, and the sale includes two parcels totaling 0.11 acres.
The property sits at the intersection of State Routes 33 and 385, where the stated daily traffic count is 7,600. Indian Lake is 5 miles away. The building has propane heat, central air and wall units, a well, and a septic system. A duplex conversion and living quarters are described as possibilities; any proposed use should be confirmed with local and government entities.
The property sits at the intersection of State Routes 33 and 385, where the stated daily traffic count is 7,600. Indian Lake is 5 miles away. The building has propane heat, central air and wall units, a well, and a septic system. A duplex conversion and living quarters are described as possibilities; any proposed use should be confirmed with local and government entities.
Key Highlights
- 2,800‑square‑foot main building
- Separate 16‑by‑34‑foot outbuilding with concrete floors and insulated overhead doors at both ends
- New shingled roof installed March 2026; 15‑year transferable warranty
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$9,373
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,460
$187.5K
Cap Rate 7%
$133,900
$133.9K
Cap Rate 9%
$104,144
$104.1K
Market Conditions
NOI Build-Up for 2,800 SF
Gross rent
$16.4K $5.86/SF
− Vacancy
−$1.4K −$0.50/SF
EGI
$15.0K $5.36/SF
− OpEx
−$5.6K −$2.01/SF
NOI
$9.4K $3.35/SF
Area
Auglaize County, OH
Vacancy
8.60%
Lease Rate
$5.86 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$187,460
Cap Rate 7%
$133,900
Cap Rate 9%
$104,144
Alternative Uses
Best Use
Mixed Use
$133.9K
$117.2K – $156.2K
NOI $9,373 @ 7.0% cap · market cap 7.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$564.0K
$493.5K – $658.0K
NOI $39,479 @ 7.0% cap · market cap 33.18%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Drive-in doors
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Explore this area
Business Placement
Demographics for 45870, OH
116
Population
136
Households
0.9
Avg Household Size
44
Median Age
93%
High-School Grad
0.3 sq mi
ZIP Area
387
Density / Sq Mi
$154,643
Median Household Income
$76,524
Median Earnings
$115,500
Median Home Value
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Frequently Asked Questions
What type of property is this?
Mixed-use property - The property includes a separate outbuilding with insulated overhead doors at both ends and on-site parking.
Where is this mixed-use property located?
The property is located at 100 S Main Street New Hampshire, OH.
What is the asking price?
The asking price for this property is $119,000.
What are key features of this property?
This property features: 2,800‑square‑foot main building; Separate 16‑by‑34‑foot outbuilding with concrete floors and insulated overhead doors at both ends; New shingled roof installed March 2026; 15‑year transferable warranty
