Mixed-Use Property with Upstairs
101 E Main Street, Blanchester, OH 45107
For Sale
New
$350,000
Commercial Sale, Blanchester, OH
Property Size1,950 SF
Lot Size0.04 Acres
Price / SF$179.49
Days on Market2
Property Features for 101 E Main Street
General Information
Property type
Property subtype
Directions
Subdivision
Standard status
APN
Size
Lot size
Additional Details
Mixed-Use Components
Utilities
Heating system
Building Details
Year built
Flooring type
Building materials
Roof type
Listing Agency:
eXp Realty
(216) 242-2322
Listed By:
Dan Young
(866) 212-4991
Added: Nov 6
Changed: Nov 7
Last Checked: Nov 7 at 1:06PM
MLS# 1899640
Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
Built in 1925, this mixed-use building places a former banking area on the main level and finished living space upstairs. Brick and stone construction, wood flooring, a membrane roof, and natural-gas radiant and central heating are noted. The building contains 1,950 square feet on a 0.038-acre parcel. The sale includes real estate only; no business is included.
Key Highlights
- 1,950‑square‑foot mixed‑use building on a 0.038‑acre parcel
- Finished living space occupies the upper floor
- Former bank space is located on the main level
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$20,402
Cap Rate
5.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,040
$408.0K
Cap Rate 7%
$291,457
$291.5K
Cap Rate 9%
$226,689
$226.7K
Market Conditions
NOI Build-Up for 1,950 SF
Gross rent
$35.1K $18.00/SF
− Vacancy
−$2.5K −$1.26/SF
EGI
$32.6K $16.74/SF
− OpEx
−$12.2K −$6.28/SF
NOI
$20.4K $10.46/SF
Area
Clinton County, OH
Vacancy
7.00%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$408,040
Cap Rate 7%
$291,457
Cap Rate 9%
$226,689
Alternative Uses
Best Use
Retail
$507.7K
$444.2K – $592.3K
NOI $35,536 @ 7.0% cap · market cap 10.15%
Second Best
Mixed Use
$291.5K
$255.0K – $340.0K
NOI $20,402 @ 7.0% cap · market cap 5.83%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
280
Businesses Nearby
52k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Shops & Services 49%
United Dairy Farmers
Shops & Services
18,462 visits/mo
0.1 miles
McDonald's
Dining
17,019 visits/mo
0.0 miles
Taco Bell
Dining
4,404 visits/mo
0.1 miles
SUBWAY
Dining
2,740 visits/mo
0.5 miles
AutoZone
Shops & Services
2,261 visits/mo
0.4 miles
Demographics for 45107, OH
9,806
Population
3,656
Households
2.7
Avg Household Size
41
Median Age
12%
College-Educated
89%
High-School Grad
80.6 sq mi
ZIP Area
122
Density / Sq Mi
$65,625
Median Household Income
$33,915
Median Earnings
$918
Median Rent
$196,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - A former banking area at street level is paired with finished living quarters above.
Where is this mixed-use property located?
The property is located at 101 E Main Street Blanchester, OH.
What is the asking price?
The asking price for this property is $350,000.
What are key features of this property?
This property features: 1,950‑square‑foot mixed‑use building on a 0.038‑acre parcel; Finished living space occupies the upper floor; Former bank space is located on the main level
