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    201 Chillicothe Ave Bellefontaine, OH 43311

    For Sale
    $350,000

    Iconic Downtown Building, 4,872 sq ft

    Property size:
    4,872 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This stunning 4,872 square foot landmark building, located at 201 W Chillicothe Avenue in Bellefontaine, Ohio, presents a unique investment opportunity. Originally dedicated in 1914 and constructed of durable grey Ohio sandstone, this former post office boasts impressive architectural details including tall ceilings, large windows providing abundant natural light, intricate ironwork, and ornate moldings. The property sits on a 0.33-acre lot and offers excellent visibility in a vibrant downtown area, surrounded by award-winning restaurants and specialty retail shops. Significant updates have been made to ensure both preservation and functionality, including a new Duralast roof installed in 2017 and a combination of new and updated windows. The versatile layout is well-suited for a variety of commercial uses, such as a boutique hotel, upscale restaurant, or art gallery. A public city parking lot is conveniently located within walking distance, providing ample parking for patrons and visitors. Priced at $350,000, this property offers a rare chance to own a piece of Bellefontaine's history and contribute to its continued revitalization. The building's inherent charm and prime location make it an exceptional investment prospect with significant potential for future growth and profitability.

    Property Features for 201 Chillicothe Ave

    General Information

    Property type
    Other commercial real estate
    Square Feet
    4,872 SF
    Lot Size
    14,375 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellefontaine
    County
    Logan
    State
    Ohio
    Longitude
    -83.76204
    Latitude
    40.35961

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    FAQs

    What type of property is this?
    Commercial real estate - Iconic Downtown Building, 4,872 sq ft
    Where is this commercial real estate located?
    The property is located at 201 Chillicothe Ave Bellefontaine, OH.
    What is the asking price?
    The asking price for this property is $350,000.
    (937) 935-2450
    Request Owner's contact information
    201 Chillicothe Ave Bellefontaine, OH 43311
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Chillicothe Ave Bellefontaine, OH 43311
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