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Property profile & analytics
OFF-MARKET
Warehouses

108 Main St Cadiz, OH 43907-1128

1,800 SF Built 1900
Individually Owned 1-yr Hold ~ Est. High Equity
Property ID
US66-4749728
Property summary
AI-generated overview

This exceptional mixed-use property, located at 108 S Main Street in the heart of Cadiz, OH, presents a compelling investment opportunity. The 1,800 square foot building sits on a 0.05-acre lot and is currently fully occupied, generating immediate rental income. The ground floor boasts a retail space, perfectly suited for a diverse range of businesses, and a one-bedroom, one-bathroom apartment. Upstairs, two additional spacious apartments are available, each featuring two bedrooms and one bathroom. This configuration provides a balanced mix of commercial and residential income streams, offering a stable and potentially lucrative investment. The property's prime downtown location ensures high visibility and accessibility, attracting both tenants and customers. The existing tenant occupancy minimizes vacancy risk and provides a solid foundation for future growth and potential appreciation. This turnkey investment is ready for immediate returns, making it an attractive option for seasoned investors seeking a reliable addition to their portfolio or for those new to commercial real estate looking for a strong start. The property's strong rental history and desirable location combine to create a compelling investment opportunity with significant long-term potential. The asking price is $319,900.

Property profile
Verified
Property type Warehouses
Use group MINI-WAREHOUSE, STORAGE
Year built 1900
Construction BRICK
Total area 1,800 SF
APN 05-0001900.000
UPID US66-4749728
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
James Coffelt · 1 yrs held
James Coffelt
since 2024
Last sale
$181,500
5 recorded transactions
2024
$187,000
2022
$181,500
2022
Price N/A
2017
$140,000
2016
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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