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    283 Main St Fredericktown, OH 43019

    For Sale
    $749,900

    Massive mixed-use space, prime location.

    Property size:
    96,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    306
    This exceptional 96,000 square foot mixed-use property presents a rare investment opportunity in Fredericktown, OH. Situated on 4.2 acres and boasting road frontage on three streets, this expansive facility offers immense potential for a variety of businesses. Formerly the J.B. Foote Foundry Company, this historically significant property, dating back to 1851, comprises multiple buildings across five parcels, all securely enclosed within a fenced and gated area. The main building, the largest of the structures, features impressive ceiling heights ranging from 15 to 45 feet, providing ample vertical space. Two loading docks facilitate efficient material handling, while a 1-5 ton overhead crane and substantial electrical capacity (including three mineral-based transformers totaling over 3600KW) cater to heavy industrial needs. Over 60 parking spaces are available on-site. The property's environmental integrity has been thoroughly assessed, with EPA approval and completed Phase I and Phase II environmental site assessments. Additional rental income potential exists from the detached buildings. This unique property offers a blend of history, scale, and infrastructure, making it an ideal canvas for a wide range of commercial ventures. Its strategic location and extensive features make it a truly remarkable opportunity.

    Property Features for 283 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    96,000 SF
    Lot Size
    182,952 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel

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

    Location Insight

    • Map
    • Local Demand
    City
    Fredericktown
    County
    Knox
    State
    Ohio
    Longitude
    -82.54513
    Latitude
    40.48508

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    FAQs

    What type of property is this?
    Mixed-use property - Massive mixed-use space, prime location.
    Where is this mixed-use property located?
    The property is located at 283 Main St Fredericktown, OH.
    What is the asking price?
    The asking price for this property is $749,900.
    (614) 478-2121
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    283 Main St Fredericktown, OH 43019
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    Fredericktown, OH 43019
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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
    283 Main St Fredericktown, OH 43019
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