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    125 Main St Urbana, OH 43078

    Sponsored
    For Sale
    $350,000

    Historic Charm, High Return Potential

    Property size:
    8,556 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    337
    This exceptional mixed-use property, encompassing 8,556 square feet on a 0.05-acre lot, presents a rare opportunity in Urbana's vibrant historic downtown. The address includes both 125 N Main Street and 111 E Court Street, offering significant versatility and income potential. The building's three stories boast a thoughtfully designed layout. The ground floor features a substantial retail space currently under lease, generating immediate rental income. The upper two floors provide a large, open expanse, perfect for creative adaptation and renovation to suit a variety of uses, from residential lofts to additional commercial space. The property's prime location within the Downtown Urbana business district and its inclusion within the Designated Outdoor Refreshment Area (DORA) adds significant value and appeal. This is a chance to acquire a piece of Urbana's rich history and capitalize on its promising future. The asking price is $350,000. The existing lease on the ground floor provides a stable income stream while the upper floors offer considerable potential for expansion and development. Don't miss this chance to own a significant piece of Urbana's commercial landscape.

    Property Features for 125 Main St

    General Information

    Property type
    Mixed-use properties
    Square Feet
    8,556 SF
    Lot Size
    2,178 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Martin Insurance Agency Insurance Agency Lily's Garden Home Goods Store

    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
    Urbana
    County
    Champaign
    State
    Ohio
    Longitude
    -83.75223
    Latitude
    40.10898

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    FAQs

    What type of property is this?
    Mixed-use property - Historic Charm, High Return Potential
    Where is this mixed-use property located?
    The property is located at 125 Main St Urbana, OH.
    What is the asking price?
    The asking price for this property is $350,000.
    (937) 644-0047
    Request Owner's contact information
    125 Main St Urbana, OH 43078
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    Urbana, OH 43078
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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
    125 Main St Urbana, OH 43078
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