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    221 N Main St Bellefontaine, OH 43311

    For Sale
    $495,000

    Historic Elks Building, 8,700 sq ft, prime location

    Property size:
    8,700 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    308
    This iconic 8,700-square-foot building, located at 221 N Main Street in the heart of Bellefontaine, Ohio, presents a unique investment opportunity. Situated on a 0.56-acre lot, this property boasts exceptional visibility and accessibility, being steps away from a variety of amenities including Airbnbs, restaurants, coffee shops, and retail stores. The building itself retains its historic charm, featuring architectural details that reflect its rich past. A paved parking lot is included, along with a second parcel at the rear offering additional parking. The property includes a large commercial kitchen, complete with two walk-in coolers, ideal for catering, culinary businesses, or a restaurant. The second floor offers significant potential for adaptive reuse, with possibilities including bridal suites, artist studios, or co-working spaces. The B2 Downtown Business District zoning allows for a variety of commercial uses. The building's prime location within Bellefontaine's revitalizing downtown area offers a blend of small-town charm and big-city energy. This versatile space is perfect for hosting events, from weddings and parties to corporate gatherings. Existing floor plans and renderings from the current owner are available upon request. This is a chance to acquire a piece of Bellefontaine's history and transform it into a thriving commercial enterprise. The asking price is $495,000.

    Property Features for 221 N Main St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    8,700 SF
    Lot Size
    24,394 SF

    Building Details

    Year Built
    1945
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Dixon Firm Trial Attorney

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellefontaine
    County
    Logan
    State
    Ohio
    Longitude
    -83.75986
    Latitude
    40.36348

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    FAQs

    What type of property is this?
    Commercial real estate - Historic Elks Building, 8,700 sq ft, prime location
    Where is this commercial real estate located?
    The property is located at 221 N Main St Bellefontaine, OH.
    What is the asking price?
    The asking price for this property is $495,000.
    (937) 935-2450
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    221 N Main St Bellefontaine, OH 43311
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    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
    221 N Main St Bellefontaine, OH 43311
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