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    218 Belmore St Leipsic, OH 45856

    Sponsored
    For Sale
    $104,900

    Versatile Space, High Visibility, Prime Location

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    339
    This exceptional commercial property at 218 S BELMORE Street, Unit 218, Leipsic, OH, presents a unique investment opportunity. Situated on a 0.04-acre lot, this building offers 3,136 square feet of adaptable space, ideal for a variety of uses. Its prime location ensures excellent visibility and convenient access to the town's main thoroughfares, placing it within easy reach of local restaurants, medical facilities, and retail establishments. The first floor, encompassing 1,680 square feet, is thoughtfully designed with an open reception area and two to three private offices, complemented by a dedicated conference room and a convenient kitchenette/break area. Two restrooms are also located on this floor. A striking staircase leads from the front entrance to the expansive second floor, providing a blank canvas for customized development to suit your specific needs. The building boasts a well-maintained curb appeal, adding to its overall attractiveness. This property's versatility, combined with its strategic location and substantial square footage, makes it an exceptional prospect for businesses seeking a prominent presence in Leipsic. The asking price is $104,900.

    Property Features for 218 Belmore St

    General Information

    Property type
    Other commercial real estate
    Lot Size
    1,742 SF

    Building Details

    Year Built
    1920
    Property Profile Location Intelligence

    Current Use by Public Records

    UIS Insurance & Investments Insurance Agency Senior Citizens of Leipsic Senior Citizen Center

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Leipsic
    County
    Putnam
    State
    Ohio
    Longitude
    -83.98516
    Latitude
    41.09811

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    FAQs

    What type of property is this?
    Commercial real estate - Versatile Space, High Visibility, Prime Location
    Where is this commercial real estate located?
    The property is located at 218 Belmore St Leipsic, OH.
    What is the asking price?
    The asking price for this property is $104,900.
    (419) 523-4780
    Request Owner's contact information
    218 Belmore St Leipsic, OH 45856
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    Leipsic, OH 45856
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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
    218 Belmore St Leipsic, OH 45856
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