1140 Main St Urbana, OH 43078-1024
This exceptional commercial property, located at 1140 N Main Street, Urbana, OH, presents a lucrative investment opportunity. Situated on a full acre comprised of four parcels along busy US Highway 68, this M1-zoned property boasts high traffic counts, ideal for a variety of businesses. The property includes three buildings totaling 9,120 square feet. The main building at 1140 N Main Street, encompassing 4,800 square feet, is currently leased to an auto repair business. An adjacent 2,280-square-foot Quonset hut at 1142 N Main Street is also leased to the same tenant. Both buildings at 1140 and 1142 generate a combined monthly rental income of $2,250. A separate 2,040-square-foot building at 1146 N Main Street, leased as an auto body shop, provides an additional $450 in monthly rental income. Permitted uses include car lots, auto repair, manufacturing, warehousing, and office space. Conditionally permitted uses include restaurants, childcare facilities, storage, and non-commercial recreation. The 4,800 sq ft building at 1140 N Main Street features two newer furnaces and two air compressors. This property offers the unique opportunity to operate your own business while leveraging existing rental income streams, or to lease all buildings individually for maximum return. The possibilities are vast. Priced at $725,000.
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Don's Auto Auto Repair Shop
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.