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Property profile & analytics
OFF-MARKET
Flex space

1140 Main St Urbana, OH 43078-1024

2,280 SF 0.26 ac lot Built 1965
Individually Owned 3-yr Hold Free & Clear
Property ID
US66-4395806
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1965
Total area 2,280 SF
Lot 0.26 ac (11,128 SF)
APN K48-25-00-04-06-008-00
UPID US66-4395806
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Don's Auto Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Jerrel W Dunham · 3 yrs held
Jerrel W Dunham
since 2023
2 recorded transactions
2023
Price N/A
2019
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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