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    118 Center St Fostoria, OH 44830

    For Sale
    $124,900

    Retail, Apartments & High Visibility

    Property size:
    5,600 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    315
    This exceptional commercial property at 118 W CENTER Street, Fostoria, OH, presents a unique investment opportunity in a prime downtown location. The building boasts 5,600 square feet situated on a 0.07-acre lot, offering significant versatility. The main floor provides ample retail space, ideal for a variety of businesses, generating immediate rental income or serving as a perfect space for your own enterprise. Upstairs, the property features two well-maintained apartments: a larger two-bedroom, one-bathroom unit and a smaller, one-bedroom, one-bathroom unit, providing additional income streams. A full basement offers substantial storage space, adding to the property's overall functionality. Recent improvements enhance the property's value and longevity, including a rubber roof installed in 2011 and updated electrical panels, ensuring peace of mind for the new owner. The high-visibility location in downtown Fostoria guarantees excellent exposure for any business operating from the main floor, while the residential units provide a stable rental income. This property is perfect for investors seeking a strong return or entrepreneurs looking to establish their business in a thriving downtown area. The combination of retail and residential units makes this a truly versatile and attractive investment. The asking price is $124,900.

    Property Features for 118 Center St

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,600 SF
    Lot Size
    3,049 SF

    Building Details

    Year Built
    1900
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    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
    Fostoria
    County
    Seneca
    State
    Ohio
    Longitude
    -83.41489
    Latitude
    41.15784

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    FAQs

    What type of property is this?
    Commercial real estate - Retail, Apartments & High Visibility
    Where is this commercial real estate located?
    The property is located at 118 Center St Fostoria, OH.
    What is the asking price?
    The asking price for this property is $124,900.
    (419) 443-7653
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    118 Center St Fostoria, OH 44830
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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
    118 Center St Fostoria, OH 44830
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