Health Food Retail
For Sale
$650,000
104 W Gambier Street, Mount Vernon, OH 43050
Commercial Sale, Mount Vernon, OH
Property Size5,976 SF
Lot Size0.09 Acres
Price / SF$108.77
Days on Market49
Property Features for 104 W Gambier Street
General Information
Property type
Residential
Property subtype
Retail
Standard status
Active
APN
66-05901.000
Size
5,976 SF
Lot size
0.09 Acres
Tenancy & Operations
Currently Operating
Yes
Business Included
Yes
Taxes and HOA fees
Tax Year
2025
Tax Annual Amount
1730
Utilities
Utilities
Electricity Available
Sewer type
Public Sewer
Water source
Public
Building Details
Floors in Building
1
Listing Agency:
Red 1 Realty
(614) 585-9020
Listed By:
Jayme McDonald · License #2017002672
(740) 398-7326
Added: Sep 15
Changed: Nov 1
Last Checked: Nov 2 at 4:06AM
MLS# 226035158
Copyright © 2026 Columbus and Central Ohio Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This Mount Vernon commercial property combines an operating health food and nutritional business with the underlying real estate, inventory, and business assets. The first floor provides almost 3,000 square feet of retail space along with a cooler and office area. The upper level is unfinished, offering additional interior space within the existing building. The property contains 5,976 square feet on a 0.09-acre lot at 104 W Gambier Street. Public water and public sewer serve the site, with electricity available. The business, inventory, and real estate are offered together.
Key Highlights
- Business, inventory, and real estate included together
- Almost 3,000 square feet of first‑floor retail space
- Cooler and office area included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$23,233
Cap Rate
3.57%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,660
$464.7K
Cap Rate 7%
$331,900
$331.9K
Cap Rate 9%
$258,144
$258.1K
Market Conditions
NOI Build-Up for 5,976 SF
Gross rent
$34.4K $5.76/SF
− Vacancy
−$1.2K −$0.21/SF
EGI
$33.2K $5.55/SF
− OpEx
−$10.0K −$1.67/SF
NOI
$23.2K $3.89/SF
Area
Knox County, OH
Vacancy
3.58%
Lease Rate
$5.76 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$464,660
Cap Rate 7%
$331,900
Cap Rate 9%
$258,144
Alternative Uses
Best Use
Specialty Retail
$1.67M
$1.46M – $1.94M
NOI $116,682 @ 7.0% cap · market cap 17.95%
Second Best
Retail
$331.9K
$290.4K – $387.2K
NOI $23,233 @ 7.0% cap · market cap 3.57%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
986
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43050, OH
29,594
Population
13,416
Households
2.2
Avg Household Size
42
Median Age
25%
College-Educated
93%
High-School Grad
154.1 sq mi
ZIP Area
192
Density / Sq Mi
$65,044
Median Household Income
$38,709
Median Earnings
$933
Median Rent
$199,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Baker's IGA — 524 S Main St, Mt Vernon, OH 43050
Frequently Asked Questions
What type of property is this?
Grocery and convenience store - Established health food business with retail, cooler, and office areas.
Where is this grocery and convenience store located?
The property is located at 104 W Gambier Street Mount Vernon, OH.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Business, inventory, and real estate included together; Almost 3,000 square feet of first‑floor retail space; Cooler and office area included
