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    Commercial Land with Building Title is generated by Realmo AI

    1045-1049 N Main Street, Bellefontaine, OH 43311

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    For Sale
    $395,000

    Multi-parcel commercial site with a renovated office, retail, studio, and showroom building plus large paved parking.

    Type:General Commercial
    Property size:
    1,625 SF
    Price / SF:
    $243/SF
    Added:
    Jun 2, 2026
    Days on Market:
    23
    Last Refresh:
    Jun 20 at 3:28 am

    Property Features for 1045-1049 N Main Street

    General Information

    Standard status
    Active
    Size
    1,625 SF
    Property subtype
    General Commercial

    Building Details

    Year Built
    1930

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    Malia Hughes
    Malia Hughes

    Listing office Key Realty

    Listing date Jun 2, 2026

    Source Xome

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Key Realty

    HighLights

    • 1049 N. Main Street commercial building plus 3 parcels totaling approximately 1 acre at the north end of Bellefontaine
    • Actively zoned B2 and B3, offering flexibility for a range of commercial uses and future development
    • Renovated professional building with office, retail, studio, and showroom space
    • Large paved parking lot with parking included on a lot with 3 parcels and paved/public asphalt road access
    • Central air cooling and heating system listed (Heating: 3); built in 1930

    Overview

    This offering includes three parcels totaling approximately one acre at 1045–1049 N Main Street, providing a combination of land and a well-maintained professional building. The building is offered with ample space suitable for office, retail, studio, or showroom use, and the property has numerous updates completed for a move-in-ready environment. A large paved parking lot supports convenient access for customers, clients, and employees.

    Located at the north end of Bellefontaine, the site is positioned for strong visibility and offers convenient access to State Route 33. The property is described as being in a high-traffic corridor, supporting a retail, service, or professional presence that benefits from day-to-day exposure.

    With active zoning of B2 and B3, the property is positioned to accommodate a range of business and redevelopment directions. Prospective tenants, buyers, and operators can evaluate the existing building footprint for immediate occupancy options, while the land component provides flexibility for future expansion or related improvements, subject to applicable approvals.

    Local Financial Insights For Office B

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $35.0k $21.53
    − Vacancy −$8.4k −$5.15
    EGI $26.6k $16.38
    − OpEx −$6.7k −$4.10
    NOI $20.0k $12.29
    1,625 SF · lease $21.53/SF/yr · vacancy 23.90% · expense 25.00%

    Alternative Uses

    Best Use
    Office B
    $285.3K
    $249.6K – $332.8K (±1% cap)
    NOI $19,968 @ 7.0% cap · market cap 5.06%
    Second Best
    Retail
    $90.9K
    $79.5K – $106.0K (±1% cap)
    NOI $6,361 @ 7.0% cap · market cap 1.61%
    Theoretical Best
    Office A
    $328.0K
    $287.0K – $382.7K (±1% cap)
    NOI $22,962 @ 7.0% cap · market cap 5.81%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Commercial land

    Suggested Use

    Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bellefontaine
    County
    Logan
    State
    Ohio
    Longitude
    -83.7565298
    Latitude
    40.3763075

    FAQs

    What type of property is this?
    Commercial land - Multi-parcel commercial site with a renovated office, retail, studio, and showroom building plus large paved parking.
    Where is this commercial land located?
    The property is located at 1045-1049 N Main Street Bellefontaine, OH.
    What is the asking price?
    The asking price for this property is $395,000.
    What are key features of this property?
    This property features: 1049 N. Main Street commercial building plus 3 parcels totaling approximately 1 acre at the north end of Bellefontaine; Actively zoned B2 and B3, offering flexibility for a range of commercial uses and future development; Renovated professional building with office, retail, studio, and showroom space
    More about this property
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