Retail and Office Building with
1045-1049 N Main Street Bellefontaine, OH 43311
For Sale
$395,000
COMMERCIAL - Bellefontaine, OH
Property Size1,625 SF
Lot Size1.00 Acre
Price / SF$243.08
Days on Market56
Property Features for 1045-1049 N Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Parking Lot
Basement
Full, Block
Standard status
Active
APN
170772004012000
Size
1,625 SF
Lot size
1.00 Acre
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Public Sewer
Heating system
Forced Air, Natural Gas
Cooling system
Central Air
Building Details
Year built
1930
Building materials
Vinyl Siding
Listing Agency:
Key Realty
(877) 539-7589
Listed By:
Malia K. Hughes · License #2008001822
(877) 539-7589
Added: Jun 3
Changed: Jul 24
Last Checked: Jul 28 at 1:06PM
MLS# 1046311
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
1045-1049 N Main Street in Bellefontaine, OH offers a well-maintained commercial building designed to support a range of business uses. The property includes ample space for office, retail, studio, or showroom concepts, and numerous updates have been completed to provide a move-in-ready environment. It sits on three parcels totaling approximately one acre, with a large paved parking lot for customers, clients, and employees.
The site is positioned at the north end of the city and is described as having strong visibility and convenient access to State Route 33. The property is actively zoned B2 and B3, providing flexibility for current use and future development within those zoning categories.
For buyers and tenants seeking an adaptable commercial footprint with parking and updated interior improvements, this offering combines multiple space configurations with B2/B3 zoning and highway-access convenience.
The site is positioned at the north end of the city and is described as having strong visibility and convenient access to State Route 33. The property is actively zoned B2 and B3, providing flexibility for current use and future development within those zoning categories.
For buyers and tenants seeking an adaptable commercial footprint with parking and updated interior improvements, this offering combines multiple space configurations with B2/B3 zoning and highway-access convenience.
Key Highlights
- Commercial property on a full acre at 1049 N. Main Street in Bellefontaine (north end of the city)
- Building features vinyl siding with natural gas forced‑air heat and central air conditioning
- Includes ample paved parking lot with parking lot parking features
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
NOI $19,968 @ 7.0% cap · market cap 5.06%
Second Best
Retail
$90.9K
$79.5K – $106.0K
NOI $6,361 @ 7.0% cap · market cap 1.61%
Theoretical Best
Office A
$328.0K
$287.0K – $382.7K
NOI $22,962 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Office building - Updated commercial building on three parcels, zoned B2/B3, with a large paved parking lot and multiple space types.
Where is this office building 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: Commercial property on a full acre at 1049 N. Main Street in Bellefontaine (north end of the city); Building features vinyl siding with natural gas forced‑air heat and central air conditioning; Includes ample paved parking lot with parking lot parking features
