106 Myers St, Creston, OH
Two buildings totaling 4,592 SF on 1.34 acres.
- Added:
- Sep 17, 2025
- Days on Market:
- 270
- Last Refresh:
- May 20 at 8:58 pm
Property Features for 106 Myers St
General Information
- Standard status
- Active
- Size
- 2,400 SF
- Lot size
- 0.46 Acres
- Property subtype
- RETAIL
Listing agent Steve Burgess License #2024002005 (330) 327-3393
Listing office Cutler Real Estate | Commercial (330) 327-3393
Listing date Sep 17, 2025
Source Moodyscre
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 Cutler Real Estate | Commercial
HighLights
- Opportunity to acquire property.
- Two parcels totaling 1.34 acres.
- Two buildings on the property.
- 2,192 sf front building suitable for retail, production, or office use.
- 2,400 sf open shop space in rear building.
- Property located in Creston.
Overview
Local Financial Insights For Retail
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 | $36.0k | $15.00 |
| − Vacancy | −$1.5k | −$0.63 |
| EGI | $34.5k | $14.37 |
| − OpEx | −$10.3k | −$4.31 |
| NOI | $24.1k | $10.06 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Creston
- County
- Wayne
- State
- Ohio
- Longitude
- -81.9008
- Latitude
- 40.9753
