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Mixed-Use Commercial Building

107 N Main Street Georgetown, OH 45121

New
107 N Main Street, Georgetown, OH, 45121
$199,000
For Sale
Claim this Listing
$199,000

MULTI_FAMILY - Georgetown, OH

Property Size3,915 SF
Lot Size0.10 Acres
Price / SF$50.83
AddedJul 9
Days on Market7
Last RefreshJul 15 at 4:06 am

Property Features for 107 N Main Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
APN
33-067920.0000
Size
3,915 SF
Lot size
0.10 Acres

Utilities

Heating system
Electric (Heating)

Building Details

Year built
1902
Flooring type
Wood, Carpet
Building materials
Brick, Metal Siding
Roof type
Rolled Hot Mop, Membrane

Listing agent Jamie Ogden

Listing office Plum Tree Realty 9078 Union Centre Blvd Ste 350, West Chester, OH

Listing date Jul 9, 2026

MLS# 1885428

Copyright © 2026 MLS of Greater Cincinnati, Inc. 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.

This mixed-use commercial building offers a main level currently operating as a successful commercial business. A spacious second floor is available for a new owner’s vision, with flexibility for apartments, offices, or additional commercial space, subject to applicable approvals. Rear access provides convenient loading and unloading for commercial operations.

Located in the heart of historic Georgetown, the property sits on the Main Square in Brown County, Ohio. The current lease is described as offering flexibility for a future owner if owner occupancy is desired.

The building’s configuration supports both street-level business activity and additional space above, with practical rear access designed to accommodate day-to-day commercial needs.

Key Highlights

  • Commercial building on the Main Square in historic Georgetown, Brown County
  • Built in 1902 with brick and metal siding construction
  • Main level currently houses a commercial business

Local Financial Insights For Apartment 5plus

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 $31.5k $8.04
− Vacancy −$2.2k −$0.56
EGI $29.3k $7.48
− OpEx −$13.2k −$3.36
NOI $16.1k $4.11
3,915 SF · lease $8.04/SF/yr · vacancy 7.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$230.0K
$201.3K – $268.3K (±1% cap)
NOI $16,100 @ 7.0% cap · market cap 8.09%
Second Best
Retail
$222.0K
$194.2K – $259.0K (±1% cap)
NOI $15,537 @ 7.0% cap · market cap 7.81%
Theoretical Best
Office A
$774.1K
$677.3K – $903.1K (±1% cap)
NOI $54,185 @ 7.0% cap · market cap 27.23%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Retail space

Suggested Use

Building Supply Big Box & Wholesale Store Plumbing Service Bakery HVAC Service Garden Center Barber Shop (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Computer & Electronic Repair

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

FAQs

What type of property is this?
Residential income property - Main-level commercial space with a second-floor layout suited for apartments or offices, plus rear access for loading and unloading.
Where is this residential income property located?
The property is located at 107 N Main Street Georgetown, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Commercial building on the Main Square in historic Georgetown, Brown County; Built in 1902 with brick and metal siding construction; Main level currently houses a commercial business
Contact an agent
More about this property
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