Small Office Suite with
For Sale
Contact for pricing
109 S Main St, Bethel, OH 45106
Well-maintained small office suite with reception, multiple private offices, break/media area, and private off-street parking.
Property Size920 SF
Price / SF$135.76
Days on Market291
Property Features for 109 S Main St
General Information
Standard status
Active
Size
920 SF
Property subtype
OFFICE
Additional Details
Road Access
Yes
Listing Agency:
J. A. Trautmann Realtors
(513) 752-5000
Listed By:
Ben Trautmann
(513) 315-8629
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Sep 7
Last Checked: Sep 12 at 10:33AM
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 J. A. Trautmann Realtors
Investment Insights
Based on property information with market context.
This well-maintained small office suite is approximately 920 square feet and features a reception area, several small offices, a break area, and a media area. The space is described as nearly turn-key for many small businesses.
The property includes frontage and signage on Main St with visibility from the intersection of Plane Street. Private off-street parking is available, and the location is walkable to amenities in Bethel.
Configured for professional office use, the layout supports reception entry with separate smaller office rooms along with shared break and media space.
The property includes frontage and signage on Main St with visibility from the intersection of Plane Street. Private off-street parking is available, and the location is walkable to amenities in Bethel.
Configured for professional office use, the layout supports reception entry with separate smaller office rooms along with shared break and media space.
Key Highlights
- Approximately 920 SF small office suite in the heart of Bethel
- Reception area plus several small offices, break area, and media area
- Frontage and signage on Main St. with visibility from the intersection of Plane Street
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$8,659
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
6.93%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$173,180
$173.2K
Cap Rate 7%
$123,700
$123.7K
Cap Rate 9%
$96,211
$96.2K
Market Conditions
NOI Build-Up for 920 SF
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.
Gross rent
$15.5K $16.80/SF
− Vacancy
−$3.9K −$4.25/SF
EGI
$11.5K $12.55/SF
− OpEx
−$2.9K −$3.14/SF
NOI
$8.7K $9.41/SF
Area
Clermont County, OH
Vacancy
25.30%
Lease Rate
$16.80 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$173,180
Cap Rate 7%
$123,700
Cap Rate 9%
$96,211
Alternative Uses
Best Use
Office B
$123.7K
$108.2K – $144.3K
NOI $8,659 @ 7.0% cap · market cap 6.93%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$164.9K
$144.3K – $192.4K
NOI $11,546 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
Explore this area
Business Placement
Demographics for 45106, OH
11,855
Population
4,724
Households
2.5
Avg Household Size
43
Median Age
14%
College-Educated
91%
High-School Grad
73.7 sq mi
ZIP Area
161
Density / Sq Mi
$68,458
Median Household Income
$37,387
Median Earnings
$742
Median Rent
$203,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Office units - Well-maintained small office suite with reception, multiple private offices, break/media area, and private off-street parking.
Where is this office units located?
The property is located at 109 S Main St Bethel, OH.
What is the asking price?
The asking price for this property is $124,900.
What are key features of this property?
This property features: Approximately 920 SF small office suite in the heart of Bethel; Reception area plus several small offices, break area, and media area; Frontage and signage on Main St. with visibility from the intersection of Plane Street
