Downtown Multi-Storefront
112 Main St Ripley, OH 45167
For Sale
$250,000
Versatile commercial building with three storefronts, offering flexible space for retail, office, or service use.
Property Size1,178 SF
Price / SF$212.22
Days on Market164
Property Features for 112 Main St
General Information
- Standard status
- Active
- Size
- 1,178 SF
Listing Agency:
Plum Tree Realty
(513) 313-8907
Listed By:
Michael W Jennings
(513) 313-8907
Source:
Exprealty
Added: Feb 10
Changed: Jul 23
Last Checked: Jul 23 at 10:00AM
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 Plum Tree Realty
Investment Insights
Based on property information with market context.
This for-sale commercial building features three storefronts and a versatile layout intended to support a range of business uses. The property is suited to owner-occupants or investors looking for adaptable commercial space, with the storefront configuration supporting independent street-facing presence.
Located at 112 Main St in Ripley, the building offers downtown positioning with street presence. Public remarks describe strong visibility and a flexible floor plan, making it a practical fit for retail, office, restaurant, boutique, salon, or other service-business concepts.
With three storefront units, the building provides a straightforward commercial configuration for tenants or buyers seeking multiple street-level spaces within a single property.
Located at 112 Main St in Ripley, the building offers downtown positioning with street presence. Public remarks describe strong visibility and a flexible floor plan, making it a practical fit for retail, office, restaurant, boutique, salon, or other service-business concepts.
With three storefront units, the building provides a straightforward commercial configuration for tenants or buyers seeking multiple street-level spaces within a single property.
Key Highlights
- Versatile 3‑storefront commercial building in downtown Ripley
- Flexible space suitable for retail, office, restaurant, boutique, salon, service business, or investment use
- Strong street presence with flexible floor plan options for different business layouts
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 | $25.3k | $21.48 |
| − Vacancy | −$6.4k | −$5.43 |
| EGI | $18.9k | $16.05 |
| − OpEx | −$4.7k | −$4.01 |
| NOI | $14.2k | $12.03 |
1,178 SF · lease $21.48/SF/yr · vacancy 25.30% · expense 25.00%
Alternative Uses
Best Use
Office B
$202.5K
$177.2K – $236.3K
NOI $14,176 @ 7.0% cap · market cap 5.67%
Second Best
Retail
$66.8K
$58.4K – $77.9K
NOI $4,675 @ 7.0% cap · market cap 1.87%
Theoretical Best
Office A
$232.9K
$203.8K – $271.7K
NOI $16,304 @ 7.0% cap · market cap 6.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar Off Market Nearby
- Ripley Florist — 24 Main St, Ripley, OH 45167
FAQs
What type of property is this?
Storefront property - Versatile commercial building with three storefronts, offering flexible space for retail, office, or service use.
Where is this storefront property located?
The property is located at 112 Main St Ripley, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Versatile 3‑storefront commercial building in downtown Ripley; Flexible space suitable for retail, office, restaurant, boutique, salon, service business, or investment use; Strong street presence with flexible floor plan options for different business layouts
