Six-Room Office
For Sale
Contact for pricing
114 S Main Street, Findlay, OH 45840
Renovated interior finishes and front and rear entrances support a range of commercial layouts.
Property Size1,500 SF
Price / SF$1.03
Days on Market155
Property Features for 114 S Main Street
General Information
Standard status
Active
Size
1,500 SF
Property subtype
Office
Building Details
Year Built
1880
Listing Agency:
Northwest Real Estate Services
Listed By:
Curt Sigg
(419) 438-8898
Source:
Nwohiohomes
Added: May 29
Changed: Oct 30
Last Checked: Oct 30 at 2:01AM
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 Northwest Real Estate Services
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Investment Insights
Based on property information with market context.
This office unit in downtown Findlay offers approximately 1,500 square feet arranged across six rooms, along with one restroom. Updated carpet and decor give the space refreshed interior finishes. Front and rear doors provide separate points of entry, and parking is available.
The property is at 114 S Main Street in Findlay, Ohio. Its layout is identified as suitable for office, retail, cosmetic, or food-service use.
The property is at 114 S Main Street in Findlay, Ohio. Its layout is identified as suitable for office, retail, cosmetic, or food-service use.
Key Highlights
- Approximately 1,500 square feet across six rooms
- One restroom
- Front and rear doors
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,953
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,060
$119.1K
Cap Rate 7%
$85,043
$85.0K
Cap Rate 9%
$66,144
$66.1K
Market Conditions
NOI Build-Up for 1,500 SF
Gross rent
$8.8K $5.88/SF
− Vacancy
−$316 −$0.21/SF
EGI
$8.5K $5.67/SF
− OpEx
−$2.6K −$1.70/SF
NOI
$6.0K $3.97/SF
Area
Hancock County, OH
Vacancy
3.58%
Lease Rate
$5.88 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$119,060
Cap Rate 7%
$85,043
Cap Rate 9%
$66,144
Alternative Uses
Best Use
Office B
$205.2K
$179.6K – $239.4K
NOI $14,364 @ 7.0% cap · market cap 926.71%
Second Best
Retail
$85.0K
$74.4K – $99.2K
NOI $5,953 @ 7.0% cap · market cap 384.06%
Theoretical Best
Specialty Retail
$418.4K
$366.1K – $488.1K
NOI $29,288 @ 7.0% cap · market cap 1,889.55%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1,280
Businesses Nearby
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Business Placement
Demographics for 45840, OH
54,901
Population
25,396
Households
2.2
Avg Household Size
40
Median Age
33%
College-Educated
95%
High-School Grad
166.5 sq mi
ZIP Area
330
Density / Sq Mi
$64,076
Median Household Income
$42,546
Median Earnings
$934
Median Rent
$203,800
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Renovated interior finishes and front and rear entrances support a range of commercial layouts.
Where is this office unit located?
The property is located at 114 S Main Street Findlay, OH.
What are key features of this property?
This property features: Approximately 1,500 square feet across six rooms; One restroom; Front and rear doors
