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Storefront Building with Basement

115 Canal Street, Bolivar, OH 44612

For Sale
$53,000

A rear room, kitchenette, and private restroom complement the customer-facing area.

Property Size616 SF
Price / SF$86.04
Days on Market69

Property Features for 115 Canal Street

General Information

Standard status Active
Size 616 SF
Property subtype Commercial
Zoning Commercial

Taxes and HOA fees

Annual Taxes $260

Amenities

live-edge counter
Buck Stove ventless fireplace
kitchenette area
private restroom
basement storage

Building Details

Building Size 616 SF
Year Built 1900
Listing Agency: Barnett Inc. Realtors
Listed By: Howard Winland
Source: Kimberlysrealtycorp
Added: Sep 3 Changed: Nov 7 Last Checked: Nov 9 at 9:42PM

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 Barnett Inc. Realtors

Rey
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Investment Insights

Based on property information with market context.

This storefront building dates to 1900 and includes a live-edge counter and a Buck Stove ventless fireplace. A separate rear room is paired with a kitchenette and private restroom. The basement provides additional storage and access for future utility and mechanical work.

The property is zoned Commercial.

Key Highlights

  • Built in 1900
  • Live‑edge counter at the front of the building
  • Buck Stove ventless fireplace

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$4,570
Cap Rate
8.62%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$91,400 $91.4K
Cap Rate 7%
$65,286 $65.3K
Cap Rate 9%
$50,778 $50.8K
Market Conditions
NOI Build-Up for 616 SF
Gross rent
$6.8K $11.04/SF
− Vacancy
−$272 −$0.44/SF
EGI
$6.5K $10.60/SF
− OpEx
−$2.0K −$3.18/SF
NOI
$4.6K $7.42/SF
Area
Tuscarawas County, OH
Vacancy
4.00%
Lease Rate
$11.04 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$91,400
Cap Rate 7%
$65,286
Cap Rate 9%
$50,778

Alternative Uses

Best Use
Retail
$65.3K
$57.1K – $76.2K (±1% cap)
NOI $4,570 @ 7.0% cap · market cap 8.62%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$114.8K
$100.4K – $133.9K (±1% cap)
NOI $8,035 @ 7.0% cap · market cap 15.16%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

The cigar Box (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Dental Office HVAC Service Bakery (Bike/Boat/Book/etc) Store Pharmacy Law Firm

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

149
Businesses Nearby
3k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Huntington Bank Shops & Services
2,639 visits/mo 0.0 miles

Demographics for 44612, OH

5,443
Population
2,296
Households
2.4
Avg Household Size
44
Median Age
31%
College-Educated
95%
High-School Grad
26.5 sq mi
ZIP Area
205
Density / Sq Mi
$84,632
Median Household Income
$43,817
Median Earnings
$792
Median Rent
$244,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Similar Off Market Nearby

  • The Wandering Wildflower LLc — 127 Canal St, Bolivar, OH 44612

Frequently Asked Questions

What type of property is this?
Storefront property - A rear room, kitchenette, and private restroom complement the customer-facing area.
Where is this storefront property located?
The property is located at 115 Canal Street Bolivar, OH.
What is the asking price?
The asking price for this property is $53,000.
What are key features of this property?
This property features: Built in 1900; Live‑edge counter at the front of the building; Buck Stove ventless fireplace
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Includes: Price & PSF · Cap rate · Location · Zoning

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