Main Street Storefront with Display
115 E Main Street, Cridersville, OH 45806
For Sale
$99,900
A 1,300-square-foot retail property in Cridersville includes a functional shop layout and prominent front windows.
Property Size1,300 SF
Price / SF$76.85
Days on Market15
Property Features for 115 E Main Street
General Information
Standard status
Size
Zoning
Additional Details
Business Included
Currently Operating
Taxes and HOA fees
Annual Taxes
Amenities
Wood
true
1
Public
3450
23x150
0.08
On Street,Public
Paved
City Street
1300
Building Details
Building Size
Year Built
Stories
Listing Agency:
Berkshire Hathaway Professional Realty
Listed By:
Dewey Mullett
Source:
Koehlerrealty
Added: Oct 26
Changed: Nov 9
Last Checked: Nov 8 at 8:27PM
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 Berkshire Hathaway Professional Realty
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This 1,300-square-foot storefront at 115 E Main Street has large front display windows and a retail-oriented interior layout. Built in 1930, the building is zoned 373 RETAIL SINGLE OCCUP.
The property is on Main Street in Cridersville, less than a mile from I-75. Public and on-street parking are available.
The property is on Main Street in Cridersville, less than a mile from I-75. Public and on-street parking are available.
Key Highlights
- 1,300 square feet of retail space
- Large front display windows
- Zoned 373 RETAIL SINGLE OCCUP
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$5,159
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$103,180
$103.2K
Cap Rate 7%
$73,700
$73.7K
Cap Rate 9%
$57,322
$57.3K
Market Conditions
NOI Build-Up for 1,300 SF
Gross rent
$7.6K $5.88/SF
− Vacancy
−$274 −$0.21/SF
EGI
$7.4K $5.67/SF
− OpEx
−$2.2K −$1.70/SF
NOI
$5.2K $3.97/SF
Area
Allen 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%
$103,180
Cap Rate 7%
$73,700
Cap Rate 9%
$57,322
Alternative Uses
Best Use
Retail
$73.7K
$64.5K – $86.0K
NOI $5,159 @ 7.0% cap · market cap 5.16%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$313.1K
$274.0K – $365.3K
NOI $21,919 @ 7.0% cap · market cap 21.94%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Location Intelligence
Trade Area within ½ mile
16
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 45806, OH
11,238
Population
4,792
Households
2.3
Avg Household Size
45
Median Age
26%
College-Educated
95%
High-School Grad
62.5 sq mi
ZIP Area
180
Density / Sq Mi
$82,160
Median Household Income
$50,883
Median Earnings
$972
Median Rent
$189,800
Median Home Value
Market
Average Price Trend$/SF for Storefront properties in Allen County, OH
Properties on Market for Storefront properties in Allen County
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Storefront property - A 1,300-square-foot retail property in Cridersville includes a functional shop layout and prominent front windows.
Where is this storefront property located?
The property is located at 115 E Main Street Cridersville, OH.
What is the asking price?
The asking price for this property is $99,900.
What are key features of this property?
This property features: 1,300 square feet of retail space; Large front display windows; Zoned 373 RETAIL SINGLE OCCUP
