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Multi-Tenant Storefront Property
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115 Washington Square, Bucyrus, OH 44820

Three commercial occupants are in place, and the unfinished upper level offers additional space for a potential apartment or commercial use.

Property SizeContact for details
Days on Market4

Property Features for 115 Washington Square

General Information

Standard status Active
Property subtype Retail, Mixed Use

Additional Details

Cap Rate 9.6%
Utilities to Site Yes

Building Details

Tenancy Multi
Listing Agency: Dream Huge Realty
Listed By: Bradley Willacker · License #OH 2020001054
Source: Crexi
Added: Sep 24 Changed: Sep 26 Last Checked: Sep 26 at 2:36PM

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 Dream Huge Realty

Investment Insights

Based on property information with market context.

The storefront property has three commercial tenants and an unfinished second floor that could be finished as an apartment or additional commercial space. Tenants cover all utilities except one water bill, which is paid by the owner. The offering is associated with a 9.6% cap rate, and leases are available for review.

Recent work includes a replacement rubber roof at 105 E Mansfield St, painting the metal roof at 115 Washington Square in 2025, and new siding and flashing on the east side of 105 E Mansfield St in 2026. On-street parking and a city parking lot immediately beside the property serve the location.

Key Highlights

  • Three commercial tenants in place
  • Unfinished second floor with potential for apartment or commercial space
  • Offered at a 9.6% cap rate; leases available for review

Property Analytics

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Current Use

Angle's Hair Salon

Suggested Use

Top Pick Real Estate Agency Electrical Service Gym & Fitness Center Furniture & Home Goods Daycare Center Cafe & Coffee Shop

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

Lease Details

Multi-tenant
Tenancy
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

730
Businesses Nearby
131k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 37% Groceries 18% Electronics 1%
Kroger Groceries
24,058 visits/mo 0.2 miles
Wendy's Dining
14,393 visits/mo 0.2 miles
Taco Bell Dining
12,184 visits/mo 0.4 miles
Circle K Shops & Services
11,260 visits/mo 0.3 miles
Speedway Shops & Services
9,914 visits/mo 0.3 miles

Demographics for 44820, OH

17,114
Population
7,982
Households
2.1
Avg Household Size
45
Median Age
14%
College-Educated
91%
High-School Grad
160.6 sq mi
ZIP Area
107
Density / Sq Mi
$56,942
Median Household Income
$38,073
Median Earnings
$742
Median Rent
$134,100
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
Rey
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Similar Off Market Nearby

  • Kroger Floral Department — 210 E Mary St, Bucyrus, OH 44820

Frequently Asked Questions

What type of property is this?
Storefront property - Three commercial occupants are in place, and the unfinished upper level offers additional space for a potential apartment or commercial use.
Where is this storefront property located?
The property is located at 115 Washington Square Bucyrus, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: Three commercial tenants in place; Unfinished second floor with potential for apartment or commercial space; Offered at a 9.6% cap rate; leases available for review
(419) 561-0404 Call to check price and availability
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