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    450 Western Ave Lewisburg, OH 45338

    For Sale
    $650,000

    Shell building suitable for warehouse, self-storage, or brewery.

    Property size:
    10,320 SF

    Property Features for 450 Western Ave

    General Information

    Size
    10,320 SF

    Source: Scott Kaster Agent Scott Kaster

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Shell Building Near I-70

    The property consists of a building that was under construction to be a restaurant, brewery, and retail store, but construction was stopped midway. Currently, the building's outer shell is completed, with windows installed, roof insulation installed, a mezzanine installed, as well as some drainage and sidewalks. The building is in shell condition and has 10,320 square feet, plus a mezzanine, on a 7.602-acre lot. The property is located just off I-70 at the point of Lewisburg Western Rd and W Clay St and has access from two roads, Clay St and Western Ave. It is an ideal project for someone to step in and finish the building as a warehouse, self-storage facility, or even a brewery.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Lost Railroad Brewhaus Brewery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    Lewisburg Self Storage, Lewisburg Industrial Park Lewisburg Self Storage, Harvestland Cooperative, A & B Mini Storage LLC

    Location Insight

    • Map
    • Local Demand
    City
    Lewisburg
    County
    Preble
    State
    Ohio
    Longitude
    -84.5443417
    Latitude
    39.8460066

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      Prime Lewisburg Industrial Facility

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      Lewisburg Industrial Building

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    FAQs

    What type of property is this?
    Warehouse - Shell building suitable for warehouse, self-storage, or brewery.
    Where is this warehouse located?
    The property is located at 450 Western Ave Lewisburg, OH.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Large 7.602-acre parcel with development potential.; - 10,320 SF building with installed mezzanine.; - Excellent location with easy access to I-70.
    (937) 673-4366
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    450 Western Ave Lewisburg, OH 45338
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