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    24 S Main St London, OH 43140

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    For Sale
    $385,000

    Move-in ready commercial retail building in the heart of Downtown.

    Property size:
    3,089 SF
    Lot size:
    0.07 Acres

    Property Features for 24 S Main St

    General Information

    Size
    3,089 SF
    Lot size
    0.07 Acres

    Source: Westwood Commercial Real Estate Agent Douglas D. Smith

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

    Overview

    Renovated Retail Building in Downtown

    This beautifully renovated commercial retail building is located in the heart of Downtown London. The property features hardwood floors throughout. The rear of the space includes two bathrooms, a stock room, and a basement. Located in the Historic District of downtown London, the building is in proximity to significant redevelopment, including renovated apartments and new storefronts. The space benefits from lots of natural light via skylights and large storefront windows. Abundant street parking is available. The roof and furnace have been replaced in the last 10 years, and the entire property was gutted and renovated in 2012. The space is equipped with ceiling fans throughout, a sound system, and ADT security, and is well insulated. This property offers an excellent owner-user opportunity or investment. The property has 3089 square feet of space.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Relevant Co Art Gallery Cultiva Corporate Office

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    London
    County
    Madison
    State
    Ohio
    Longitude
    -83.4476447
    Latitude
    39.8857972

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    FAQs

    What type of property is this?
    Storefront property - Move-in ready commercial retail building in the heart of Downtown.
    Where is this storefront property located?
    The property is located at 24 S Main St London, OH.
    What is the asking price?
    The asking price for this property is $385,000.
    What are key features of this property?
    This property features: - Move-in ready, renovated commercial retail building in Downtown London.; - Excellent Owner-User Opportunity or investment with a potential of 7%+ CAP Rate.; - Located in the Historic District, near significant redevelopment.
    (614) 869-7139
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    24 S Main St London, OH 43140
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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
    24 S Main St London, OH 43140
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