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    1470 N Bridge St Chillicothe, OH 45601

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    For Sale
    $5,801,000

    Two-tenant retail building with long-term leases in Chillicothe, Ohio.

    Property size:
    72,010 SF
    Lot size:
    25.57 Acres

    Property Features for 1470 N Bridge St

    General Information

    Size
    72,010 SF
    Lot size
    25.57 Acres

    Source: Goodman Real Estate Agent Kyle Hartung

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

    Overview

    Two-Tenant Retail Building For Sale

    Available for sale to qualified investors is a two-tenant building located in Chillicothe, Ohio. The property is adjacent to a 94,000-square-foot Rural King retail store. The building has a total property size of 72,010 square feet. One tenant is Adena Health System, occupying 49,366 square feet with 9 years of guaranteed lease term remaining. The other tenant is Ashley HomeStore, whose 10-year lease term commences in the fall of 2023.
    Insight Report Location Intelligence

    Current Use by Public Records

    Ashley Hendricks Nurse Practitioner Matthew Weaver Nurse Practitioner Alandra Howard Nurse Practitioner Codee Mash Nurse Practitioner Rural King Farm Equipment Supplier

    Suggested Use

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

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

    Similar Places Nearby

    Chillicothe Mall, Hobby lobby, Zane Plaza Shopping Center

    Location Insight

    • Map
    • Local Demand
    City
    Chillicothe
    County
    Ross
    State
    Ohio
    Longitude
    -82.976084
    Latitude
    39.3651613

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    FAQs

    What type of property is this?
    Shopping center - Two-tenant retail building with long-term leases in Chillicothe, Ohio.
    Where is this shopping center located?
    The property is located at 1470 N Bridge St Chillicothe, OH.
    What is the asking price?
    The asking price for this property is $5,801,000.
    What are key features of this property?
    This property features: - Long-term lease with Adena Health System (9 years remaining) provides stable income.; - **Anchored by Adena Health System and Ashley HomeStore, increasing property value.**; - Ashley HomeStore's 10-year lease commencing in Fall 2023 adds to long-term income security.
    (216) 381-8200
    Request Owner's contact information
    1470 N Bridge St Chillicothe, OH 45601
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    Chillicothe, OH 45601
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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
    1470 N Bridge St Chillicothe, OH 45601
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