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    124 S Pearl St Granville, OH 43023

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    For Lease
    $3,000 /Mo ($15 SF/Yr)

    Flexible residential or commercial space in the heart of Granville.

    Property size:
    2,326 SF
    Lot size:
    0.08 Acres

    Property Features for 124 S Pearl St

    General Information

    Size
    2,326 SF
    Lot size
    0.08 Acres

    Source: SHAI-Hess Commercial Real Estate Agent Brandon Hess

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

    Overview

    Updated Granville Property with Charm

    Located at 124 Pearl Street in Granville, this updated property combines historic charm with modern convenience, offering flexible use as a residential home or commercial office space. Constructed in 1904, the building retains original woodwork and wood floors. The main level features a spacious kitchen, a half bath with laundry facilities, and front and back staircases. The second floor includes five bedrooms and two full bathrooms, one of which has a walk-in shower. The property provides 2,326 square feet of space on a 0.15-acre lot. Outdoor features include a large front porch, a two-car garage, and off-street parking. The property is located in the heart of Granville.
    Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Granville
    County
    Licking
    State
    Ohio
    Longitude
    -82.5165885
    Latitude
    40.0685739

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    FAQs

    What type of property is this?
    Office space - Flexible residential or commercial space in the heart of Granville.
    Where is this office space located?
    The property is located at 124 S Pearl St Granville, OH.
    What is the lease rate?
    The lease rate is $15 SF/Yr.
    What are key features of this property?
    This property features: - Prime location in the heart of Granville.; - Flexible use as residential home or commercial office space.; - Updated with modern conveniences while preserving historic charm (built in 1904, original woodwork, wood floors).
    (740) 587-7441
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    Granville, OH 43023
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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
    124 S Pearl St Granville, OH 43023
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