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    205 S Prospect St Granville, OH 43023

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    For Sale
    $235,000

    782 SF building in Granville's Village Business District.

    Property size:
    782 SF
    Lot size:
    990.00 Acres

    Property Features for 205 S Prospect St

    General Information

    Size
    782 SF
    Lot size
    990.00 Acres

    Source: SHAI-Hess Commercial Real Estate Agent J. Park Shai III

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

    Overview

    Charming Stand-Alone Building in Granville

    This charming 782 SF stand-alone building presents a unique investment opportunity within Granville’s Village Business District. Constructed in 1948, the property combines historic charm with practical functionality, making it suitable for office or professional use. Its compact size is ideal for a small business, private practice, or boutique operation seeking a distinctive space. The layout provides flexibility for various configurations, and the Village Business District zoning supports a wide range of permitted uses. This property offers an excellent opportunity for an owner-user or investor looking to establish a presence in a desirable commercial setting.
    Insight Report Location Intelligence

    Current Use by Public Records

    Granville Vision Center Optometrist Rosenberg & Ball Co., ... Law Firm

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Granville
    County
    Licking
    State
    Ohio
    Longitude
    -82.5186658
    Latitude
    40.0664325

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    FAQs

    What type of property is this?
    Office building - 782 SF building in Granville's Village Business District.
    Where is this office building located?
    The property is located at 205 S Prospect St Granville, OH.
    What is the asking price?
    The asking price for this property is $235,000.
    What are key features of this property?
    This property features: - Located in Granville’s highly desirable Village Business District.; - Versatile space suitable for office, professional use, or boutique operation.; - Flexible layout allows for a variety of configurations.
    (740) 404-0665
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    205 S Prospect St Granville, OH 43023
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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
    205 S Prospect St Granville, OH 43023
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