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    368 Richland Ave Athens, OH 45701

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    For Sale
    $410,000

    High-traffic location with re-use potential near Ohio University.

    Property size:
    1,465 SF
    Lot size:
    0.58 Acres

    Property Features for 368 Richland Ave

    General Information

    Size
    1,465 SF
    Lot size
    0.58 Acres

    Source: The Athens Real Estate Company Agent Jeanette Ammon

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

    Overview

    Prime Commercial Building Near University

    Located in a high-traffic area of Athens, near Ohio University's sports venues, this 1,465-square-foot commercial building presents re-use potential. Formerly a bank branch, the property could be adapted for use as a professional office, restaurant, coffee shop, or retail space. A drive-up window offers carry-out potential. The property includes at least 30 parking spaces and two entrances/exits from Richland Avenue. The surrounding area includes widened roads and turn lanes. The building is vacant and privately owned.
    Insight Report Location Intelligence

    Current Use by Public Records

    Hocking Valley Bank Atm

    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
    Athens
    County
    Athens
    State
    Ohio
    Longitude
    -82.1045966
    Latitude
    39.3155378

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    FAQs

    What type of property is this?
    Bank - High-traffic location with re-use potential near Ohio University.
    Where is this bank located?
    The property is located at 368 Richland Ave Athens, OH.
    What is the asking price?
    The asking price for this property is $410,000.
    What are key features of this property?
    This property features: - High-traffic location near Ohio University sports venues.; - Versatile re-use potential (office, restaurant, retail, etc.).; - Drive-up window for carry-out service.
    (740) 416-1045
    Request Owner's contact information
    368 Richland Ave Athens, OH 45701
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    Athens, OH 45701
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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
    368 Richland Ave Athens, OH 45701
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