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Multi-Unit Corner Commercial Building
For Sale
$150,000

122-124 Pennsylvania Avenue Wellston, Wellston, OH 45692

Multi-tenant property on a high-visibility corner lot with restaurant, retail, and office spaces in one building.

Property Size4,400 SF
Price / SF$34.09
Days on Market53

Property Features for 122-124 Pennsylvania Avenue Wellston

General Information

Standard status Active
Size 4,400 SF

Taxes and HOA fees

Annual Taxes $2,651

Amenities

No
0.05
4400.0

Building Details

Building Size 4,400 SF
Year Built 1986
Stories 2
Listing Agency:
Listed By: Penny Ray
Source: Movenowohio
Added: Jun 30 Changed: Aug 8 Last Checked: Aug 21 at 4:08AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Penny Ray

Investment Insights

Based on property information with market context.

This multi-unit commercial building includes restaurant, retail, and office or mixed-use space in a single structure. A restaurant space of approximately 1,400 square feet was previously operated as a restaurant and may be adaptable for food-service or other commercial uses. The property also features a retail space with corner exposure, along with office space consisting of multiple office units. According to the provided information, each floor offers approximately 1,382 square feet.

The building sits on a high-visibility corner lot at 122-124 Pennsylvania Avenue in Wellston, Ohio, with retail frontage at a busy intersection. The overall site configuration supports multiple customer-facing uses and a blend of professional occupancy within the same property.

For tenants, the layout can support a food-service operator in the existing restaurant space, while the retail portion may fit a service-oriented or retail business seeking corner exposure. For buyers and operators, the combination of multiple office spaces and street-facing commercial areas provides flexibility to manage different day-to-day operations under one ownership. The information also notes flexible future use options for the office/mixed-use component.

Key Highlights

  • Multi‑tenant commercial property on a 0.05‑acre high‑visibility corner lot
  • 3,?400 sq ft total building area (4400.0 SF) built in 1986
  • Restaurant space approx. 1,400 SF previously operated as a restaurant

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Big Box & Wholesale Store HVAC Service Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

309
Businesses Nearby
Under-served
Demand for This Use

Demographics for 45692, OH

8,460
Population
3,782
Households
2.2
Avg Household Size
41
Median Age
11%
College-Educated
84%
High-School Grad
81.6 sq mi
ZIP Area
104
Density / Sq Mi
$52,449
Median Household Income
$41,226
Median Earnings
$769
Median Rent
$112,900
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Multi-tenant property on a high-visibility corner lot with restaurant, retail, and office spaces in one building.
Where is this conventional restaurant located?
The property is located at 122-124 Pennsylvania Avenue Wellston Wellston, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Multi‑tenant commercial property on a 0.05‑acre high‑visibility corner lot; 3,?400 sq ft total building area (4400.0 SF) built in 1986; Restaurant space approx. 1,400 SF previously operated as a restaurant
More about this property
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