Downtown London Retail
For Sale
$339,900
24 S Main St, London, OH 43140
Commercial retail storefront in revitalizing downtown London historic district.
Property SizeContact for details
Lot Size0.07 Acres
Days on Market620
Property Features for 24 S Main St
General Information
Standard status
Active
Lot size
0.07 Acres
Taxes and HOA fees
Annual Taxes
$850
Listing Agency:
The Westwood Real Estate Co.
(614) 869-7139
Listed By:
Douglas D Smith · License #2018005015
(614) 869-7139
Source:
Exprealty
Added: Dec 9, 2024
Changed: Aug 20
Last Checked: Aug 20 at 12:11PM
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 The Westwood Real Estate Co.
Investment Insights
Based on property information with market context.
Located in the heart of downtown London, 24 South Main Street is a commercial retail storefront situated within the historic district. The property benefits from ongoing downtown revitalization efforts, with significant investments being made in the core area. The building, suitable for either an owner-user or as an investment property, features hardwood floors throughout. Natural light fills the space through skylights and large storefront windows. Abundant street parking is available. The roof and furnace were replaced within the last 10 years, and the entire property was gutted and renovated in 2012. The space includes ceiling fans, a sound system, and security features. The property is in proximity to significant redevelopment, including renovated apartments and new storefronts.
Key Highlights
- Pro Forma Cap Rate of 7+%
- Prime location in the heart of Downtown London's revitalizing core.
- Completely renovated in 2012.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
613
Businesses Nearby
84k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 58%
Dining 42%
McDonald's
Dining
23,103 visits/mo
0.1 miles
Speedway
Shops & Services
15,233 visits/mo
0.2 miles
Taco Bell
Dining
10,101 visits/mo
0.2 miles
Huntington Bank
Shops & Services
9,257 visits/mo
0.1 miles
BP
Shops & Services
8,348 visits/mo
0.1 miles
Demographics for 43140, OH
24,030
Population
8,419
Households
2.9
Avg Household Size
41
Median Age
20%
College-Educated
87%
High-School Grad
219.9 sq mi
ZIP Area
109
Density / Sq Mi
$82,598
Median Household Income
$44,378
Median Earnings
$901
Median Rent
$228,000
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Commercial retail storefront in revitalizing downtown London historic district.
Where is this storefront property located?
The property is located at 24 S Main St London, OH.
What is the asking price?
The asking price for this property is $339,900.
What are key features of this property?
This property features: Pro Forma Cap Rate of 7+%; Prime location in the heart of Downtown London's revitalizing core.; Completely renovated in 2012.
