Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    356 Main St Wellsville, OH 43968

    View on Map
    Loading data...
    Loading data...
    Loading data...
    For Sale
    Contact for pricing

    Mixed-use property for sale at auction.

    Lot size:
    0.03 Acres

    Property Features for 356 Main St

    General Information

    Lot size
    0.03 Acres

    Building Details

    Year built
    1930

    We can help!

    Listing Contact
    Jeremy Bates
    Jeremy Bates
    Source: Cbcworldwide

    Listing Agent: Jeremy Bates

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

    Learn more

    Overview

    Mixed-Use Property Auction

    A mixed-use property is scheduled for auction on Wednesday, March 18th, 2026, at 12:00 PM. A preview of the property will be available at an open house on February 18th, 2026, from 12:00 PM to 2:00 PM. The seller reserves the right to accept a pre-auction offer prior to the auction date. The property is sold in its current condition. The auction will take place at 1901 Clark St, Wellsville, OH 43698. The property is situated on 0.03 acres.
    Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Wellsville
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.6422037
    Latitude
    40.6094712

    Nearby Similar for Sale

    • $100,000
      1,656 SF

      Wellsville Multi-Family Home For Sale

      Multi-family home with two units, newer features, great rental potential.
      1751 Crawford Ave, Wellsville, OH 43968
      View Details
    • $500,000
      1.62 Acres

      Profitable Store with Apartment, Garage

      Successful convenience store with apartment and garage for sale.
      17408 Sr 45, Wellsville, OH 43968
      View Details
    • Contact for pricing
      0.09 Acres

      Wellsville, OH - Auction Property

      Auction property in Wellsville, OH. Preview on 02/18/26.
      1017 Commerce St, Wellsville, OH 43968
      View Details
    • Contact for pricing

      Retail Space Auction in Wellsville

      Retail space for sale at auction in Wellsville, Ohio.
      1017 Commerce St, Wellsville, OH 43968
      View Details
    • $600,000

      Wellsville Motel Value-Add Opportunity

      Operating multifamily asset with motel license and value-add potential.
      1901 Clark Ave, Wellsville, OH 43968
      View Details
    • $545,000

      Equipped Foundry and Warehouse Facility

      3.48-acre industrial site with foundry, warehouse, and office space.
      18150 Fife Coal Rd, Wellsville, OH 43968
      View Details
    • Contact for pricing

      Mixed-Use Property Auction in Wellsville

      Mixed-use property for sale via auction on March 18, 2026.
      439 Main St, Wellsville, OH 43968
      View Details
    • Contact for pricing
      2,266 SF

      Wellsville, OH NNN Retail Property

      Long-term NNN lease with annual rental increases and renewal options.
      556 Main St, Wellsville, OH 43968
      View Details
    • Contact for pricing
      8,000 SF

      Established Retail Property For Sale

      Retail property with long-term tenant and minimal landlord responsibilities.
      1230 Main St, Wellsville, OH 43968
      View Details
    • $315,000
      2,448 SF

      Prime Wellsville Car Wash & Land

      Profitable Car Wash, High-Traffic Location
      205 Wells Avenue Ext, Wellsville, OH 43968
      View Details
    • $59,900
      0.26 Acres

      Prime Wellsville Commercial Property

      Former Bank Building - Huge Potential
      565 Main St, Wellsville, OH 43968
      View Details
    • $299,500
      0.28 Acres

      Turnkey Ice Cream Shop, Wellsville, OH

      Established Business, Highway Frontage, Updated
      41582 State Rte 39 Hwy, Wellsville, OH 43968
      View Details

    FAQs

    What type of property is this?
    Mixed-use property - Mixed-use property for sale at auction.
    Where is this mixed-use property located?
    The property is located at 356 Main St Wellsville, OH.
    What is the asking price?
    The asking price for this property is $1.00.
    What are key features of this property?
    This property features: - Auction Date: Mark your calendar for March 18th, 2026.; - Open House: Join us February 18th, 2026 (12:00-2:00pm).; - Seller may consider pre-auction offers.
    (216) 299-8799
    Request Owner's contact information
    356 Main St Wellsville, OH 43968
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    356 Main St
    Wellsville, OH 43968
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    356 Main St Wellsville, OH 43968
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    We can help!
    Listing Contact
    Jeremy Bates
    Jeremy Bates
    Real Estate License ID: OH2006002500
    (216) 299-8799 (216) 535-0191
    Learn more
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!