Versatile Zanesville Commercial
1927 Maysville Ave Zanesville, OH 43701
1927 Maysville Ave, Zanesville, OH, 43701
$1,500,000
For Sale
$1,500,000
10,000 SF building with medical office and retail potential.
Property Size10,000 SF
Price / SF$150
Days on Market140
Property Features for 1927 Maysville Ave
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1994
Listing agency
Coldwell Banker Commercial Aspire Realty Services
(614) 341-9800
Listed by
Kim Benincasa · License #SAL.2002002311
(614) 341-9800
Source
Cbcworldwide
Added: Mar 5 Updated: Jul 10 at 3:46PM Checked: Apr 9 at 9:00PM
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 Coldwell Banker Commercial Aspire Realty Services
Investment Insights
Based on property information with market context.
This 10,000 SF building features 5,000 SF of fully finished medical office space on the upper level and 5,000 SF of street-level space with two separate entrances. The lower level is currently unfinished, offering an excellent opportunity to expand the existing office or create a customized layout for medical, professional, or retail use. The property is zoned C-2 and C-4, allowing for a wide range of commercial applications, accommodating both professional and retail operations. Located at a signalized intersection, the property offers convenient access, high visibility, and strong potential for signage. The property is located in South Zanesville, along Maysville Avenue corridor (US-22/SR-93) near the intersection with Pine St. This commercial location offers exceptional visibility, accessibility, and exposure to steady local and commuter traffic. As one of the city’s primary connectors linking residential neighborhoods, schools, and retail destinations, the area supports a vibrant mix of retail, office, and service-oriented businesses. Just minutes from downtown Zanesville and I-70, it provides convenient regional access throughout Muskingum County while benefiting from established nearby anchors such as grocery, medical, dining, and professional services. The property is currently occupied by a medical tenant but will be delivered vacant at closing, providing immediate flexibility for an owner-user or investor. With its strong traffic counts, continuous customer flow, and proximity to both residential and commercial zones, the Maysville Avenue corridor represents one of Zanesville’s most active and high-growth areas for business success.
Key Highlights
- 10,000 SF office building with 5,000 SF of finished medical office space.
- Delivered vacant at closing, offering immediate flexibility.
- Located at a signalized intersection with high visibility and signage potential.
Local Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.0k | $21.60 |
| − Vacancy | −$18.6k | −$1.86 |
| EGI | $197.4k | $19.74 |
| − OpEx | −$79.0k | −$7.90 |
| NOI | $118.5k | $11.85 |
10,000 SF · lease $21.60/SF/yr · vacancy 8.60% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.69M
$1.48M – $1.97M
NOI $118,454 @ 7.0% cap · market cap 7.90%
Second Best
Office B
$1.60M
$1.40M – $1.87M
NOI $112,320 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,930 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. Elizabeth Stiegler
Alternative Medicine Practice
Dr. Andrew Stiegler
Alternative Medicine Practice
Stiegler Chiropractic and Rehabilitation
Alternative Medicine Practice
Similar For Sale Nearby
Similar Off Market Nearby
- Animal Crackers Veterinary Hospital — Springfield Township, OH 43701
- Maysville Animal Hospital — 1897 Pine St, Zanesville, OH 43701
- Smith Mary DVM — 1897 Pine St, Zanesville, OH 43701
- Smith Mike DVM — 1897 Pine St, Zanesville, OH 43701
FAQs
What type of property is this?
Medical Office Space - 10,000 SF building with medical office and retail potential.
Where is this medical office space located?
The property is located at 1927 Maysville Ave Zanesville, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10,000 SF office building with **5,000 SF of finished medical office space**.; Delivered vacant at closing, offering immediate flexibility.; Located at a **signalized intersection with high visibility and signage potential**.
