Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Building Details

Year Built 1947

Stories 1

Listed By: Tiffany Mather Show Phone

Source: Quality-realty

Added: Jul 9 Changed: Oct 3 Last Checked: Oct 7 at 8:32AM

Report an Issue

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 Tiffany Mather

Investment Insights

Based on property information with market context.

This one-story commercial property includes 16,985 square feet within a building constructed in 1947. The improvements were previously used for bowling and lounge operations and include existing furniture, fixtures, and equipment. A separate entrance and separate utilities serve the restaurant side, creating distinct areas within the building. D5 and D6 liquor licenses are included.

The 0.7520-acre site occupies the northwest corner of Main Street and South Street in Huron, Ohio, with a 183x198 site configuration. Commercial zoning supports the property’s existing hospitality and entertainment profile, while the building layout may accommodate continued bowling-related use or other commercial concepts supported by the existing improvements.

Key Highlights

• 16,985 SF one‑story commercial building constructed in 1947
• 0.7520‑acre corner site at Main Street and South Street
• Previously operated as a bowling alley and lounge

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$56,858

Cap Rate

8.12%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,137,160 $1.1M

Cap Rate 7%

$812,257 $812.3K

Cap Rate 9%

$631,756 $631.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 16,985 SF

Gross rent

$99.5K $5.86/SF

− Vacancy

−$8.6K −$0.50/SF

EGI

$91.0K $5.36/SF

− OpEx

−$34.1K −$2.01/SF

NOI

$56.9K $3.35/SF

Area

Erie County, OH

Vacancy

8.60%

Lease Rate

$5.86 /SF/Yr

Expense Ratio

37.50%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$1,137,160

Cap Rate 7%

$812,257

Cap Rate 9%

$631,756

Alternative Uses

Best Use

Specialty Retail

$3.51M

$3.07M – $4.09M (±1% cap)

NOI $245,584 @ 7.0% cap · market cap 35.09%

Second Best

Mixed Use

$812.3K

$710.7K – $947.6K (±1% cap)

NOI $56,858 @ 7.0% cap · market cap 8.12%

Theoretical Best

Multifamily LT 5

$186.92M

$163.55M – $218.07M (±1% cap)

NOI $13,084,270 @ 7.0% cap · market cap 1,869.45%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Bowling alleys

Suggested Use

Top Pick Law Firm Plumbing Service Bakery Furniture & Home Goods HVAC Service Dental Office

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

337

Businesses Nearby

18k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 96% Dining 4%

BP Shops & Services

5,894 visits/mo 0.4 miles

Dollar Tree Shops & Services

4,286 visits/mo 0.4 miles

Huntington Bank Shops & Services

3,414 visits/mo 0.3 miles

Sunoco Shops & Services

3,050 visits/mo 0.4 miles

Valley Ford Of Huron, Inc Shops & Services

1,062 visits/mo 0.4 miles

Demographics for 44839, OH

12,472

Population

6,786

Households

1.8

Avg Household Size

50

Median Age

40%

College-Educated

97%

High-School Grad

36.1 sq mi

ZIP Area

345

Density / Sq Mi

$77,377

Median Household Income

$40,250

Median Earnings

$888

Median Rent

$234,700

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Similar For Sale Nearby

See more

Marina With Rack Storage

400 Huron Street, Huron, OH 44839

Contact for pricing

19,415 SF

View details

Multi-Building Manufacturing Property

730 River Rd, Huron, OH 44839

Contact for pricing

View details

Charter School Building

2401 Sawmill Pkwy, Huron, OH 44839

Contact for pricing

40,006 SF

View details

Industrial Property for Sale

1611 Sawmill Pkwy, Huron, OH 44839

Contact for pricing

99,036 SF

View details

Frequently Asked Questions

What type of property is this?

Bowling alley - One-story commercial building with retained furniture, fixtures, equipment, and separate restaurant-side access and utilities.

Where is this bowling alley located?

The property is located at 125 Main Street Huron Huron, OH.

What is the asking price?

The asking price for this property is $699,900.

What are key features of this property?

This property features: 16,985 SF one‑story commercial building constructed in 1947; 0.7520‑acre corner site at Main Street and South Street; Previously operated as a bowling alley and lounge