One-Floor Office/Retail
For Sale
Contact for pricing
Pending
1256 E Main St, Ashland, OH 44805
Single-floor, handicap-accessible building with multiple office rooms for office or retail operations.
Property Size3,600 SF
Days on Market133
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Property Features for 1256 E Main St
General Information
Standard status
Pending
Size
3,600 SF
Taxes and HOA fees
Annual Taxes
$4,959
Building Details
Year Built
2000
Stories
1
Listing Agency:
Coldwell Banker Ward Real Estate
(419) 281-2000
Listed By:
Tyler Jarvis
(419) 606-9168
Source:
Exprealty
Added: Jun 5
Changed: Oct 12
Last Checked: Oct 15 at 2:51AM
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 Ward Real Estate
Investment Insights
Based on property information with market context.
Located at 1256 E Main St, Ashland, OH, this building offers a flexible layout suited to office or retail use. The structure is a single-floor configuration with no stairs and is handicap accessible.
The interior includes multiple office rooms, which can support a variety of professional and service-oriented tenants. Constructed in 2000 by Simonson Builders, the property was developed as a purpose-built commercial building with one level for straightforward day-to-day access.
For tenants, the all-on-one-floor design can simplify customer flow and employee movement, while the separate rooms provide usable space for offices, consults, or secondary work areas. For buyers or operators evaluating an office or retail footprint, this property’s straightforward layout and accessible features offer a practical option that can align with both professional and storefront needs, subject to applicable use requirements.
The interior includes multiple office rooms, which can support a variety of professional and service-oriented tenants. Constructed in 2000 by Simonson Builders, the property was developed as a purpose-built commercial building with one level for straightforward day-to-day access.
For tenants, the all-on-one-floor design can simplify customer flow and employee movement, while the separate rooms provide usable space for offices, consults, or secondary work areas. For buyers or operators evaluating an office or retail footprint, this property’s straightforward layout and accessible features offer a practical option that can align with both professional and storefront needs, subject to applicable use requirements.
Key Highlights
- 1800 sq ft building designed for office or retail use
- Single‑floor layout with no stairs for easier access
- Handicap accessible building
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,514
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,280
$650.3K
Cap Rate 7%
$464,486
$464.5K
Cap Rate 9%
$361,267
$361.3K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$48.4K $13.44/SF
− Vacancy
−$1.9K −$0.54/SF
EGI
$46.4K $12.90/SF
− OpEx
−$13.9K −$3.87/SF
NOI
$32.5K $9.03/SF
Area
Ashland County, OH
Vacancy
4.00%
Lease Rate
$13.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$650,280
Cap Rate 7%
$464,486
Cap Rate 9%
$361,267
Alternative Uses
Best Use
Office B
$492.5K
$430.9K – $574.6K
NOI $34,474 @ 7.0% cap · market cap 957.61%
Second Best
Retail
$464.5K
$406.4K – $541.9K
NOI $32,514 @ 7.0% cap · market cap 903.17%
Theoretical Best
Office A
$679.4K
$594.4K – $792.6K
NOI $47,555 @ 7.0% cap · market cap 1,320.97%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
263
Businesses Nearby
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Business Placement
Demographics for 44805, OH
31,238
Population
13,248
Households
2.4
Avg Household Size
41
Median Age
25%
College-Educated
92%
High-School Grad
151.1 sq mi
ZIP Area
207
Density / Sq Mi
$62,058
Median Household Income
$35,122
Median Earnings
$835
Median Rent
$165,000
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office units - Single-floor, handicap-accessible building with multiple office rooms for office or retail operations.
Where is this office units located?
The property is located at 1256 E Main St Ashland, OH.
What are key features of this property?
This property features: 1800 sq ft building designed for office or retail use; Single‑floor layout with no stairs for easier access; Handicap accessible building
