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Mixed-Use Building with Storefront
For Sale
$129,900

38 E Main Street Shelby, Shelby, OH 44875

First-floor storefront previously used as a photography studio with a tenant-occupied upstairs apartment.

Property Size2,185 SF
Price / SF$59.45
Days on Market46

Property Features for 38 E Main Street Shelby

General Information

Standard status Active
Size 2,185 SF
Net Operating Income $6,600

Additional Details

Business Included Yes

Taxes and HOA fees

Annual Taxes $450

Amenities

No
Public
0.05
2185.0

Building Details

Building Size 2,185 SF
Year Built 1900
Stories 2
Listing Agency:
Listed By: Penny Ray
Source: Movenowohio
Added: Jul 7 Changed: Aug 16 Last Checked: Aug 21 at 4:04AM

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 Penny Ray

Investment Insights

Based on property information with market context.

This mixed-use building combines a flexible street-level storefront with residential space above. The ground-floor layout is suited for retail, office, or creative uses, and it was previously operated as a photography studio. Upstairs, there is a well-maintained 2-bedroom, 1-bath apartment. The apartment is occupied by a long-term tenant, providing existing rental income with the purchase.

The property is located at 38 E Main Street in Shelby, Ohio. Public remarks note strong visibility and convenient access in the heart of Shelby, supporting use by businesses seeking a storefront presence alongside residential rental.

For buyers, this is a single building configuration that can support both operating flexibility and residential tenancy. The storefront space can be repositioned for a variety of non-residential concepts, while the tenant-occupied apartment remains in place. For investors, the existing apartment tenancy offers current occupancy, and for owner-operators, the building provides the option to run a business below while maintaining residential income above. Please note that the seller indicated 48 hours are required to respond to offers, and that the agent is related to the seller.

Key Highlights

  • Mixed‑use building with a first‑floor storefront space previously used as a photography studio
  • Upstairs apartment is 2 bed / 1 bath and tenant‑occupied with a long‑term tenant in place
  • Total building area: 2,185 SF

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Spa & Massage Center Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby
42k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 70% Groceries 18% Dining 12%
BP Shops & Services
17,356 visits/mo 0.4 miles
Save-A-Lot Groceries
7,690 visits/mo 0.4 miles
Family Dollar Shops & Services
7,286 visits/mo 0.5 miles
Directions Credit Union Shops & Services
3,921 visits/mo 0.5 miles
SUBWAY Dining
3,044 visits/mo 0.5 miles

Demographics for 44875, OH

13,900
Population
6,211
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
93%
High-School Grad
81.5 sq mi
ZIP Area
171
Density / Sq Mi
$60,669
Median Household Income
$35,774
Median Earnings
$727
Median Rent
$146,500
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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - First-floor storefront previously used as a photography studio with a tenant-occupied upstairs apartment.
Where is this mixed-use property located?
The property is located at 38 E Main Street Shelby Shelby, OH.
What is the asking price?
The asking price for this property is $129,900.
What are key features of this property?
This property features: Mixed‑use building with a first‑floor storefront space previously used as a photography studio; Upstairs apartment is 2 bed / 1 bath and tenant‑occupied with a long‑term tenant in place; Total building area: 2,185 SF
More about this property
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