Restaurant Property with B-3
1130 N Main Street Bellefontaine, OH 43311
1130 N Main Street, Bellefontaine, OH, 43311
$475,000
For Sale
$475,000
Restaurant property offering B-3 General Business zoning with easy access to US Route 33.
Property Size3,344 SF
Price / SF$142.05
Days on Market1253
Property Features for 1130 N Main Street
General Information
- Standard status
- Active
- Size
- 3,344 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 2005
Listing Agency
Bell Hankins Realty Group, LLC
(937) 935-2450
Listed by
Julie Abraham
(937) 935-2450
Source
Xome
Added: Feb 13, 2023 Checked: Jul 20 at 1:43 am
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 Bell Hankins Realty Group, LLC
Investment Insights
Based on property information with market context.
This restaurant property is available for sale and is supported by B-3 General Business zoning. The property is configured for restaurant use.
Public remarks indicate easy access to US Route 33.
The asset is located at 1130 N Main Street, Bellefontaine, OH 43311.
Public remarks indicate easy access to US Route 33.
The asset is located at 1130 N Main Street, Bellefontaine, OH 43311.
Key Highlights
- Restaurant property with B‑3 General Business zoning
- Easy access to US Route 33
- Central Air cooling
Local Financial Insights For Specialty Retail
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 | $19.7k | $5.88 |
| − Vacancy | −$704 | −$0.21 |
| EGI | $19.0k | $5.67 |
| − OpEx | −$4.7k | −$1.42 |
| NOI | $14.2k | $4.25 |
3,344 SF · lease $5.88/SF/yr · vacancy 3.58% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$203.1K
$177.7K – $237.0K
NOI $14,219 @ 7.0% cap · market cap 2.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$675.0K
$590.7K – $787.5K
NOI $47,252 @ 7.0% cap · market cap 9.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Restaurant property offering B-3 General Business zoning with easy access to US Route 33.
Where is this conventional restaurant located?
The property is located at 1130 N Main Street Bellefontaine, OH.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Restaurant property with B‑3 General Business zoning; Easy access to US Route 33; Central Air cooling
