Warehouse Storage Building with Overhead
129 W Sandusky Avenue Bellefontaine, OH 43311
For Sale
$250,000
COMMERCIAL - Bellefontaine, OH
Property Size5,500 SF
Lot Size0.30 Acres
Price / SF$45.45
Days on Market686
Property Features for 129 W Sandusky Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Standard status
Active
APN
170911220028000
Size
5,500 SF
Lot size
0.30 Acres
Taxes and HOA fees
Tax Year
2023
Utilities
Sewer type
Public Sewer
Building Details
Year built
1920
Building materials
Stone, Wood Siding
Listing Agency:
Bell Hankins Realty Group, LLC
(937) 935-2450
Listed By:
Heidi Baker · License #2018000866
(937) 935-2450
Added: Sep 12, 2024
Changed: Jul 8
Last Checked: Jul 29 at 6:06AM
MLS# 1034334
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This warehouse storage building offers approximately 5,500 square feet with clear, functional dimensions of 55 x 100. The space is supported by a concrete floor and full utilities. A convenient 10 x 10 overhead electric door provides vehicle access for loading and unloading, making the layout well-suited to day-to-day storage and operational needs.
The property is located at 129 W Sandusky Avenue in Bellefontaine, Ohio, with access described as just off Sandusky Avenue. The listing also highlights signage visibility, which can help businesses maintain presence in a downtown setting.
For prospective buyers, this is a straightforward warehouse asset with on-site vehicle access, hard-surface interior flooring, and utilities already in place. Its single-building configuration and practical loading feature make it a good fit for operators seeking a dedicated storage facility or a flexible space for ongoing warehouse-style use in Bellefontaine.
The property is located at 129 W Sandusky Avenue in Bellefontaine, Ohio, with access described as just off Sandusky Avenue. The listing also highlights signage visibility, which can help businesses maintain presence in a downtown setting.
For prospective buyers, this is a straightforward warehouse asset with on-site vehicle access, hard-surface interior flooring, and utilities already in place. Its single-building configuration and practical loading feature make it a good fit for operators seeking a dedicated storage facility or a flexible space for ongoing warehouse-style use in Bellefontaine.
Key Highlights
- Prime downtown Bellefontaine location.
- 5,500 sq ft warehouse space (55 x 100).
- Excellent signage visibility off Sandusky Avenue.
Financial Insights For Industrial
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 | $35.3k | $6.41 |
| − Vacancy | −$3.0k | −$0.54 |
| EGI | $32.3k | $5.87 |
| − OpEx | −$9.7k | −$1.76 |
| NOI | $22.6k | $4.11 |
5,500 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 30.00%
Alternative Uses
Best Use
Warehouse
$392.1K
$343.1K – $457.4K
NOI $27,444 @ 7.0% cap · market cap 10.98%
Second Best
Industrial
$322.9K
$282.5K – $376.7K
NOI $22,601 @ 7.0% cap · market cap 9.04%
Theoretical Best
Office A
$1.11M
$971.5K – $1.30M
NOI $77,716 @ 7.0% cap · market cap 31.09%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Personal Units 4U — 127 E Columbus Ave, Bellefontaine, OH 43311
- A & A Storage — 106 N Detroit St, Bellefontaine, OH 43311
- Stow-Away Storage Bellefontaine — 1143 Co Rd 130, Bellefontaine, OH 43311
Frequently Asked Questions
What type of property is this?
Warehouse - Standalone warehouse includes a 10x10 electric overhead door and concrete floors, supporting a range of storage and light operations.
Where is this warehouse located?
The property is located at 129 W Sandusky Avenue Bellefontaine, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Prime downtown Bellefontaine location.; 5,500 sq ft warehouse space (55 x 100).; Excellent signage visibility off Sandusky Avenue.
