130 Melmore St., Tiffin, OH 44883
- Added:
- Nov 13, 2025
- Days on Market:
- 232
- Last Refresh:
- Jul 3 at 2:06 pm
Property Features for 130 Melmore St.
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Standard status
- Active
- Lot size
- 0.34 Acres
Taxes and HOA fees
- Tax Annual Amount
- 6450
Building Details
- Year built
- 1936
Listing agent Christopher Cox (937) 581-3037
Listing office Ohio Real Estate Auctions LLC 5030 CALUM WAY, Grove City, OH (937) 581-3037
Listing date Nov 13, 2025
Copyright © 2026 My State MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1936‑built freestanding service building with approx. 1,280 SF, historically used as a neighborhood gas and tire/service station
- Approx. 0.34‑acre (+/-14,800 SF) paved lot with on‑site parking and outdoor storage options
- Corner commercial location on Melmore Street in Tiffin, positioned just off South Washington
- Flexible small‑footprint commercial space for automotive/service use or another retail concept (buyer to confirm zoning and allowable uses)
- Currently classified as service station/service to the general public; property sold as‑is, where‑is with buyer due diligence
- Not all photos are current; buyer to verify condition and details during due diligence
Overview
The property is positioned on a recognizable corner off South Washington in Tiffin. The surrounding area includes restaurants, retail, churches, and schools, and the listing describes the site as offering visibility and easy access with local traffic.
This asset suits an owner-user looking to continue automotive and service operations, or a buyer exploring repositioning for another service or retail concept. The lot’s paved configuration and outdoor space can support day-to-day service requirements for an automotive business, small contractor shop, or related service provider, subject to buyer confirmation of zoning and allowable uses. Buyer pays closing costs, and not all photos are current.
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 | $7.3k | $5.70 |
| − Vacancy | −$261 | −$0.20 |
| EGI | $7.0k | $5.50 |
| − OpEx | −$1.8k | −$1.37 |
| NOI | $5.3k | $4.12 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Tiffin
- County
- Seneca
- State
- Ohio
- Longitude
- -83.172754
- Latitude
- 41.106293
