Retail Storefront in 3-Property
1300 West Main Street New Lebanon, OH 45345
For Sale
Contact for pricing
Storefront retail space offered for sale as part of a three-property portfolio.
Property Size9,014 SF
Price / SF$264.02
Days on Market54
Property Features for 1300 West Main Street
General Information
- Standard status
- Active
- Size
- 9,014 SF
- Property subtype
- Retail
Building Details
- Year Built
- 2006
Listing Agency:
Matthews
Listed By:
Eddie DeSimone · License #10410386411
Source:
Crexi
Added: Jun 1
Changed: Jul 23
Last Checked: Jul 23 at 3:25AM
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 Matthews
Investment Insights
Based on property information with market context.
This retail storefront property is being offered for sale as part of a three-property portfolio. The offering comprises a single retail space totaling 9,014 square feet.
The property is located at 1300 West Main Street in New Lebanon, Ohio. Public remarks indicate the asset is part of a multi-property group and has been in place for 5+ years.
The property is located at 1300 West Main Street in New Lebanon, Ohio. Public remarks indicate the asset is part of a multi-property group and has been in place for 5+ years.
Key Highlights
- Storefront retail space offered for sale as part of a three‑property portfolio
- Year built: 2006
- Public remarks note 5+ years
Financial Insights For 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 | $162.3k | $18.00 |
| − Vacancy | −$12.5k | −$1.39 |
| EGI | $149.8k | $16.61 |
| − OpEx | −$44.9k | −$4.98 |
| NOI | $104.8k | $11.63 |
9,014 SF · lease $18.00/SF/yr · vacancy 7.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.50M
$1.31M – $1.75M
NOI $104,831 @ 7.0% cap · market cap 4.40%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$85.26M
$74.60M – $99.46M
NOI $5,967,872 @ 7.0% cap · market cap 250.76%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Western Union
Bank
FedEx OnSite
Postal Service
Dollar General
Discount Store
FAQs
What type of property is this?
Storefront property - Storefront retail space offered for sale as part of a three-property portfolio.
Where is this storefront property located?
The property is located at 1300 West Main Street New Lebanon, OH.
What is the asking price?
The asking price for this property is $2,379,882.
What are key features of this property?
This property features: Storefront retail space offered for sale as part of a three‑property portfolio; Year built: 2006; Public remarks note 5+ years
