Storefront with Rear
For Sale
$600,000
26 32 N Broadway St, Lebanon, OH 45036
Two retail spaces are complemented by a private office and dedicated rear parking.
Property Size4,560 SF
Price / SF$131.58
Days on Market54
Property Features for 26 32 N Broadway St
General Information
Standard status
Active
Size
4,560 SF
Amenities
private office
dedicated rear parking lot
Building Details
Year Built
1950
Tenancy
Multi
Listing Agency:
Henkle-Schueler & Associates
Listed By:
Danielle Chandler
(513) 228-6233
Source:
Lovdalgroup
Added: Aug 14
Changed: Sep 5
Last Checked: Oct 6 at 12:17AM
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 Henkle-Schueler & Associates
Investment Insights
Based on property information with market context.
This 4,560-square-foot storefront property, built in 1950, contains two retail spaces occupied by boutique clothing retailers. A private office adds dedicated administrative space, while the rear parking lot provides on-site parking for the property.
The building is located at 26 32 N Broadway St in Lebanon, Ohio, within the city’s Historic Downtown district. The surrounding area includes shops, restaurants, and year-round events, with a walkable downtown setting that places the property among established commercial activity.
The building is located at 26 32 N Broadway St in Lebanon, Ohio, within the city’s Historic Downtown district. The surrounding area includes shops, restaurants, and year-round events, with a walkable downtown setting that places the property among established commercial activity.
Key Highlights
- Two retail spaces occupied by boutique clothing retailers
- Private office included within the property
- Dedicated rear parking lot
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$44,528
Cap Rate
7.42%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,560
$890.6K
Cap Rate 7%
$636,114
$636.1K
Cap Rate 9%
$494,756
$494.8K
Market Conditions
NOI Build-Up for 4,560 SF
Gross rent
$68.4K $15.00/SF
− Vacancy
−$4.8K −$1.05/SF
EGI
$63.6K $13.95/SF
− OpEx
−$19.1K −$4.19/SF
NOI
$44.5K $9.76/SF
Area
Warren County, OH
Vacancy
7.00%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$890,560
Cap Rate 7%
$636,114
Cap Rate 9%
$494,756
Alternative Uses
Best Use
Retail
$636.1K
$556.6K – $742.1K
NOI $44,528 @ 7.0% cap · market cap 7.42%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.02M
$891.2K – $1.19M
NOI $71,298 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
195
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45036, OH
41,060
Population
15,036
Households
2.7
Avg Household Size
39
Median Age
32%
College-Educated
92%
High-School Grad
81.2 sq mi
ZIP Area
506
Density / Sq Mi
$97,944
Median Household Income
$51,565
Median Earnings
$1,090
Median Rent
$317,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Storefront property - Two retail spaces are complemented by a private office and dedicated rear parking.
Where is this storefront property located?
The property is located at 26 32 N Broadway St Lebanon, OH.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Two retail spaces occupied by boutique clothing retailers; Private office included within the property; Dedicated rear parking lot
