Updated Mixed-Use Property with
For Sale
$225,000
605 Putnam Ave, Zanesville, OH 43701
Historic brick building combines a residential home with an attached commercial suite and separate business entrance.
Property Size2,820 SF
Price / SF$79.79
Days on Market168
Property Features for 605 Putnam Ave
General Information
Standard status
Active
Size
2,820 SF
Amenities
fully fenced yard
spacious side lot
private driveway
large rear patio
Building Details
Year Built
1880
Buildings
1
Construction
brick
Listing Agency:
Town & Country
Listed By:
Camry Stoffel · License #2025000114
(479) 849-0085
Source:
Theacclaimedrealty
Added: Apr 24
Changed: Sep 2
Last Checked: Oct 7 at 3:03PM
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 Town & Country
Investment Insights
Based on property information with market context.
This 2,820-square-foot mixed-use property combines a residential home with an attached commercial suite. The residence includes four bedrooms and one full bathroom, while the commercial area is currently configured as a hair salon with its own entrance, half bathroom, mini-split heating and cooling, and dedicated breaker box. The building dates to 1880 and incorporates updated features within its historic brick construction.
The exterior includes a fully fenced yard, spacious side lot, private driveway, and large rear patio. The property is located at 605 Putnam Avenue in Zanesville, Ohio, providing a combined residential and commercial layout at a single address.
The exterior includes a fully fenced yard, spacious side lot, private driveway, and large rear patio. The property is located at 605 Putnam Avenue in Zanesville, Ohio, providing a combined residential and commercial layout at a single address.
Key Highlights
- 2,820‑square‑foot mixed‑use property
- Residential portion includes 4 bedrooms and 1 full bathroom
- Attached commercial suite currently operates as a hair salon
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$18,287
Cap Rate
8.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,740
$365.7K
Cap Rate 7%
$261,243
$261.2K
Cap Rate 9%
$203,189
$203.2K
Market Conditions
NOI Build-Up for 2,820 SF
Gross rent
$27.1K $9.60/SF
− Vacancy
−$948 −$0.34/SF
EGI
$26.1K $9.26/SF
− OpEx
−$7.8K −$2.78/SF
NOI
$18.3K $6.48/SF
Area
Muskingum County, OH
Vacancy
3.50%
Lease Rate
$9.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$365,740
Cap Rate 7%
$261,243
Cap Rate 9%
$203,189
Alternative Uses
Best Use
Mixed Use
$398.8K
$349.0K – $465.3K
NOI $27,918 @ 7.0% cap · market cap 12.41%
Second Best
Retail
$261.2K
$228.6K – $304.8K
NOI $18,287 @ 7.0% cap · market cap 8.13%
Theoretical Best
Office A
$612.1K
$535.6K – $714.1K
NOI $42,844 @ 7.0% cap · market cap 19.04%
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
Location Intelligence
Trade Area within ½ mile
252
Businesses Nearby
9k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Dollar General
Shops & Services
7,959 visits/mo
0.3 miles
U-Haul Moving & Trailer Hitch Center of Zanesville
Shops & Services
764 visits/mo
0.5 miles
Demographics for 43701, OH
55,361
Population
25,785
Households
2.1
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
180.5 sq mi
ZIP Area
307
Density / Sq Mi
$54,900
Median Household Income
$34,345
Median Earnings
$819
Median Rent
$164,200
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?
Mixed-use property - Historic brick building combines a residential home with an attached commercial suite and separate business entrance.
Where is this mixed-use property located?
The property is located at 605 Putnam Ave Zanesville, OH.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: 2,820‑square‑foot mixed‑use property; Residential portion includes 4 bedrooms and 1 full bathroom; Attached commercial suite currently operates as a hair salon
