Retail Building with Parking
134 North Main Street Hubbard, OH 44425
134 North Main Street, Hubbard, OH, 44425
$239,000
For Sale
$239,000
Downtown retail storefront with rear work area, unfinished basement, and an outbuilding, plus a private drive-around parking lot.
Property Size1,800 SF
Lot Size0.33 Acres
Price / SF$132.78
Days on Market46
Property Features for 134 North Main Street
General Information
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.33 Acres
- Property subtype
- Land / Commercial
Listing agency
Howard Hanna
(330) 718-2912
Listed by
Tim Hopkinson · License #2013003579
(330) 718-2912
Source
Compass
Added: Jun 7 Updated: Jul 22 at 12:33AM Checked: Jul 22 at 8:45AM
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 Howard Hanna
Investment Insights
Based on property information with market context.
This retail-focused commercial building was built in 1965 and is described as having been specifically used for candy production. The property includes a front retail storefront and a spacious rear work area suitable for a range of commercial uses. An unfinished basement features a half bath, utility area, and storage.
The building also includes an additional outbuilding measuring 22 by 16 for extra storage or workspace. The site totals 0.33 acres and provides a private parking lot with a full drive-around layout encircling the building.
A rear green space is noted, with stated expansion possibilities in the downtown setting.
The building also includes an additional outbuilding measuring 22 by 16 for extra storage or workspace. The site totals 0.33 acres and provides a private parking lot with a full drive-around layout encircling the building.
A rear green space is noted, with stated expansion possibilities in the downtown setting.
Key Highlights
- 1,800 SF commercial building at 134 N Main St, Hubbard, built in 1965 for candy production
- Front retail storefront plus spacious rear work area for a variety of commercial uses
- Unfinished basement includes a half bath, utility area, and storage space
Local 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 | $25.9k | $14.40 |
| − Vacancy | −$1.1k | −$0.60 |
| EGI | $24.8k | $13.80 |
| − OpEx | −$7.4k | −$4.14 |
| NOI | $17.4k | $9.66 |
1,800 SF · lease $14.40/SF/yr · vacancy 4.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$248.3K
$217.3K – $289.7K
NOI $17,382 @ 7.0% cap · market cap 7.27%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$341.7K
$299.0K – $398.6K
NOI $23,916 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Storefront properties
Similar For Sale Nearby
Similar Off Market Nearby
- Green's Floral Shop — 42 N Main St, Hubbard, OH 44425
- The Orange Poppy — 304 N Main St, Hubbard, OH 44425
FAQs
What type of property is this?
Storefront property - Downtown retail storefront with rear work area, unfinished basement, and an outbuilding, plus a private drive-around parking lot.
Where is this storefront property located?
The property is located at 134 North Main Street Hubbard, OH.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: 1,800 SF commercial building at 134 N Main St, Hubbard, built in 1965 for candy production; Front retail storefront plus spacious rear work area for a variety of commercial uses; Unfinished basement includes a half bath, utility area, and storage space
