Brick Office Building with
For Sale
$629,000
1441 Saint Marys Avenue, Sidney, OH 45365
Commercial Sale, Sidney, OH
Property Size3,000 SF
Lot Size1.41 Acres
Price / SF$208
Days on Market225
Property Features for 1441 Saint Marys Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Parking features
Garage, Parking Lot
Basement
Partially Finished
Subdivision
Lr Oller Sub
Directions
From downtown Sidney, take Saint Marys Road west; property is located at the corner of Saint Marys and Russell Roads.
Standard status
Active
APN
011825126001
Size
3,024 SF
Lot size
1.41 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Public Sewer
Heating system
Electric (Heating), Forced Air, Baseboard
Amenities
sunroom
remodeled kitchen and break area
two fireplaces
Building Details
Year built
1900
Building materials
Brick
Listing Agency:
eXp Realty
Listed By:
Paula Hill
(937) 638-5867
Added: Mar 17
Changed: Oct 23
Last Checked: Oct 27 at 5:06PM
MLS# 1044348
Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
This brick office property in Sidney, Ohio, contains 3,024 square feet on a 1.41-acre corner parcel. The two-level layout includes five office rooms and a sunroom on the first floor, plus four office rooms and a landing room upstairs. A remodeled kitchen and break area support daily operations, while two fireplaces add distinctive interior character. Heating is provided by electric, baseboard, and forced-air systems, and the property is served by public sewer.
Zoned NC, Neighborhood Commerce, the site includes a large detached two-car garage and a parking lot. Built in 1900, the property combines a multi-room configuration with dedicated parking and adaptable commercial space.
Zoned NC, Neighborhood Commerce, the site includes a large detached two-car garage and a parking lot. Built in 1900, the property combines a multi-room configuration with dedicated parking and adaptable commercial space.
Key Highlights
- 3,024 square feet of office space on 1.41 acres
- NC, Neighborhood Commerce zoning
- Nine office rooms plus a first‑floor sunroom and second‑floor landing room
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$28,958
Cap Rate
4.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,160
$579.2K
Cap Rate 7%
$413,686
$413.7K
Cap Rate 9%
$321,756
$321.8K
Market Conditions
NOI Build-Up for 3,024 SF
Gross rent
$48.3K $15.96/SF
− Vacancy
−$9.7K −$3.19/SF
EGI
$38.6K $12.77/SF
− OpEx
−$9.7K −$3.19/SF
NOI
$29.0K $9.58/SF
Area
Shelby County, OH
Vacancy
20.00%
Lease Rate
$15.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$579,160
Cap Rate 7%
$413,686
Cap Rate 9%
$321,756
Alternative Uses
Best Use
Office B
$413.7K
$362.0K – $482.6K
NOI $28,958 @ 7.0% cap · market cap 4.60%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$843.5K
$738.1K – $984.1K
NOI $59,044 @ 7.0% cap · market cap 9.39%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
297
Businesses Nearby
Explore this area
Business Placement
Demographics for 45365, OH
29,277
Population
12,610
Households
2.3
Avg Household Size
41
Median Age
19%
College-Educated
89%
High-School Grad
155.7 sq mi
ZIP Area
188
Density / Sq Mi
$66,044
Median Household Income
$40,836
Median Earnings
$899
Median Rent
$173,000
Median Home Value
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Market
Vacancy Rate% for Office in Midwest region
Frequently Asked Questions
What type of property is this?
Office unit - Adaptable office property with multiple rooms, a remodeled kitchen, fireplaces, and on-site parking.
Where is this office unit located?
The property is located at 1441 Saint Marys Avenue Sidney, OH.
What is the asking price?
The asking price for this property is $629,000.
What are key features of this property?
This property features: 3,024 square feet of office space on 1.41 acres; NC, Neighborhood Commerce zoning; Nine office rooms plus a first‑floor sunroom and second‑floor landing room
