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Office Building with Efficiency Apartment
New
For Sale
$400,000

1449 S Main Street, Bellefontaine, OH 43311

An existing triple-net lease may continue, or the tenant can vacate for owner use.

Property SizeContact for details
Days on Market2

Property Features for 1449 S Main Street

General Information

Standard status Active
Property subtype Commercial
Zoning B-1

Additional Details

Tenant in Place Yes
Property Use Office

Building Details

Year Built 1969
Listing Agency: Bell Hankins Realty Group, LLC
Listed By: Jeremy Hankins · License #676000331
Source: Columbusohiohomesearch
Added: Oct 26 Last Checked: Oct 26 at 2:22PM

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 Bell Hankins Realty Group, LLC

Rey
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Investment Insights

Based on property information with market context.

This 1969 office building includes an efficiency apartment on the upper level and is zoned B-1. The property is currently occupied under a triple-net lease; the tenant is willing to end the lease if the buyer plans to use the building, while continuing the lease is also an option.

Nearby businesses include Taco Bell, a Marathon gas station, a local bank across the street, and a Chipotle restaurant farther along S Main Street.

Key Highlights

  • 1969 office building with an upstairs efficiency apartment
  • B‑1 zoning
  • Current triple‑net lease may continue, or the tenant is willing to vacate for buyer use

Property Analytics

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Current Use

Jeffrey M. Ward, ... Physician Michael Lee Stark Ophthalmologist Jim Rademacher, M.D. Ophthalmologist Valley Eye Institute Eye Care Center Stark Michael L ... Physician

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage Law Firm (Bike/Boat/Book/etc) Store Locksmith Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

272
Businesses Nearby

Demographics for 43311, OH

20,029
Population
9,497
Households
2.1
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
103.8 sq mi
ZIP Area
193
Density / Sq Mi
$64,217
Median Household Income
$40,341
Median Earnings
$833
Median Rent
$183,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025

Frequently Asked Questions

What type of property is this?
Office building - An existing triple-net lease may continue, or the tenant can vacate for owner use.
Where is this office building located?
The property is located at 1449 S Main Street Bellefontaine, OH.
What is the asking price?
The asking price for this property is $400,000.
What are key features of this property?
This property features: 1969 office building with an upstairs efficiency apartment; B‑1 zoning; Current triple‑net lease may continue, or the tenant is willing to vacate for buyer use
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