Historic Victorian Commercial Building For
For Sale
$150,000
15 S Chillicothe Street, South Charleston, OH 45368
COMMERCIAL - Victorian - South Charleston, OH
Property Size2,320 SF
Lot Size0.10 Acres
Price / SF$64.66
Days on Market107
Property Features for 15 S Chillicothe Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Business
Parking features
Parking Lot
Subdivision
Houston Park
Directions
From I70, take State Rt 41 S to South Charleston. Property is located in the middle of town on the right.
Standard status
Active
APN
1701300011310011
Size
2,320 SF
Lot size
0.10 Acres
Taxes and HOA fees
Tax Year
2025
Utilities
Sewer type
Public Sewer
Heating system
Natural Gas
Cooling system
Central Air
Building Details
Year built
1887
Flooring type
Wood
Building materials
Block, Brick
Architectural style
Victorian
Listing Agency:
Howard Hanna Real Estate Services
(937) 652-2000
Listed By:
Megan Florence
(937) 652-2000
Added: Apr 18
Changed: Jun 8
Last Checked: Aug 2 at 6:06AM
MLS# 1045070
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
Located in the village of South Charleston, Clark County, this commercial property offers an opportunity to establish a business in a historic setting. The village, known for its friendly atmosphere, hosts events such as the annual Heritage Festival and Christmas in South Charleston. The property is situated in the 'Luckey Block' at the middle traffic light, nestled among four other occupied businesses. Currently, the 2,320 square foot space houses a boutique. The building dates back to 1858 and features original wood floors, high ceilings, and exposed brick walls. The 0.1-acre lot is located at 15 S Chillicothe Street, approximately 10 minutes south of I70 on SR41. The property could be suitable for a market, event space, or boutique.
Key Highlights
- Historic building dating back to 1887 with Victorian architecture, original wood floors, high ceilings, and exposed brick.
- Prime location in the center of South Charleston, nestled between 4 other occupied businesses.
- Opportunity to establish a business (market, event space, boutique) in a treasured space.
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 | $13.5k | $5.80 |
| − Vacancy | −$482 | −$0.21 |
| EGI | $13.0k | $5.59 |
| − OpEx | −$3.9k | −$1.68 |
| NOI | $9.1k | $3.91 |
2,320 SF · lease $5.80/SF/yr · vacancy 3.58% · expense 30.00%
Alternative Uses
Best Use
Retail
$129.7K
$113.5K – $151.4K
NOI $9,082 @ 7.0% cap · market cap 6.05%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$647.1K
$566.2K – $755.0K
NOI $45,298 @ 7.0% cap · market cap 30.20%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
116
Businesses Nearby
13k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 69%
Groceries 31%
Marathon Petroleum
Shops & Services
4,412 visits/mo
0.3 miles
Shoemakers IGA Supermarket
Groceries
4,050 visits/mo
0.1 miles
Family Dollar
Shops & Services
3,121 visits/mo
0.5 miles
Park National Bank
Shops & Services
1,657 visits/mo
0.1 miles
Demographics for 45368, OH
4,817
Population
1,916
Households
2.5
Avg Household Size
44
Median Age
20%
College-Educated
90%
High-School Grad
79.2 sq mi
ZIP Area
61
Density / Sq Mi
$60,411
Median Household Income
$46,779
Median Earnings
$718
Median Rent
$156,100
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Charming 2,320 SF Victorian building in South Charleston, OH.
Where is this storefront property located?
The property is located at 15 S Chillicothe Street South Charleston, OH.
What is the asking price?
The asking price for this property is $150,000.
What are key features of this property?
This property features: Historic building dating back to 1887 with Victorian architecture, original wood floors, high ceilings, and exposed brick.; Prime location in the center of South Charleston, nestled between 4 other occupied businesses.; Opportunity to establish a business (market, event space, boutique) in a treasured space.