155 N Main St., Lakeview, OH 43331
Grocery store with equipment on over one acre for sale.
- Added:
- Nov 19, 2025
- Days on Market:
- 220
- Last Refresh:
- Mar 21 at 8:31 pm
Property Features for 155 N Main St.
General Information
- Standard status
- Active
- Size
- 5,688 SF
- Lot size
- 1.00 Acre
- Property subtype
- Mixed Use, Retail
Building Details
- Year Built
- 1971
Listing office Choice Property RE
Listing date Nov 19, 2025
Source Crexi
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 Choice Property RE
HighLights
- All fixtures and equipment included in sale, such as dairy cooler, freezers, and meat cooler.
- Large lot size: over one acre consisting of four separate parcels.
- New roof, ceilings, and AC units (post‑tornado).
- Transferable 30‑year roof warranty.
- Existing grocery store infrastructure in place.
- Inventory included in the sale.
Overview
Local Financial Insights For Specialty 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 | $33.4k | $5.88 |
| − Vacancy | −$1.2k | −$0.21 |
| EGI | $32.2k | $5.67 |
| − OpEx | −$8.1k | −$1.42 |
| NOI | $24.2k | $4.25 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Downtown Discount Grocery — 155 N Main St, Lakeview, OH 43331
Location Insight
- Map
- Local Demand
- City
- Lakeview
- County
- Logan
- State
- Ohio
- Longitude
- -83.9237921
- Latitude
- 40.4834359