Former Church and
166 E Liberty Street Martinsburg Martinsburg, OH 43037
166 E Liberty Street Martinsburg, Martinsburg, OH, 43037
$200,000
For Sale
$200,000
Former church property includes a 2023 barndominium in a pole barn with attached carport, detached garage, and parking lot.
Property Size3,584 SF
Price / SF$55.80
Days on Market10
Property Features for 166 E Liberty Street Martinsburg
General Information
- Standard status
- Active
- Size
- 3,584 SF
Building Details
- Year Built
- 1900
Listing agency
(614) 660-5959
Listed by
Jim Fallieras
(614) 660-5959
Source
Movenowohio
Added: Jul 13 Updated: Jul 20 at 9:11PM Checked: Jul 22 at 2:36AM
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 Jim Fallieras
Investment Insights
Based on property information with market context.
This property combines a former church with multiple 2023-built outbuildings configured for flexible use. The 50' x 30' pole barn, with a separate address of 152 E. Liberty Street, is currently occupied as a 2-bedroom, 1-bath barndominium with laundry. It also includes an attached 14' x 50' lean-to/carport for covered parking and workspace or equipment storage. An 18' x 26' detached garage adds additional storage and potential workshop space. Both buildings share a septic system.
The asphalt parking lot includes two separate driveway entrances, designed to support convenient access and circulation for future business or residential use. Any intended commercial or investment use will require buyer verification of permitted uses. The property is offered for sale at 166 E Liberty Street in Martinsburg, OH.
The asphalt parking lot includes two separate driveway entrances, designed to support convenient access and circulation for future business or residential use. Any intended commercial or investment use will require buyer verification of permitted uses. The property is offered for sale at 166 E Liberty Street in Martinsburg, OH.
Key Highlights
- Former church property on a 0.33‑acre lot with public water and a total building area of 3,584 SF
- 2023 50' x 30' pole barn includes a 2‑bedroom, 1‑bath barndominium with laundry and its own address at 152 E. Liberty Street
- 2023 attached 14' x 50' lean‑to/carport provides covered parking and additional workspace
Local Financial Insights For Industrial
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 | $23.0k | $6.41 |
| − Vacancy | −$1.9k | −$0.54 |
| EGI | $21.0k | $5.87 |
| − OpEx | −$6.3k | −$1.76 |
| NOI | $14.7k | $4.11 |
3,584 SF · lease $6.41/SF/yr · vacancy 8.42% · expense 30.00%
Alternative Uses
Best Use
Office B
$587.0K
$513.7K – $684.9K
NOI $41,093 @ 7.0% cap · market cap 20.55%
Second Best
Industrial
$210.4K
$184.1K – $245.5K
NOI $14,727 @ 7.0% cap · market cap 7.36%
Theoretical Best
Specialty Retail
$999.7K
$874.7K – $1.17M
NOI $69,978 @ 7.0% cap · market cap 34.99%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Injoy - Food Pantry
Food Bank
FAQs
What type of property is this?
Church & religious facility - Former church property includes a 2023 barndominium in a pole barn with attached carport, detached garage, and parking lot.
Where is this church & religious facility located?
The property is located at 166 E Liberty Street Martinsburg Martinsburg, OH.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Former church property on a 0.33‑acre lot with public water and a total building area of 3,584 SF; 2023 50' x 30' pole barn includes a 2‑bedroom, 1‑bath barndominium with laundry and its own address at 152 E. Liberty Street; 2023 attached 14' x 50' lean‑to/carport provides covered parking and additional workspace
