Versatile Zanesville Commercial
1927 Maysville Ave, Zanesville, OH 43701
10,000 SF building with medical office and retail potential.
Type:Office
Property size:
10,000 SFPrice / SF:
$150/SF- Added:
- Mar 5, 2026
- Days on Market:
- 72
- Last Refresh:
- Apr 5 at 8:50 pm
Property Features for 1927 Maysville Ave
General Information
- Standard status
- Active
- Size
- 10,000 SF
- Property subtype
- Office
Building Details
- Year Built
- 1994
Listing agent Kim Benincasa License #OH SAL.2002002311
Listing office Coldwell Banker Commercial - Aspire Realty Services | Columbus (740) 819-4619
Listing date Mar 5, 2026
Source Cbcworldwide
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 Coldwell Banker Commercial - Aspire Realty Services | Columbus
HighLights
- 10,000 SF office building with 5,000 SF of finished medical office space.
- Delivered vacant at closing, offering immediate flexibility.
- Located at a signalized intersection with high visibility and signage potential.
- Zoned C‑2 and C‑4, allowing for a wide range of commercial applications.
- 5,000 SF of unfinished street‑level space for expansion or customization.
- Minutes from downtown Zanesville and I‑70, providing convenient regional access.
Overview
This 10,000 SF building features 5,000 SF of fully finished medical office space on the upper level and 5,000 SF of street-level space with two separate entrances. The lower level is currently unfinished, offering an excellent opportunity to expand the existing office or create a customized layout for medical, professional, or retail use. The property is zoned C-2 and C-4, allowing for a wide range of commercial applications, accommodating both professional and retail operations. Located at a signalized intersection, the property offers convenient access, high visibility, and strong potential for signage. The property is located in South Zanesville, along Maysville Avenue corridor (US-22/SR-93) near the intersection with Pine St. This commercial location offers exceptional visibility, accessibility, and exposure to steady local and commuter traffic. As one of the city’s primary connectors linking residential neighborhoods, schools, and retail destinations, the area supports a vibrant mix of retail, office, and service-oriented businesses. Just minutes from downtown Zanesville and I-70, it provides convenient regional access throughout Muskingum County while benefiting from established nearby anchors such as grocery, medical, dining, and professional services. The property is currently occupied by a medical tenant but will be delivered vacant at closing, providing immediate flexibility for an owner-user or investor. With its strong traffic counts, continuous customer flow, and proximity to both residential and commercial zones, the Maysville Avenue corridor represents one of Zanesville’s most active and high-growth areas for business success.
Financial Insights
Value Estimation Calculated for Healthcare Medical
Conservative
$1.32M
NOI $118,454 @ 9.00% cap · cautious / downside scenario
Moderate
$1.69M
NOI $118,454 @ 7.00% cap · market / base-case scenario
Aggressive
$2.37M
NOI $118,454 @ 5.00% cap · optimistic / upside scenario
NOI & Cap Rate Calculator
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.
Calculated for Healthcare Medical
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.0k | $21.60 |
| − Vacancy | −$18.6k | −$1.86 |
| EGI | $197.4k | $19.74 |
| − OpEx | −$79.0k | −$7.90 |
| NOI | $118.5k | $11.85 |
10,000 SF · lease $21.60/SF/yr · vacancy 8.60% · expense 40.00%
Alternative Use Scenarios
Best Use
Healthcare Medical
$1.69M
$1.48M – $1.97M
NOI $118,454 @ 7.0% cap · market cap 7.90%
Second Best
Office B
$1.60M
$1.40M – $1.87M
NOI $112,320 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,930 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Dr. Elizabeth Stiegler
Alternative Medicine Practice
Dr. Andrew Stiegler
Alternative Medicine Practice
Stiegler Chiropractic and Rehabilitation
Alternative Medicine Practice
Similar Places Nearby
- Maysville Animal Hospital — 1897 Pine St, Zanesville, OH 43701
- Smith Mary DVM — 1897 Pine St, Zanesville, OH 43701
- Smith Mike DVM — 1897 Pine St, Zanesville, OH 43701
Location Insight
- Map
- Local Demand
- City
- Zanesville
- County
- Muskingum
- State
- Ohio
- Longitude
- -82.0159
- Latitude
- 39.9118
Nearby Similar for Sale
FAQs
What type of property is this?
Medical Office Space - 10,000 SF building with medical office and retail potential.
Where is this medical office space located?
The property is located at 1927 Maysville Ave Zanesville, OH.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: 10,000 SF office building with **5,000 SF of finished medical office space**.; Delivered vacant at closing, offering immediate flexibility.; Located at a **signalized intersection with high visibility and signage potential**.
