Auto Shop with
New
For Sale
$200,000
201 W Main Street, Geneva, OH 44041
An operating repair facility includes tools and equipment, on-site parking, and commercial zoning.
Property Size1,167 SF
Lot Size0.54 Acres
Price / SF$171.38
Days on Market5
Property Features for 201 W Main Street
General Information
Standard status
Active
Size
1,167 SF
Lot size
0.54 Acres
Zoning
Commercial
Tenancy & Operations
Currently Operating
Yes
Real Estate Included
Yes
Additional Details
Asking Price
$200,000
Automotive Uses
auto repair
Taxes and HOA fees
Annual Taxes
$875
Amenities
true
false
Public
0.54
15
Assessor
Asphalt,On Site
1167
Building Details
Building Size
1,167 SF
Year Built
1968
Buildings
1
Stories
1
Listing Agency:
(304) 501-5212
Listed By:
Patrick Lucey
Source:
Karenullomrealty
Added: Oct 26
Changed: Oct 29
Last Checked: Oct 28 at 11:58AM
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 Patrick Lucey
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Investment Insights
Based on property information with market context.
Located at 201 W Main Street in Geneva, this 1,167-square-foot auto shop sits on approximately 0.54 acres. The building dates to 1968 and is currently used for auto repair, with some tools and equipment included. Commercial zoning and an asphalt on-site parking area complete the property’s documented features.
Key Highlights
- 1,167‑square‑foot auto shop on approximately 0.54 acres
- Currently operating as an auto repair shop
- Some tools and equipment included
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,322
Cap Rate
7.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,440
$286.4K
Cap Rate 7%
$204,600
$204.6K
Cap Rate 9%
$159,133
$159.1K
Market Conditions
NOI Build-Up for 1,167 SF
Gross rent
$21.0K $18.00/SF
− Vacancy
−$546 −$0.47/SF
EGI
$20.5K $17.53/SF
− OpEx
−$6.1K −$5.26/SF
NOI
$14.3K $12.27/SF
Area
Ashtabula County, OH
Vacancy
2.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$286,440
Cap Rate 7%
$204,600
Cap Rate 9%
$159,133
Alternative Uses
Best Use
Retail
$204.6K
$179.0K – $238.7K
NOI $14,322 @ 7.0% cap · market cap 7.16%
Second Best
Industrial
$57.6K
$50.4K – $67.3K
NOI $4,035 @ 7.0% cap · market cap 2.02%
Theoretical Best
Office A
$217.5K
$190.3K – $253.7K
NOI $15,223 @ 7.0% cap · market cap 7.61%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
453
Businesses Nearby
31k
Monthly Visits Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 82%
Home Improvements & Furnishings 13%
Dining 5%
Circle K
Shops & Services
7,694 visits/mo
0.1 miles
Huntington Bank
Shops & Services
5,840 visits/mo
0.2 miles
Sunoco
Shops & Services
4,049 visits/mo
0.3 miles
Marathon Petroleum
Shops & Services
2,965 visits/mo
0.2 miles
Family Dollar
Shops & Services
2,609 visits/mo
0.3 miles
Demographics for 44041, OH
13,910
Population
7,155
Households
1.9
Avg Household Size
46
Median Age
18%
College-Educated
91%
High-School Grad
65.1 sq mi
ZIP Area
214
Density / Sq Mi
$58,438
Median Household Income
$37,644
Median Earnings
$816
Median Rent
$167,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- R.A.W Kustoms & Restoration — 801 Sherman St, Geneva, OH 44041
- Reese's Auto Services — 557 W Main St, Geneva, OH 44041
- Joe's Auto — 201 w main st #1206, geneva, oh 44041
- Joes auto — 201 W Main St, Geneva, OH 44041
- ACE Auto Repair — 150 W Main St, Geneva, OH 44041
Frequently Asked Questions
What type of property is this?
Auto shop - An operating repair facility includes tools and equipment, on-site parking, and commercial zoning.
Where is this auto shop located?
The property is located at 201 W Main Street Geneva, 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: 1,167‑square‑foot auto shop on approximately 0.54 acres; Currently operating as an auto repair shop; Some tools and equipment included
