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    Retail Property in Woodsfield, OH Title is generated by Realmo AI

    209 S Main St, Woodsfield, OH

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    Retail property with 4,860 square feet of space.

    Type:RETAIL
    Property size:
    4,860 SF
    Lot size:
    0.17 Acres
    Price / SF:
    $50/SF
    Added:
    Sep 4, 2024
    Days on Market:
    649
    Last Refresh:
    May 20 at 8:46 pm

    Property Features for 209 S Main St

    General Information

    Standard status
    Active
    Size
    4,860 SF
    Lot size
    0.17 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Melissa Smithberger

    Listing agent Melissa Smithberger License #OH 2010001971

    Listing office Smithberger Realty, LLC

    Listing date Sep 4, 2024

    Source Moodyscre

    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 Smithberger Realty, LLC

    HighLights

    • 4,860 square feet of retail space.

    Overview

    This retail property is located at 209 S Main St in Woodsfield, OH. The building provides 4,860 square feet of space.

    Local 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 $28.6k $5.88
    − Vacancy −$1.0k −$0.21
    EGI $27.6k $5.67
    − OpEx −$8.3k −$1.70
    NOI $19.3k $3.97
    4,860 SF · lease $5.88/SF/yr · vacancy 3.58% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $275.5K
    $241.1K – $321.5K (±1% cap)
    NOI $19,288 @ 7.0% cap · market cap 7.87%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $1.08M
    $946.8K – $1.26M (±1% cap)
    NOI $75,740 @ 7.0% cap · market cap 30.91%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Auto Plus Auto ... Auto Parts Store Factory Motor Parts Auto Parts Store

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Building Supply Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Woodsfield
    County
    Monroe
    State
    Ohio
    Longitude
    -81.117
    Latitude
    39.7609

    FAQs

    What type of property is this?
    Retail property - Retail property with 4,860 square feet of space.
    Where is this retail property located?
    The property is located at 209 S Main St Woodsfield, OH.
    What is the asking price?
    The asking price for this property is $245,000.
    What are key features of this property?
    This property features: 4,860 square feet of retail space.
    (740) 213-4037 Call to check price and availability
    More about this property
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