Building Details

Year built 1900

Building materials Stone

Listing Agency: Glasshouse Realty Group

Listed By: Nicole D Loudenback Show Phone

Added: Jul 28 Changed: Oct 22 Last Checked: Oct 27 at 4:06PM

Report an Issue

MLS# 1047344

Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This 851-square-foot storefront property at 212 E Court Street offers a compact commercial layout with flexibility for office or retail use. The space can be arranged as one office with two bathrooms or divided into two separate offices, each with its own facilities. The East office is occupied on a month-to-month basis. Stone construction, forced-air heating, and central air conditioning support year-round functionality, while public sewer serves the property.

The building sits a few hundred feet from the Shelby County Courthouse in Sidney, providing a courthouse-adjacent setting for a small commercial operation. Built in 1900, the property occupies a 0.04-acre parcel and presents a straightforward storefront format for an owner-user or small-scale commercial tenant.

Key Highlights

• 851‑square‑foot storefront property at 212 E Court Street
• Flexible layout for one office with two bathrooms or two separate offices
• East office currently occupied on a month‑to‑month basis

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$8,149

Cap Rate

4.40%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$162,980 $163.0K

Cap Rate 7%

$116,414 $116.4K

Cap Rate 9%

$90,544 $90.5K

Is this asking price fair?

Market Conditions

NOI Build-Up for 851 SF

Gross rent

$13.6K $15.96/SF

− Vacancy

−$2.7K −$3.19/SF

EGI

$10.9K $12.77/SF

− OpEx

−$2.7K −$3.19/SF

NOI

$8.1K $9.58/SF

Area

Shelby County, OH

Vacancy

20.00%

Lease Rate

$15.96 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$162,980

Cap Rate 7%

$116,414

Cap Rate 9%

$90,544

Alternative Uses

Best Use

Office B

$116.4K

$101.9K – $135.8K (±1% cap)

NOI $8,149 @ 7.0% cap · market cap 4.40%

Second Best

Retail

$90.2K

$78.9K – $105.2K (±1% cap)

NOI $6,313 @ 7.0% cap · market cap 3.41%

Theoretical Best

Specialty Retail

$237.4K

$207.7K – $276.9K (±1% cap)

NOI $16,616 @ 7.0% cap · market cap 8.98%

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

Lattimore Restaurant Wax Essentials LLC Spa & Massage Center Wax Essentials & Esthetics Hair Salon

Suggested Use

Top Pick Dental Office Restaurant Real Estate Agency Big Box & Wholesale Store Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

577

Businesses Nearby

Under-served

Demand for This Use

Explore this area Business Placement

Demographics for 45365, OH

29,277

Population

12,610

Households

2.3

Avg Household Size

41

Median Age

19%

College-Educated

89%

High-School Grad

155.7 sq mi

ZIP Area

188

Density / Sq Mi

$66,044

Median Household Income

$40,836

Median Earnings

$899

Median Rent

$173,000

Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019

15.6% 2020

17.1% 2021

18.9% 2022

21% 2023

22% 2024

21.3% 2025

Similar For Sale Nearby

See more

Convenience Store with Drive-In Service

132 N Ohio Avenue, Sidney, OH 45365

$365,000

1,350 SF

View details

Brick Office Building with Garage

1441 Saint Marys Avenue, Sidney, OH 45365

$629,000

3,024 SF

View details

Triplex with Metal-Roofed Shed

136 Brooklyn Ave, Sidney, OH 45365

$175,000

View details

Tanning Salon with Equipment

1270 Wapakoneta Ave, Sidney, OH 45365

$235,000

View details

Sidney Warehouse with Office Space

2655 Campbell Rd, Sidney, OH

Contact for pricing

13,500 SF

View details

15-Unit Multifamily Portfolio

302 E Court Street, Sidney, OH 45365

$950,000

View details

Heavy Manufacturing Facility

1521 Michigan St, Sidney, OH 45365

Contact for pricing

165,230 SF

View details

Manufacturing Facility with Expansion Land

1501-1521 Michigan St, Sidney, OH 45365

Contact for pricing

165,230 SF

View details

Similar Off Market Nearby

• Ivy Garland — 103 E Court St, Sidney, OH 45365
• Dekkers Flowers — 223 N Main Ave, Sidney, OH 45365

Frequently Asked Questions

What type of property is this?

Storefront property - Flexible commercial space with central air and a configuration suitable for one office or two separate offices.

Where is this storefront property located?

The property is located at 212 E Court Street Sidney, OH.

What is the asking price?

The asking price for this property is $185,000.

What are key features of this property?

This property features: 851‑square‑foot storefront property at 212 E Court Street; Flexible layout for one office with two bathrooms or two separate offices; East office currently occupied on a month‑to‑month basis