Wellsville Retail Building For
220 3rd St Wellsville, OH
220 3rd St, Wellsville, OH, 00000
Contact for pricing
For Sale
Contact for pricing
7,680 SF retail building in prime Wellsville location.
Property Size7,680 SF
Lot Size0.59 Acres
Price / SF$156.25
Days on Market354
Property Features for 220 3rd St
General Information
- Standard status
- Active
- Size
- 7,680 SF
- Lot size
- 0.59 Acres
- Property subtype
- RETAIL
Listing Agency
Platz Realty Group
(330) 647-0411
Listed by
Daniel Crouse · License #MI 6502378067
(330) 647-0411
Source
Moodyscre
Added: Jul 29, 2025 Checked: Jul 17 at 4:24 am
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 Platz Realty Group
Investment Insights
Based on property information with market context.
This 7,680 square-foot free-standing retail building, constructed in 1993, is available for rent. The property is located in Wellsville and offers a spacious layout suitable for various retail ventures. The location provides high visibility and strategic positioning for commercial success, offering the potential for a prominent retail presence. The average household income within a mile exceeds $54,373. The building features a modern and attractive design.
Key Highlights
- Prime location in Wellsville
- High visibility for potential customers
- Spacious 7,680 SF free‑standing building ideal for retail ventures
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 | $101.4k | $13.20 |
| − Vacancy | −$12.2k | −$1.58 |
| EGI | $89.2k | $11.62 |
| − OpEx | −$26.8k | −$3.48 |
| NOI | $62.4k | $8.13 |
7,680 SF · lease $13.20/SF/yr · vacancy 12.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$892.1K
$780.6K – $1.04M
NOI $62,448 @ 7.0% cap · market cap 5.20%
Second Best
—
—
no second resolved use
Theoretical Best
Warehouse
$6.49M
$5.68M – $7.57M
NOI $454,114 @ 7.0% cap · market cap 37.84%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Rite Aid Pharmacy
Pharmacy
Kimberly Mollick, RPH
Pharmacy
Rite Aid
Pharmacy
Coinhub Bitcoin ATM ...
Atm
Western Union
Bank
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FAQs
What type of property is this?
Retail space - 7,680 SF retail building in prime Wellsville location.
Where is this retail space located?
The property is located at 220 3rd St Wellsville, OH.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime location in Wellsville; High visibility for potential customers; Spacious 7,680 SF free‑standing building ideal for retail ventures
