240 E Lake Street, Lakeview, OH 43331
COMMERCIAL - Lakeview, OH
- Added:
- May 12, 2026
- Days on Market:
- 58
- Last Refresh:
- Jul 8 at 6:06 am
Property Features for 240 E Lake Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Patio and Porch features
- Porch
- Standard status
- Active
- APN
- 470171809003000
- Size
- 1,008 SF
- Lot size
- 0.24 Acres
Taxes and HOA fees
- Tax Year
- 2025
Utilities
- Sewer type
- Public Sewer
- Heating system
- Natural Gas, Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1969
- Building materials
- Brick
Listing agent Melissa Bosley (877) 539-7589
Listing office Key Realty 102 Zanesfield Rd., West Liberty, OH (877) 539-7589
Listing date May 12, 2026
Copyright © 2026 West Metro Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- 1969‑built commercial property with brick construction
- Heating: natural gas forced air; cooling: central air
- Open interior layout and includes a porch
- Public sewer service
- Interior is fully plumbed for a modern hair and nail salon
- Flexible layout adaptable for professional offices, medical/wellness, or boutique retail
Overview
Located at 240 E Lake Street in Lakeview, Ohio (Logan County), the property benefits from street-level presence along E Lake Street. The offering is presented as a standout, high-visibility storefront opportunity in the Lakeview market.
For operators looking for a salon or service environment, the existing plumbing and open layout can help streamline buildout decisions. Businesses considering alternative uses may find the adaptable floor plan helpful for converting to professional offices, medical and wellness services, or a smaller retail concept. The space is being marketed for a variety of professional, health, and boutique retail users who want a flexible, ready-to-work commercial interior.
Local Financial Insights For Office B
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 | $21.7k | $21.53 |
| − Vacancy | −$5.2k | −$5.15 |
| EGI | $16.5k | $16.38 |
| − OpEx | −$4.1k | −$4.10 |
| NOI | $12.4k | $12.29 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Lakeview
- County
- Logan
- State
- Ohio
- Longitude
- -83.922613
- Latitude
- 40.483983
