Building Details

Year built 1983

Flooring type Carpet, Vinyl

Building materials Brick

Roof type Shingle

Listing Agency: Bowling & Kugler Realty b***@gmail.com

Listed By: William Kugler Show Phone

Added: Oct 17 Changed: Oct 20 Last Checked: Oct 20 at 6:06PM

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MLS# 1897741

Copyright © 2026 MLS of Greater Cincinnati, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 3,218-square-foot brick bank building was constructed in 1983 and retains a full-service banking layout. The interior includes a 27-by-35-foot lobby and teller area, three 9-by-12-foot offices, a 9-by-16-foot vault, and a 16-by-10-foot break room with men’s and women’s restrooms. Two additional rooms behind the teller area measure 22 by 22 feet and 13 by 11 feet, with an adjoining full bathroom.

A parking lot connects to N Main Street and W Elkton Road. The First Financial ATM has its own concrete driveway. The property occupies a 0.1469-acre lot.

Key Highlights

• 3,218‑square‑foot brick building constructed in 1983
• Bank layout includes a 27‑by‑35‑foot lobby and teller area
• Three 9‑by‑12‑foot offices and a 9‑by‑16‑foot vault

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$13,663

Cap Rate

4.79%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$273,260 $273.3K

Cap Rate 7%

$195,186 $195.2K

Cap Rate 9%

$151,811 $151.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 3,218 SF

Gross rent

$20.9K $6.48/SF

− Vacancy

−$1.3K −$0.41/SF

EGI

$19.5K $6.07/SF

− OpEx

−$5.9K −$1.82/SF

NOI

$13.7K $4.25/SF

Area

Butler County, OH

Vacancy

6.40%

Lease Rate

$6.48 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$273,260

Cap Rate 7%

$195,186

Cap Rate 9%

$151,811

Alternative Uses

Best Use

Specialty Retail

$484.1K

$423.6K – $564.8K (±1% cap)

NOI $33,886 @ 7.0% cap · market cap 11.89%

Second Best

Retail

$195.2K

$170.8K – $227.7K (±1% cap)

NOI $13,663 @ 7.0% cap · market cap 4.79%

Theoretical Best

Office A

$636.3K

$556.7K – $742.3K (±1% cap)

NOI $44,538 @ 7.0% cap · market cap 15.63%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Banks

Suggested Use

Top Pick Building Supply Auto Repair Shop Big Box & Wholesale Store Plumbing Service Storage Facility Hair Salon

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

Lease Details

Yes

Paved road access

Location Intelligence

Trade Area within ½ mile

38

Businesses Nearby

Explore this area Business Placement

Demographics for 45062, OH

775

Population

301

Households

2.6

Avg Household Size

42

Median Age

13%

College-Educated

89%

High-School Grad

0.8 sq mi

ZIP Area

969

Density / Sq Mi

$53,552

Median Household Income

$52,881

Median Earnings

$788

Median Rent

$144,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Frequently Asked Questions

What type of property is this?

Bank - A dedicated parking lot has two street access points, with a separate concrete drive serving the ATM.

Where is this bank located?

The property is located at 300 N Main Street Seven Mile, OH.

What is the asking price?

The asking price for this property is $285,000.

What are key features of this property?

This property features: 3,218‑square‑foot brick building constructed in 1983; Bank layout includes a 27‑by‑35‑foot lobby and teller area; Three 9‑by‑12‑foot offices and a 9‑by‑16‑foot vault