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    Well-Maintained Commercial Property in Anna, OH Title is generated by Realmo AI

    312 W Main Street, Anna, OH 45302

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    Claim this Listing
    New
    For Sale
    $350,000

    COMMERCIAL - Anna, OH

    Property size:
    1,900 SF
    Lot size:
    0.27 Acres
    Price / SF:
    $184/SF
    Added:
    May 13, 2026
    Days on Market:
    2
    Last Refresh:
    May 14 at 3:06 pm

    Property Features for 312 W Main Street

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Parking
    22
    Parking features
    Parking Lot
    Basement
    Finished, Full
    Standard status
    Active
    APN
    090528388012
    Size
    1,900 SF
    Lot size
    0.27 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
    1977
    Flooring type
    Carpet
    Building materials
    Brick, Vinyl Siding

    We can help!

    Listing Contact
    Nicole D Loudenback

    Listing agent Nicole D Loudenback

    Listing office Glasshouse Realty Group 215 W Court St., Sidney, OH

    Listing date May 13, 2026

    MLS# 1045629

    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

    • Prime downtown location with excellent visibility and accessibility.
    • Versatile 1,900 sq. ft. layout suitable for office, professional services, or event venue.
    • Full basement with running water and countertop, offering additional usable space.
    • Recently refreshed interior with new carpet and fresh paint.
    • Secure vault remains in place, offering unique security feature.
    • Updated mechanicals: newer furnace, central air (2015), and approximately 5‑year‑old roof.

    Overview

    This well-maintained 1,900 sq. ft. commercial property, formerly the U.S. Bank building, is situated in a convenient downtown location, offering excellent visibility and accessibility. The main level features three private offices upstairs, a secure vault, and a functional layout suitable for professional or customer-facing use. The interior has been recently refreshed with new carpet and fresh paint. Mechanical updates include a furnace and central air system installed in 2015, along with a portable hot water tank. The roof is approximately 5 years old. There's access from the back with steps leading directly into the basement. The main area includes a slider window for convenient drive-up windows business opportunities. The building also includes his and her restrooms. A full basement offers additional usable space, complete with running water and a countertop area, making it well-suited for gatherings, storage, or expanded operational use. With its flexible layout and solid infrastructure, this property offers multiple potential uses including office space, professional services, or even an event or meeting venue. The property is located in Anna, OH 45302, in Shelby County, and sits on a 0.27-acre lot.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    U.S. Bank ATM ... Bank U.S. Bank-Mortgage Loan ... Loan Service U.S. Bank Branch Bank

    Suggested Use

    Real Estate Agency Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center Big Box & Wholesale Store Accounting Firm

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

    Location Insight

    • Map
    • Local Demand
    City
    Anna
    County
    Shelby
    State
    Ohio
    Longitude
    -84.177717
    Latitude
    40.395287

    FAQs

    What type of property is this?
    Office building - 1,900 sq ft commercial property in a convenient downtown location.
    Where is this office building located?
    The property is located at 312 W Main Street Anna, OH.
    What is the asking price?
    The asking price for this property is $350,000.
    What are key features of this property?
    This property features: Prime downtown location with excellent visibility and accessibility.; Versatile 1,900 sq. ft. layout suitable for office, professional services, or event venue.; Full basement with running water and countertop, offering additional usable space.
    (937) 726-5767
    We can help!
    Listing Contact
    Nicole D Loudenback
    Learn More
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
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