Turnkey Office and Retail
355 N Main Street Munroe Falls, OH 44262
355 N Main Street, Munroe Falls, OH, 44262
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For Sale
Contact for pricing
Turnkey 2,500-square-foot building with flexible space and walk-out lower level for expansion or multiple uses.
Property Size2,500 SF
Price / SF$198.36
Days on Market49
Property Features for 355 N Main Street
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- Office
Listing agency
Hoff & Leigh Fairlawn
(330) 620-0799
Listed by
Craig DeLorenzo · License #OH SAL.2009004403
Source
Crexi
Added: Jun 3 Updated: Jul 10 at 4:00PM Checked: Jul 21 at 5:43AM
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 Hoff & Leigh Fairlawn
Investment Insights
Based on property information with market context.
Located at 355 N Main Street in Munroe Falls, Ohio, this beautifully maintained commercial building totals 2,500 square feet of turnkey office space currently operating as a real estate office. The property is presented in excellent condition and is described as ready for immediate occupancy, with a professional, welcoming layout designed to support business use.
An additional 1,500 square feet of lower level unfinished space is included, featuring walk-out access. That configuration can support additional office space or be adapted for multi-tenant use, depending on how the new owner/operator chooses to develop the lower level.
The overall layout and flexible floor plan make the space workable for a range of professional and service-oriented users. The property is specifically described as suitable for professional offices, medical, financial services, insurance, and boutique retail, among other possibilities. Whether you are looking for an operating location today or planning to leverage the walk-out lower level for growth or separate occupancy, this property provides a practical, move-in-ready option in Munroe Falls.
An additional 1,500 square feet of lower level unfinished space is included, featuring walk-out access. That configuration can support additional office space or be adapted for multi-tenant use, depending on how the new owner/operator chooses to develop the lower level.
The overall layout and flexible floor plan make the space workable for a range of professional and service-oriented users. The property is specifically described as suitable for professional offices, medical, financial services, insurance, and boutique retail, among other possibilities. Whether you are looking for an operating location today or planning to leverage the walk-out lower level for growth or separate occupancy, this property provides a practical, move-in-ready option in Munroe Falls.
Key Highlights
- 2,500‑SF office building at 355 N Main Street, Munroe Falls, OH 44262
- Currently operating as a real estate office with space ready for immediate occupancy
- Additional 1,500‑SF lower level with walk‑out access for potential expansion or multi‑tenant use
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 | $42.3k | $16.92 |
| − Vacancy | −$2.9k | −$1.15 |
| EGI | $39.4k | $15.77 |
| − OpEx | −$9.9k | −$3.94 |
| NOI | $29.6k | $11.83 |
2,500 SF · lease $16.92/SF/yr · vacancy 6.80% · expense 25.00%
Alternative Uses
Best Use
Office B
$422.4K
$369.6K – $492.8K
NOI $29,568 @ 7.0% cap · market cap 5.96%
Second Best
Healthcare Medical
$371.5K
$325.1K – $433.5K
NOI $26,007 @ 7.0% cap · market cap 5.24%
Theoretical Best
Office A
$613.5K
$536.8K – $715.8K
NOI $42,947 @ 7.0% cap · market cap 8.66%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Harvest Home Realty ...
Real Estate Agency
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FAQs
What type of property is this?
Office building - Turnkey 2,500-square-foot building with flexible space and walk-out lower level for expansion or multiple uses.
Where is this office building located?
The property is located at 355 N Main Street Munroe Falls, OH.
What is the asking price?
The asking price for this property is $495,900.
What are key features of this property?
This property features: 2,500‑SF office building at 355 N Main Street, Munroe Falls, OH 44262; Currently operating as a real estate office with space ready for immediate occupancy; Additional 1,500‑SF lower level with walk‑out access for potential expansion or multi‑tenant use
