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Live-Work Mixed-Use Property
For Sale
$575,000

380 S Main Street, De Graff, OH 43318

Commercial Sale, De Graff, OH

Property Size2,772 SF
Lot Size2.30 Acres
Price / SF$207.43
Days on Market152

Property Features for 380 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Commercial, Residential
Rooms Dining Room
Parking 40
Parking features Garage, Parking Lot
Security features Security System
Interior features Walk-In Closet(s), Attic, Cathedral Ceiling(s), Ceiling Fan(s)
Basement Crawl Space
Lot features Residential Lot
Directions 380 S Main Street, De Graff, OH 43318
Subdivision 904 S/W Logan County
Standard status Active
APN 261171105001000
Size 2,772 SF
Lot size 2.30 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Propane (Heating), Forced Air
Cooling system Central Air

Amenities

soaring wood-beamed ceilings
knotty pine walls
heated floors
overhead doors
three-phase electric
central air

Building Details

Year built 1900
Flooring type Linoleum, Wood, Carpet
Building materials Steel Frame, Aluminum Siding, Steel Siding, Vinyl Siding
Architectural style Stick
Additional Structures Outbuilding
Listing Agency: Key Realty
Listed By: Malia K. Hughes · License #2008001822
Added: May 13 Changed: Sep 16 Last Checked: Oct 11 at 12:06PM
MLS# 1045617

Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

Set on 2.3 acres at 380 S Main Street in De Graff, Ohio, this mixed-use property combines a finished residence with a substantial commercial campus. The home provides 2,772 square feet with three bedrooms, two bathrooms, an open layout, wood-beamed ceilings, knotty pine walls, a country kitchen, and a primary suite with a reading alcove. A second 2,772-square-foot upper level remains unfinished for additional residential, office, or studio space.

The principal commercial building measures more than 5,000 square feet and features 16-foot ceilings, reception and showroom areas, offices, a parts department, multiple workstations, heated floors, and overhead doors ranging from 9 to 12 feet. The property also includes a 1,584-square-foot rear shop with a full bath, furnace, and central air, plus a newer 40-by-60-foot insulated building with concrete floors, overhead doors, and plumbing prepared for a future bath. Three-phase electric, public sewer, parking, and garage facilities are included.

Key Highlights

  • 2.3‑acre mixed‑use property at 380 S Main Street, De Graff, OH 43318
  • 2,772 SF residence with 3 bedrooms and 2 bathrooms
  • Additional unfinished 2,772 SF upper level

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$34,063
Cap Rate
5.92%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,260 $681.3K
Cap Rate 7%
$486,614 $486.6K
Cap Rate 9%
$378,478 $378.5K
Market Conditions
NOI Build-Up for 2,772 SF
Gross rent
$59.7K $21.53/SF
− Vacancy
−$14.3K −$5.15/SF
EGI
$45.4K $16.38/SF
− OpEx
−$11.4K −$4.10/SF
NOI
$34.1K $12.29/SF
Area
Logan County, OH
Vacancy
23.90%
Lease Rate
$21.53 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$681,260
Cap Rate 7%
$486,614
Cap Rate 9%
$378,478

Alternative Uses

Best Use
Office B
$486.6K
$425.8K – $567.7K (±1% cap)
NOI $34,063 @ 7.0% cap · market cap 5.92%
Second Best
Mixed Use
$401.0K
$350.8K – $467.8K (±1% cap)
NOI $28,067 @ 7.0% cap · market cap 4.88%
Theoretical Best
Office A
$559.6K
$489.6K – $652.8K (±1% cap)
NOI $39,169 @ 7.0% cap · market cap 6.81%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Noble's Auto Sales ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Auto Repair Shop Restaurant Storage Facility Hair Salon Grocery & Convenience Store

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

16 ft
Clear height

Location Intelligence

Trade Area within ½ mile

54
Businesses Nearby

Demographics for 43318, OH

3,609
Population
1,648
Households
2.2
Avg Household Size
40
Median Age
18%
College-Educated
90%
High-School Grad
64.2 sq mi
ZIP Area
56
Density / Sq Mi
$78,869
Median Household Income
$44,405
Median Earnings
$1,005
Median Rent
$204,900
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Residence and multiple commercial buildings create a flexible live-work compound with workshop, office, showroom, and storage capabilities.
Where is this mixed-use property located?
The property is located at 380 S Main Street De Graff, OH.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 2.3‑acre mixed‑use property at 380 S Main Street, De Graff, OH 43318; 2,772 SF residence with 3 bedrooms and 2 bathrooms; Additional unfinished 2,772 SF upper level
More about this property
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