394 N High St Chillicothe, OH 45601
Well-respected tire business on a highly visible corner lot.
Property Features for 394 N High St
General Information
- Standard status
- Active
- Size
- 2,020 SF
Listing office ERA Martin & Associates (C) (740) 703-2602
Listing date Jan 21, 2026
Source Exprealty
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 ERA Martin & Associates (C)
Investment Insights
Based on property information with market context.
Key Highlights
- Turnkey tire business opportunity with established reputation (45+ years).
- Prime corner lot location with high visibility and easy access.
- Includes substantial tire inventory and essential equipment (tire changers, balancer, lift, compressor).
Local Financial Insights For Retail
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 | $22.3k | $11.04 |
| − Vacancy | −$892 | −$0.44 |
| EGI | $21.4k | $10.60 |
| − OpEx | −$6.4k | −$3.18 |
| NOI | $15.0k | $7.42 |
Alternative Uses
Property Analytics
Current Use by Public Records
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