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Office Building with Rental Income
For Sale
Contact for pricing
Pending

407 3rd Ave, Chesapeake, OH 45619

Well-maintained office property in Chesapeake with space for an owner-user and additional rental occupancy.

Property SizeContact for details
Days on Market144

Property Features for 407 3rd Ave

General Information

Standard status Pending
Property subtype Office

Additional Details

Gross Income $25,200
Listing Agency: RE/MAX Realty Consultants
Listed By: Tamara Spurlock · License #WV
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 12:54PM

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 RE/MAX Realty Consultants

Investment Insights

Based on property information with market context.

This office building in Chesapeake offers a commercial setting for an owner-user, with the ability to occupy part of the property while maintaining rental occupancy elsewhere in the building. The property is described as well maintained and has remained under the same family’s ownership since construction.

Located at 407 3rd Ave, the building is positioned in the heart of Chesapeake, Ohio. Existing rental income is reported at $2,100 monthly, providing an established income component alongside potential business use.

Key Highlights

  • Office building located at 407 3rd Ave in Chesapeake, OH
  • Owner‑user configuration with rental occupancy potential
  • Reported rental income of $2,100.00 monthly

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Garden Center Catering Service Butcher Home Appliance 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.

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby

Demographics for 45619, OH

7,348
Population
3,421
Households
2.1
Avg Household Size
43
Median Age
26%
College-Educated
91%
High-School Grad
32.1 sq mi
ZIP Area
229
Density / Sq Mi
$57,525
Median Household Income
$34,555
Median Earnings
$857
Median Rent
$146,700
Median Home Value

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
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Frequently Asked Questions

What type of property is this?
Office building - Well-maintained office property in Chesapeake with space for an owner-user and additional rental occupancy.
Where is this office building located?
The property is located at 407 3rd Ave Chesapeake, OH.
What are key features of this property?
This property features: Office building located at 407 3rd Ave in Chesapeake, OH; Owner‑user configuration with rental occupancy potential; Reported rental income of $2,100.00 monthly
More about this property
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