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4-Unit Office Building
For Sale
Under Contract
$215,000

414 Martin Street, Greenville, OH 45331

Commercial Sale, Greenville, OH

Property Size3,416 SF
Lot Size0.25 Acres
Price / SF$62.94
Days on Market93

Property Features for 414 Martin Street

General Information

Property type Commercial Sale
Property subtype Single Family Residence
Zoning description Business, Commercial
Parking 17
Parking features Parking Lot
Appliances Gas Water Heater
Subdivision G B P & S Add
Directions S. Broadway from city traffic circle. Left on Martin St.
Standard status Active Under Contract
APN F27221235010813500
Size 3,416 SF
Lot size 0.25 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 1968
Building materials Brick
Architectural style Ranch
Listing Agency: Leis Realty
Listed By: Darren Leis
Added: Jun 11 Changed: Sep 3 Last Checked: Sep 11 at 4:06AM
MLS# 1046296

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Investment Insights

Based on property information with market context.

This 4-unit office property contains 3,416 square feet within a brick, ranch-style building constructed in 1968. Each suite has a private entrance, private off-street parking, kitchen facilities, and a flexible floor plan. Two suites include washer and dryer hookups. The building is fully occupied, with all four suites currently leased.

Recent improvements include a new gas water heater in Suite 4 in 2025 and replacement windows in Suite 2 in April 2026. Building systems include natural-gas forced-air heating, central air conditioning, and public sewer. A parking lot serves the property, which occupies 0.25 acres in downtown Greenville.

Key Highlights

  • Fully occupied 4‑unit office building with all four suites leased
  • 3,416 square feet on 0.25 acres
  • Each suite includes a private entrance, private off‑street parking, and kitchen facilities

Property Analytics

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Current Use

Hair Studio Hair Salon Square One Tattoo Tattoo & Piercing Shop

Suggested Use

Top Pick Dental Office Real Estate Agency HVAC Service Parking Lot & Garage Daycare Center Cafe & Coffee Shop

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

4
Office units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

661
Businesses Nearby

Demographics for 45331, OH

22,213
Population
10,400
Households
2.1
Avg Household Size
46
Median Age
17%
College-Educated
90%
High-School Grad
151.2 sq mi
ZIP Area
147
Density / Sq Mi
$53,797
Median Household Income
$36,666
Median Earnings
$722
Median Rent
$159,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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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 units - Fully leased office property with private entrances, off-street parking, kitchen facilities, and flexible suite layouts.
Where is this office units located?
The property is located at 414 Martin Street Greenville, OH.
What is the asking price?
The asking price for this property is $215,000.
What are key features of this property?
This property features: Fully occupied 4‑unit office building with all four suites leased; 3,416 square feet on 0.25 acres; Each suite includes a private entrance, private off‑street parking, and kitchen facilities
More about this property
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