Mixed-Use Commercial Space with Side
435 Center Street, Wheelersburg, OH 45694
For Sale
New
$69,900
Commercial Sale, Wheelersburg, OH
Property Size940 SF
Lot Size0.04 Acres
Price / SF$74.36
Days on Market4
Property Features for 435 Center Street
General Information
Property type
Property subtype
Zoning
Subdivision
Standard status
APN
Size
Lot size
Taxes and HOA fees
Tax Description
Tax Annual Amount
Legal Description
Utilities
Sewer type
Heating system
Cooling system
Water source
Building Details
Year built
Flooring type
Roof type
Listing Agency:
Euton Realty
Listed By:
Sandra Sinclair Euton
(740) 574-2519
Added: Nov 11
Last Checked: Nov 14 at 12:06AM
MLS# 156032
Copyright © 2026 Greater Portsmouth Area Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Investment Insights
Based on property information with market context.
At 435 Center Street, this 940-square-foot commercial property has a 600-square-foot front retail or office area and a separate 340-square-foot room. The second room has its own side entrance, a restroom, and space outside for two cars. The building was constructed in 1947 and has concrete flooring, forced-air heat, central air conditioning, and a flat asphalt roof.
The property is in downtown Wheelersburg and is zoned Commercial. Public water and public sewer serve the site.
The property is in downtown Wheelersburg and is zoned Commercial. Public water and public sewer serve the site.
Key Highlights
- 940 square feet, with a 600‑square‑foot front area and a separate 340‑square‑foot room
- Secondary room has a private side entrance and outdoor parking space for two cars
- Commercial zoning in downtown Wheelersburg
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$4,035
Cap Rate
5.77%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$80,700
$80.7K
Cap Rate 7%
$57,643
$57.6K
Cap Rate 9%
$44,833
$44.8K
Market Conditions
NOI Build-Up for 940 SF
Gross rent
$6.0K $6.36/SF
− Vacancy
−$214 −$0.23/SF
EGI
$5.8K $6.13/SF
− OpEx
−$1.7K −$1.84/SF
NOI
$4.0K $4.29/SF
Area
Scioto County, OH
Vacancy
3.58%
Lease Rate
$6.36 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$80,700
Cap Rate 7%
$57,643
Cap Rate 9%
$44,833
Alternative Uses
Best Use
Retail
$57.6K
$50.4K – $67.3K
NOI $4,035 @ 7.0% cap · market cap 5.77%
Second Best
Mixed Use
$45.0K
$39.3K – $52.5K
NOI $3,147 @ 7.0% cap · market cap 4.50%
Theoretical Best
Office A
$200.0K
$175.0K – $233.4K
NOI $14,003 @ 7.0% cap · market cap 20.03%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
230
Businesses Nearby
101k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 51%
Home Improvements & Furnishings 30%
Shops & Services 17%
Hotels & Casinos 1%
Lowe's
Home Improvements & Furnishings
30,942 visits/mo
0.5 miles
Wendy's
Dining
19,273 visits/mo
0.2 miles
Taco Bell
Dining
11,991 visits/mo
0.3 miles
Arby's
Dining
10,354 visits/mo
0.3 miles
Dollar General
Shops & Services
8,905 visits/mo
0.1 miles
Demographics for 45694, OH
11,783
Population
5,397
Households
2.2
Avg Household Size
43
Median Age
24%
College-Educated
93%
High-School Grad
67.9 sq mi
ZIP Area
174
Density / Sq Mi
$64,482
Median Household Income
$40,689
Median Earnings
$784
Median Rent
$197,500
Median Home Value
Check the figures for this property
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Separate front and rear rooms support retail, office, or small-business use in downtown Wheelersburg.
Where is this mixed-use property located?
The property is located at 435 Center Street Wheelersburg, OH.
What is the asking price?
The asking price for this property is $69,900.
What are key features of this property?
This property features: 940 square feet, with a 600‑square‑foot front area and a separate 340‑square‑foot room; Secondary room has a private side entrance and outdoor parking space for two cars; Commercial zoning in downtown Wheelersburg
