466 Maynard Avenue, Franklin Furnace, OH 45629
Brick commercial building with central electric heating, heat pump cooling, and a full basement on nearly half an acre.
- Added:
- Jun 11, 2026
- Days on Market:
- 11
- Last Refresh:
- Jun 20 at 9:29 am
Property Features for 466 Maynard Avenue
General Information
- Standard status
- Active
- Size
- 3,176 SF
- Lot size
- 0.48 Acres
- Property subtype
- Hospitality, Mixed Use
Building Details
- Year Built
- 1932
Listing agent Robert Bonecutter License #WV23534
Listing office Keystone Real Estate Associates
Listing date Jun 11, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Keystone Real Estate Associates
HighLights
- 3,176 SF commercial brick building built in 1932 on 0.48 acres at 466 Maynard Avenue, Franklin Furnace, OH
- Central electric heating plus heat pump cooling
- Public water and sewer services
- Shingle roof and full basement
- Showings require an appointment
Overview
The building is situated at 466 Maynard Avenue in Franklin Furnace, Ohio, on 0.48 acres. Showings require an appointment.
The existing building and utilities make this a straightforward option for an owner-occupant or investor looking for a maintained commercial structure with both a basement and central climate systems. Interested parties should confirm plans and suitability through an appointment-based showing.
Local Financial Insights For Hotel Hospitality
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 | $30.5k | $9.60 |
| − Vacancy | −$4.6k | −$1.44 |
| EGI | $25.9k | $8.16 |
| − OpEx | −$13.6k | −$4.28 |
| NOI | $12.3k | $3.88 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Franklin Furnace
- County
- Scioto
- State
- Ohio
- Longitude
- -82.8468094
- Latitude
- 38.6239499
