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Mixed-Use Building with Offices and Apartments

48 W Main St, Shelby, OH 44875

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Renovated mixed-use building with office space, 9 apartments, and 2 retail spaces totaling 15,524 SF.

Property Size15,524 SF
Price / SF$70.86
Days on Market160

Property Features for 48 W Main St

General Information

Standard status Active
Size 15,524 SF
Property subtype OFFICE

Additional Details

Multifamily Units 9
Listing Agency: Kiger Realty
Listed By: Robert Kiger
Source: Moodyscre
Added: Jun 1 Changed: Oct 25 Last Checked: Nov 6 at 8:45AM

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 Kiger Realty

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Investment Insights

Based on property information with market context.

This renovated mixed-use building combines office, residential, and retail use under one roof, with a total size of 15,524 SF. The office component is offered as a selection of spaces that includes 10+ offices, a reception area, a full kitchen, a lunchroom, 2 bathrooms, and a large conference room with a wet bar.

The residential portion consists of 9 apartments, and there is retail space totaling 2 spaces. The property also includes a structure where 1 retail space with an apartment can be sold separately, providing flexibility for buyers seeking a smaller or more focused ownership configuration.

With final touches being applied, the layout supports multiple day-to-day needs across office, living, and retail uses in a single downtown building.

Key Highlights

  • 15,524 SF renovated mixed‑use building with office, residential, and retail space
  • Office suite includes 10+ offices, reception area, full kitchen, lunchroom, and 2 bathrooms
  • Large conference room with wet bar in the office component

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Restaurant Building Supply Auto Repair Shop Big Box & Wholesale Store Law Firm

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

9
Residential units

Location Intelligence

Trade Area within ½ mile

265
Businesses Nearby

Demographics for 44875, OH

13,900
Population
6,211
Households
2.2
Avg Household Size
42
Median Age
15%
College-Educated
93%
High-School Grad
81.5 sq mi
ZIP Area
171
Density / Sq Mi
$60,669
Median Household Income
$35,774
Median Earnings
$727
Median Rent
$146,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Properties on Market for Mixed-use properties in Richland County

Jul
Aug
Sep
Oct

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

Frequently Asked Questions

What type of property is this?
Mixed-use property - Renovated mixed-use building with office space, 9 apartments, and 2 retail spaces totaling 15,524 SF.
Where is this mixed-use property located?
The property is located at 48 W Main St Shelby, OH.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: 15,524 SF renovated mixed‑use building with office, residential, and retail space; Office suite includes 10+ offices, reception area, full kitchen, lunchroom, and 2 bathrooms; Large conference room with wet bar in the office component
(614) 316-2870 · Office Call to check price and availability
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