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Renovated Mixed-Use Property
For Lease
$1,100,000

48 W Main Street #58, Shelby, OH 44875

Downtown commercial property combines office, residential, and retail components in one multi-use building.

Space SizeContact for details
Property Size15,524 SF
Days on Market12

Property Features for 48 W Main Street #58

General Information

Standard status Active
Size 15,524 SF
Total Parking Spaces 11
Zoning Commercial

Additional Details

Contiguous Space 4,800 SF

Taxes and HOA fees

Annual Taxes $1,815

Amenities

reception area
full kitchen
lunchroom
2 bathrooms
large conference room with wet bar

Building Details

Building Size 15,524 SF
Year Built 1920
Stories 2
Listing Agency: Kiger Realty
Listed By: Robert D Kiger
Source: Honnerlawrealestate
Added: Aug 19 Changed: Aug 28 Last Checked: Aug 29 at 10:22AM

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

Investment Insights

Based on property information with market context.

Originally built in 1920, this renovated mixed-use property brings together office, residential, and retail space. The first floor includes a 60' x 80' office area with more than 10 offices, reception, a full kitchen, lunchroom, two bathrooms, and a conference room with wet bar. Two retail stores, each measuring 80' x 20', are also located on the first floor.

The second floor contains nine apartments, while two retail spaces provide additional commercial use. Eleven leased parking spots are available behind the property, with large open lots located across the street behind City Hall. One retail space with an apartment may be separated from the remainder of the property.

Key Highlights

  • First floor includes 60' x 80' office space with 10+ offices
  • Two first‑floor retail stores, each measuring 80' x 20'
  • Second floor contains 9 apartments

Property Analytics

Current Use

Office buildings

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Spa & Massage Center Parking Lot & Garage

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

NNN (Triple Net)
Lease Type

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

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?
Mixed-use property - Downtown commercial property combines office, residential, and retail components in one multi-use building.
Where is this mixed-use property located?
The property is located at 48 W Main Street #58 Shelby, OH.
What is the lease rate?
The lease rate is $1,100,000.
What are key features of this property?
This property features: First floor includes 60' x 80' office space with 10+ offices; Two first‑floor retail stores, each measuring 80' x 20'; Second floor contains 9 apartments
More about this property
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