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Downtown Mixed-Use Property

56 W Main Street, Shelby, OH 44875

For Lease
$1,100,000

Office, residential, and retail components are arranged across the building, with Commercial zoning.

Space SizeContact for details
Property Size4,800 SF
Days on Market108

Property Features for 56 W Main Street

General Information

Standard status Active
Size 4,800 SF
Zoning Commercial

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 4,800 SF
Year Built 1920
Stories 1
Listing Agency: Kiger Realty
Listed By: Robert D Kiger
Source: Douglaskeycresolutions
Added: Jul 26 Changed: Nov 8 Last Checked: Nov 9 at 6:46PM

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

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

At 56 W Main Street in Shelby, this mixed-use property includes office space, nine apartments on the second floor, and two retail spaces. The office area has more than 10 offices, a reception area, a full kitchen, a lunchroom, two bathrooms, and a large conference room with a wet bar. The building was constructed in 1920 and measures 4,800 square feet. Renovation work is nearing completion.

One retail space paired with an apartment may be sold separately. The property is zoned Commercial.

Key Highlights

  • 4,800‑square‑foot mixed‑use property
  • Nine second‑floor apartments
  • Two retail spaces; one may be sold separately with an apartment

Property Analytics

Current Use

Retail space

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 Multifamily in Midwest region

6.5% 2022
7.5% 2023
7.8% 2024
8% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Office, residential, and retail components are arranged across the building, with Commercial zoning.
Where is this mixed-use property located?
The property is located at 56 W Main Street Shelby, OH.
What is the lease rate?
The lease rate is $1,100,000.
What are key features of this property?
This property features: 4,800‑square‑foot mixed‑use property; Nine second‑floor apartments; Two retail spaces; one may be sold separately with an apartment
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