Freestanding Retail
580 W Coshocton St, Johnstown, OH 43031
For Sale
Contact for pricing
Flexible, well-maintained space with signage opportunities and convenient customer access.
Property Size1,536 SF
Price / SF$618.49
Days on Market319
Property Features for 580 W Coshocton St
General Information
Standard status
Size
Property subtype
Zoning
Additional Details
Road Access
Building Details
Year Built
Listing Agency:
SHAI-Hess Commercial Real Estate
Listed By:
Brandon Hess
(740) 587-7441
Source:
Moodyscre
Added: Dec 24, 2025
Changed: Nov 5
Last Checked: Nov 6 at 9:45AM
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 SHAI-Hess Commercial Real Estate
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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.
This 1,536-square-foot freestanding retail building was built in 1990 and offers a flexible layout for a range of retail uses. The property is described as well maintained, with an efficient footprint that can support merchandising, customer service, or specialty retail concepts. Building and road signage opportunities provide additional exposure for an occupant or business operator.
Located along SR-62 in one of Johnstown’s established business districts, the property has frontage along a well-traveled roadway and convenient ingress and egress for customers. The surrounding area includes a mix of local and national retailers, supporting steady customer activity. The building is zoned retail and is also positioned for office or professional-service use as described in the property information.
Located along SR-62 in one of Johnstown’s established business districts, the property has frontage along a well-traveled roadway and convenient ingress and egress for customers. The surrounding area includes a mix of local and national retailers, supporting steady customer activity. The building is zoned retail and is also positioned for office or professional-service use as described in the property information.
Key Highlights
- 1,536‑square‑foot freestanding building built in 1990
- Flexible layout with an efficient footprint for retail customization
- Zoned retail for a range of permitted uses
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$27,991
Cap Rate
2.95%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,820
$559.8K
Cap Rate 7%
$399,871
$399.9K
Cap Rate 9%
$311,011
$311.0K
Market Conditions
NOI Build-Up for 1,536 SF
Gross rent
$41.5K $27.00/SF
− Vacancy
−$1.5K −$0.97/SF
EGI
$40.0K $26.03/SF
− OpEx
−$12.0K −$7.81/SF
NOI
$28.0K $18.22/SF
Area
Licking County, OH
Vacancy
3.58%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$559,820
Cap Rate 7%
$399,871
Cap Rate 9%
$311,011
Alternative Uses
Best Use
Retail
$399.9K
$349.9K – $466.5K
NOI $27,991 @ 7.0% cap · market cap 2.95%
Second Best
—
—
no second resolved use
Theoretical Best
Flex RnD
$1.23M
$1.08M – $1.44M
NOI $86,352 @ 7.0% cap · market cap 9.09%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
228
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43031, OH
13,189
Population
5,240
Households
2.5
Avg Household Size
42
Median Age
41%
College-Educated
97%
High-School Grad
85.0 sq mi
ZIP Area
155
Density / Sq Mi
$109,652
Median Household Income
$58,405
Median Earnings
$1,005
Median Rent
$341,300
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Kroger Floral — 800 W Coshocton St, Johnstown, OH 43031
Frequently Asked Questions
What type of property is this?
Storefront property - Flexible, well-maintained space with signage opportunities and convenient customer access.
Where is this storefront property located?
The property is located at 580 W Coshocton St Johnstown, OH.
What is the asking price?
The asking price for this property is $950,000.
What are key features of this property?
This property features: 1,536‑square‑foot freestanding building built in 1990; Flexible layout with an efficient footprint for retail customization; Zoned retail for a range of permitted uses
