Mixed-Use Property with
For Sale
$1,300,000
613 Chillicothe Street, Portsmouth, OH 45662
Commercial Sale, Portsmouth, OH
Property Size13,049 SF
Lot Size0.11 Acres
Price / SF$99.62
Days on Market12
Property Features for 613 Chillicothe Street
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
420 retail
Subdivision
Portsmouth
Standard status
Active
APN
29-0263.000 & 29-0333.000
Size
13,049 SF
Lot size
0.11 Acres
Taxes and HOA fees
Tax Description
CITY MID PT. EA. 26FT 7IN X 108 LOT 290-299 MAP 22
Tax Annual Amount
3644
Legal Description
CITY MID PT. EA. 26FT 7IN X 108 LOT 290-299 MAP 22
Utilities
Sewer type
Public Sewer
Heating system
Floor Furnace, Natural Gas
Cooling system
Central Air
Water source
Public
Amenities
2 conference rooms
lounge areas
beverage station
rear deck
3 kitchens
4 bathrooms
mail station
print station
basic office supplies
Building Details
Year built
1914
Roof type
Rubber
Listing Agency:
OPTIMUM REALTY
(740) 353-6784
Listed By:
ANNA JOHNSON
(740) 727-8824
Added: Sep 25
Last Checked: Oct 6 at 1:06PM
MLS# 155906
Copyright © 2026 Greater Portsmouth Area Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
The 13,049-square-foot mixed-use property combines professional office space with an upstairs apartment. The apartment measures 1,020 square feet and has been remodeled. Office facilities include two conference rooms, several lounge areas, three kitchens, and four bathrooms, one equipped with a shower and another with a washer and dryer. A rear deck provides additional shared space, and tenants have access to furnished offices, utilities, internet, and phone service.
The building accommodates up to 20 businesses and has an approximate vacancy rate of 10%. Shared amenities also include a beverage station, mail and postage area, printing station, and basic office supplies. The property was built in 1914 and is served by public water and sewer; heating is natural gas and cooling is central air.
The building accommodates up to 20 businesses and has an approximate vacancy rate of 10%. Shared amenities also include a beverage station, mail and postage area, printing station, and basic office supplies. The property was built in 1914 and is served by public water and sewer; heating is natural gas and cooling is central air.
Key Highlights
- 13,049 square feet of mixed‑use space
- Remodeled 1,020‑square‑foot upstairs apartment
- Office space for up to 20 businesses; approximate vacancy rate of 10%
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,682
Cap Rate
3.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,640
$873.6K
Cap Rate 7%
$624,029
$624.0K
Cap Rate 9%
$485,356
$485.4K
Market Conditions
NOI Build-Up for 13,049 SF
Gross rent
$76.5K $5.86/SF
− Vacancy
−$6.6K −$0.50/SF
EGI
$69.9K $5.36/SF
− OpEx
−$26.2K −$2.01/SF
NOI
$43.7K $3.35/SF
Area
Scioto County, OH
Vacancy
8.60%
Lease Rate
$5.86 /SF/Yr
Expense Ratio
37.50%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$873,640
Cap Rate 7%
$624,029
Cap Rate 9%
$485,356
Alternative Uses
Best Use
Office B
$2.29M
$2.00M – $2.67M
NOI $159,977 @ 7.0% cap · market cap 12.31%
Second Best
Mixed Use
$624.0K
$546.0K – $728.0K
NOI $43,682 @ 7.0% cap · market cap 3.36%
Theoretical Best
Office A
$2.78M
$2.43M – $3.24M
NOI $194,385 @ 7.0% cap · market cap 14.95%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
1
Residential units
90%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,142
Businesses Nearby
Explore this area
Business Placement
Demographics for 45662, OH
27,718
Population
12,955
Households
2.1
Avg Household Size
39
Median Age
17%
College-Educated
87%
High-School Grad
55.5 sq mi
ZIP Area
499
Density / Sq Mi
$37,345
Median Household Income
$30,399
Median Earnings
$756
Median Rent
$98,100
Median Home Value
Check the figures for this property
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Market
Vacancy Rate% for Office in Midwest region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Office suites feature shared meeting rooms, lounge areas, and support amenities for business tenants.
Where is this mixed-use property located?
The property is located at 613 Chillicothe Street Portsmouth, OH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 13,049 square feet of mixed‑use space; Remodeled 1,020‑square‑foot upstairs apartment; Office space for up to 20 businesses; approximate vacancy rate of 10%
