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Three-Storefront Retail Building
New
For Sale
$425,000

703 Miami St, Urbana, OH 43078

B-2 zoning and separate heating and restroom facilities support a flexible commercial layout.

Property Size3,572 SF
Price / SF$118.98
Days on Market5

Property Features for 703 Miami St

General Information

Standard status Active
Size 3,572 SF
Zoning B-2

Building Details

Year Built 1991
Listing Agency: REMAX Alliance Realty
Listed By: V. Patrick Hamilton · License #2004002933
Source: El1tecollective
Added: Oct 1 Last Checked: Oct 4 at 3:04PM

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 REMAX Alliance Realty

Investment Insights

Based on property information with market context.

This 3,572-square-foot retail building, constructed in 1991, can function as one commercial space or be arranged as three storefronts. Each unit has its own furnace and private restroom, for three of each across the property. A blacktop parking lot serves the building, and the B-2 General Business zoning is in place.

The property is on Miami Street, which is also U.S. Highway 36, six blocks from downtown Urbana. Nearby destinations include Crabill's Hamburgers, The Depot Coffee House, and the Simon Kenton Bike Path. The three-storefront configuration allows for separate occupancy, while the individual heating systems and restrooms provide dedicated facilities for each unit.

Key Highlights

  • 3,572 square feet; built in 1991
  • Can operate as one commercial space or three storefronts
  • Three furnaces and three private restrooms, with one of each per unit

Property Analytics

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Current Use

Bolder Outfitters & Co. Production Facility

Suggested Use

Top Pick Real Estate Agency Restaurant Pharmacy Big Box & Wholesale Store Bakery Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

459
Businesses Nearby
13k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
United Dairy Farmers Shops & Services
12,775 visits/mo 0.4 miles

Demographics for 43078, OH

20,067
Population
8,904
Households
2.3
Avg Household Size
43
Median Age
22%
College-Educated
91%
High-School Grad
150.4 sq mi
ZIP Area
133
Density / Sq Mi
$72,500
Median Household Income
$40,854
Median Earnings
$909
Median Rent
$176,300
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Similar Off Market Nearby

  • H Holding and Company — 107 N Main St, Urbana, OH 43078
  • Bell's Flowers — 33 Monument Sq, Urbana, OH 43078
  • Ethel's Flower Shop — 239 Scioto St, Urbana, OH 43078

Frequently Asked Questions

What type of property is this?
Storefront property - B-2 zoning and separate heating and restroom facilities support a flexible commercial layout.
Where is this storefront property located?
The property is located at 703 Miami St Urbana, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: 3,572 square feet; built in 1991; Can operate as one commercial space or three storefronts; Three furnaces and three private restrooms, with one of each per unit
More about this property
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