Converted Office Building with No-Step
717 S Main Street Bellefontaine, OH 43311
717 S Main Street, Bellefontaine, OH, 43311
$219,900
For Sale
$219,900
Converted from a residence, this office building features a stamped concrete front porch and rear no-step entry.
Property Size1,384 SF
Price / SF$158.89
Days on Market94
Property Features for 717 S Main Street
General Information
- Standard status
- Active
- Size
- 1,384 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1900
Listing agency
Zimmerman Realty Ltd.
(937) 592-4896
Listed by
Kyle Springs · License #2005015645
(937) 592-4896
Source
Xome
Added: Apr 20 Updated: Jul 22 at 3:03AM Checked: Jul 22 at 3:03AM
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 Zimmerman Realty Ltd.
Investment Insights
Based on property information with market context.
This converted office building was originally a residence and has also previously been used as a boutique clothing shop. The property has been set up to accommodate professional office use, with a stamped concrete front porch and a rear entry that provides no-step access to the main floor for clients and visitors.
Located at 717 S Main Street in Bellefontaine, Ohio, the building offers a distinctive configuration for an owner-operator or tenant seeking a smaller, street-facing office environment.
Located at 717 S Main Street in Bellefontaine, Ohio, the building offers a distinctive configuration for an owner-operator or tenant seeking a smaller, street-facing office environment.
Key Highlights
- Converted from a residence to professional office space
- Stamped concrete front porch
- Rear entry offers no‑step access to the main floor
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $29.8k | $21.53 |
| − Vacancy | −$7.1k | −$5.15 |
| EGI | $22.7k | $16.38 |
| − OpEx | −$5.7k | −$4.10 |
| NOI | $17.0k | $12.29 |
1,384 SF · lease $21.53/SF/yr · vacancy 23.90% · expense 25.00%
Alternative Uses
Best Use
Office B
$243.0K
$212.6K – $283.5K
NOI $17,007 @ 7.0% cap · market cap 7.73%
Second Best
Healthcare Medical
$196.1K
$171.6K – $228.8K
NOI $13,726 @ 7.0% cap · market cap 6.24%
Theoretical Best
Office A
$279.4K
$244.5K – $325.9K
NOI $19,556 @ 7.0% cap · market cap 8.89%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
4-Ever Young Aesthetics ...
Spa & Massage Center
Similar For Sale Nearby
FAQs
What type of property is this?
Office building - Converted from a residence, this office building features a stamped concrete front porch and rear no-step entry.
Where is this office building located?
The property is located at 717 S Main Street Bellefontaine, OH.
What is the asking price?
The asking price for this property is $219,900.
What are key features of this property?
This property features: Converted from a residence to professional office space; Stamped concrete front porch; Rear entry offers no‑step access to the main floor
