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Office Building With Rear Access
For Sale
$199,900

717 S Main Street, Bellefontaine, OH 43311

Commercial Sale, Bellefontaine, OH

Property Size1,384 SF
Lot Size0.14 Acres
Price / SF$144.44
Days on Market169

Property Features for 717 S Main Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business, Residential
Parking 6
Parking features Parking Lot
Patio and Porch features Porch
Basement Unfinished
Directions Main Street (US 68) to address
Subdivision 901 Bellefontaine
Standard status Active
APN 170912007003000
Size 1,384 SF
Lot size 0.14 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer
Heating system Natural Gas, Forced Air
Cooling system Central Air

Amenities

sophisticated stamped concrete front porch
rear entry provides convenient no-step access to the main floor

Building Details

Year built 1900
Building materials Vinyl Siding
Listing Agency: Zimmerman Realty Ltd.
Listed By: Kyle Springs · License #2005015645
Added: Apr 21 Changed: Sep 2 Last Checked: Oct 6 at 9:06AM
MLS# 1045142

Copyright © 2026 Western Regional Information System & Technology, Inc. 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.

Located at 717 S Main Street in Bellefontaine, this 1,384-square-foot office property occupies a 0.14-acre parcel. The building dates to 1900 and is finished with vinyl siding. Its current configuration serves professional office use, with a front porch and a rear entrance providing no-step access to the main floor.

Building systems include forced-air heating fueled by natural gas, central air conditioning, and public sewer service. A parking lot supports on-site vehicle access, while the porch adds a defined arrival area for visitors and clients. The property is situated in Bellefontaine, Ohio, within Logan County and ZIP Code 43311.

Key Highlights

  • 1,384‑square‑foot office property on a 0.14‑acre parcel
  • Current professional office configuration
  • No‑step rear entry reaches the main floor

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$17,007
Cap Rate
8.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,140 $340.1K
Cap Rate 7%
$242,957 $243.0K
Cap Rate 9%
$188,967 $189.0K
Market Conditions
NOI Build-Up for 1,384 SF
Gross rent
$29.8K $21.53/SF
− Vacancy
−$7.1K −$5.15/SF
EGI
$22.7K $16.38/SF
− OpEx
−$5.7K −$4.10/SF
NOI
$17.0K $12.29/SF
Area
Logan County, OH
Vacancy
23.90%
Lease Rate
$21.53 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$340,140
Cap Rate 7%
$242,957
Cap Rate 9%
$188,967

Alternative Uses

Best Use
Office B
$243.0K
$212.6K – $283.5K (±1% cap)
NOI $17,007 @ 7.0% cap · market cap 8.51%
Second Best
Retail
$77.4K
$67.7K – $90.3K (±1% cap)
NOI $5,418 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$279.4K
$244.5K – $325.9K (±1% cap)
NOI $19,556 @ 7.0% cap · market cap 9.78%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

4-Ever Young Aesthetics ... Spa & Massage Center

Suggested Use

Top Pick Real Estate Agency Parking Lot & Garage (Bike/Boat/Book/etc) Store Electrical Service Computer & Electronic Repair Kitchen & Bath Showroom

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

291
Businesses Nearby

Demographics for 43311, OH

20,029
Population
9,497
Households
2.1
Avg Household Size
40
Median Age
17%
College-Educated
93%
High-School Grad
103.8 sq mi
ZIP Area
193
Density / Sq Mi
$64,217
Median Household Income
$40,341
Median Earnings
$833
Median Rent
$183,000
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Professional office property with parking, a front porch, and no-step rear access to the main floor.
Where is this office units located?
The property is located at 717 S Main Street Bellefontaine, OH.
What is the asking price?
The asking price for this property is $199,900.
What are key features of this property?
This property features: 1,384‑square‑foot office property on a 0.14‑acre parcel; Current professional office configuration; No‑step rear entry reaches the main floor
More about this property
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