Office Building With Rear
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 Market168
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.
(937) 592-4896
Listed By:
Kyle Springs · License #2005015645
(937) 843-9400
Added: Apr 21
Changed: Sep 2
Last Checked: Oct 5 at 11:06PM
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.
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
NOI $17,007 @ 7.0% cap · market cap 8.51%
Second Best
Retail
$77.4K
$67.7K – $90.3K
NOI $5,418 @ 7.0% cap · market cap 2.71%
Theoretical Best
Office A
$279.4K
$244.5K – $325.9K
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
Location Intelligence
Trade Area within ½ mile
291
Businesses Nearby
Explore this area
Business Placement
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
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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?
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
