Property profile

728 Main St Vermilion, OH 44089

OFF-MARKET
Retail space
Property ID
US66-2130946
6,230 SF 0.19 ac lot Built 1886
Individually Owned Free & Clear
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Property summary

AI-generated overview

This exceptional 15,000 square foot storefront, located at 728 Main St, Vermilion, OH 44089, presents a unique investment opportunity. Originally constructed in 1886 as the town's first congregational church, this two-story building boasts a rich history and has been meticulously maintained. Currently operating as an antique marketplace, the property offers incredible versatility, adaptable to a wide range of commercial uses. The spacious layout includes numerous rooms, providing ample flexibility for diverse business needs. A significant advantage is the inclusion of a two-bedroom apartment, ideal for owner-occupancy or generating supplemental rental income. Situated in the heart of historic downtown Vermilion, Ohio, this property enjoys a prime location just blocks from picturesque Lake Erie, ensuring high visibility and foot traffic. The property benefits from excellent curb appeal, enhanced by its proximity to a beautiful park. Zoned B-2, the permitted uses are extensive, making this a truly remarkable investment. The asking price is $450,000, translating to $30 per square foot. This is a rare chance to acquire a piece of Vermilion's history with significant potential for future growth and profitability. Don't miss this chance to own a landmark property in a thriving community.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1886
Total area 6,230 SF
Lot 0.19 ac (8,102 SF)
APN 18-02202-000
UPID US66-2130946

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Trade Show Venue (Bike/Boat/Book/etc) Store

Location

728 Main St Vermilion, OH 44089-1314
Vermilion metro Census 40100 SANDUSKY, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$305k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$305k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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