Standalone Storefront
For Sale
$410,000
73 W Main Street, Amelia, OH 45102
COMMERCIAL - Batavia Twp, OH
Property Size1,718 SF
Lot Size0.31 Acres
Price / SF$238.65
Days on Market9
Property Features for 73 W Main Street
General Information
Property type
Commercial Sale
Property subtype
Other
Directions
I-275 to Beechmont/ Bethel exit. Turn East off the exit. Property is located on the left.
Subdivision
Clermont-C01
Standard status
Active
APN
050103.084
Size
1,718 SF
Lot size
0.31 Acres
Utilities
Heating system
Forced Air, Natural Gas
Building Details
Year built
1865
Flooring type
Concrete, Tile
Building materials
Aluminum Siding
Roof type
Shingle
Listing Agency:
eXp Realty
(216) 242-2322
Listed By:
Sharon Burton
(866) 212-4991
Added: Aug 1
Changed: Aug 5
Last Checked: Aug 9 at 10:06AM
MLS# 1888537
Copyright © 2026 MLS of Greater Cincinnati, 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.
This standalone storefront property offers 1,718 square feet on a 0.3102-acre lot. The building includes interior updates, tile and concrete flooring, natural gas forced-air heat, aluminum siding, and a shingle roof. A separate 14-by-20-foot utility shed adds ancillary storage or service space. Built in 1865, the property presents a practical commercial layout with on-site parking and frontage along W Main Street. Its configuration can accommodate retail, professional service, or office operations, with immediate occupancy noted in the listing information.
Key Highlights
- 1,718 SF standalone commercial building
- 0.3102‑acre lot with frontage along W Main Street
- Separate 14‑by‑20‑foot utility shed
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$16,686
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
4.07%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$333,720
$333.7K
Cap Rate 7%
$238,371
$238.4K
Cap Rate 9%
$185,400
$185.4K
Market Conditions
NOI Build-Up for 1,718 SF
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.
Gross rent
$25.8K $15.00/SF
− Vacancy
−$1.9K −$1.13/SF
EGI
$23.8K $13.88/SF
− OpEx
−$7.2K −$4.16/SF
NOI
$16.7K $9.71/SF
Area
Clermont County, OH
Vacancy
7.50%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$333,720
Cap Rate 7%
$238,371
Cap Rate 9%
$185,400
Alternative Uses
Best Use
Retail
$238.4K
$208.6K – $278.1K
NOI $16,686 @ 7.0% cap · market cap 4.07%
Second Best
Office B
$231.0K
$202.1K – $269.5K
NOI $16,170 @ 7.0% cap · market cap 3.94%
Theoretical Best
Office A
$308.0K
$269.5K – $359.3K
NOI $21,560 @ 7.0% cap · market cap 5.26%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
272
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 45102, OH
24,954
Population
9,923
Households
2.5
Avg Household Size
38
Median Age
24%
College-Educated
87%
High-School Grad
22.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$76,015
Median Household Income
$43,442
Median Earnings
$910
Median Rent
$218,500
Median Home Value
Market
Vacancy Rate% for Office in Midwest region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Amelia Florist Wine and Gift Shop — 1406 Ohio Pike, Amelia, OH 45102
Frequently Asked Questions
What type of property is this?
Storefront property - Updated interior, on-site parking, and a flexible floor plan support a range of commercial uses.
Where is this storefront property located?
The property is located at 73 W Main Street Amelia, OH.
What is the asking price?
The asking price for this property is $410,000.
What are key features of this property?
This property features: 1,718 SF standalone commercial building; 0.3102‑acre lot with frontage along W Main Street; Separate 14‑by‑20‑foot utility shed
