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Corner Retail Storefront

800 walnut Millville, OH 45013

New
800 walnut, Millville, OH, 45013
$300,000
For Sale
$300,000

SINGLE_FAMILY - Millville, OH

Property Size4,230 SF
Lot Size0.24 Acres
Price / SF$70.92
Days on Market2

Property Features for 800 walnut

General Information

Property type
Residential
Property subtype
Retail
Standard status
Active
APN
B1500037000009
Size
4,230 SF
Lot size
0.24 Acres

Utilities

Heating system
Natural Gas, Forced Air

Building Details

Year built
1850
Flooring type
Carpet, Vinyl
Building materials
Aluminum Siding
Roof type
Shingle
Listing Agency RE/MAX Incompass
6964 Tylersville Rd, Trenton, OH
Listed by Todd Helton
Added: Jul 16 Checked: Jul 17 at 12:06 am
MLS# 1887057

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 corner retail storefront is currently operating as a country gift store. The property includes glass block windows and has undergone recent exterior and electrical updates, including a new roof, box gutters, down spouts, and electric upgrades.

Located at 800 Walnut in Millville, Ohio (Butler County), the building benefits from a corner commercial placement.

The property is listed for sale and totals 4,230 square feet, on a 0.2397-acre lot.

Key Highlights

  • 1850 year built commercial property on a corner lot
  • New roof plus box gutters and down spouts
  • Electric upgrades and heating includes natural gas forced air

Local Financial Insights For Retail

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 $27.4k $6.48
− Vacancy −$1.8k −$0.41
EGI $25.7k $6.07
− OpEx −$7.7k −$1.82
NOI $18.0k $4.25
4,230 SF · lease $6.48/SF/yr · vacancy 6.40% · expense 30.00%

Alternative Uses

Best Use
Retail
$256.6K
$224.5K – $299.3K (±1% cap)
NOI $17,959 @ 7.0% cap · market cap 5.99%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$836.4K
$731.8K – $975.8K (±1% cap)
NOI $58,545 @ 7.0% cap · market cap 19.52%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Storefront properties

FAQs

What type of property is this?
Storefront property - Single-story retail storefront currently operating as a country gift store, with new roof and glass block windows.
Where is this storefront property located?
The property is located at 800 walnut Millville, OH.
What is the asking price?
The asking price for this property is $300,000.
What are key features of this property?
This property features: 1850 year built commercial property on a corner lot; New roof plus box gutters and down spouts; Electric upgrades and heating includes natural gas forced air
Contact an agent
More about this property
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