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850 East Main Street, Smithville, OH, 44677
Dollar General Retail Store

850 East Main Street Smithville, OH 44677

For Sale
Contact for pricing

For sale is a Dollar General retail store totaling 9,398 SF.

Property Size9,398 SF
Price / SF$139.34
Days on Market82

Property Features for 850 East Main Street

General Information

Standard status
Active
Size
9,398 SF
Property subtype
Retail

Building Details

Year Built
2019
Listing Agency: Schuchert Retail Group
Listed By: Jim Schuchert · License #01969414
Source: Crexi
Added: May 5 Changed: Jul 21 Last Checked: Jul 22 at 2:58PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Schuchert Retail Group


Investment Insights

Based on property information with market context.

Schuchert Retail Group is pleased to exclusively present for sale a 9,398 SF Dollar General retail store.

The property is located at 850 E Main St in Smithville, OH (44677).

Key Highlights

  • 9,398 SF Dollar General retail store for sale at 850 E Main St, Smithville, OH 44677
  • Year built: 2019

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 $141.0k $15.00
− Vacancy −$5.9k −$0.63
EGI $135.0k $14.37
− OpEx −$40.5k −$4.31
NOI $94.5k $10.06
9,398 SF · lease $15.00/SF/yr · vacancy 4.20% · expense 30.00%

Alternative Uses

Best Use
Retail
$1.35M
$1.18M – $1.58M (±1% cap)
NOI $94,534 @ 7.0% cap · market cap 7.22%
Second Best
—
—
no second resolved use
Theoretical Best
Multifamily LT 5
$6.87M
$6.01M – $8.01M (±1% cap)
NOI $480,816 @ 7.0% cap · market cap 36.72%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Dollar General Discount Store Western Union Bank

Suggested Use

Auto Parts Store Electrical Service (Bike/Boat/Book/etc) Store Grocery & Convenience Store Real Estate Agency (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Auto Repair Shop Butcher

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - For sale is a Dollar General retail store totaling 9,398 SF.
Where is this retail space located?
The property is located at 850 East Main Street Smithville, OH.
What is the asking price?
The asking price for this property is $1,309,559.
What are key features of this property?
This property features: 9,398 SF Dollar General retail store for sale at 850 E Main St, Smithville, OH 44677; Year built: 2019
More about this property
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