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    13-17 4Th St Martins Ferry, OH 43935

    Sponsored
    For Sale
    $199,000

    6,754 SF Multi-Tenant Commercial Property

    Property size:
    6,754 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional mixed-use building, located at 13-17 N 4th St in Martins Ferry, Ohio, presents a compelling investment opportunity. The 6,754 square foot property features a versatile layout, currently housing a successful bar/restaurant tenant (Belmont Brewerks) on the ground floor, with a vacant storefront also available. The upper two floors offer significant potential for renovation and development into additional rental spaces. The existing Belmont Brewerks lease will transfer to the new owner at closing, providing immediate and stable income. This prime location on a main thoroughfare in Martins Ferry ensures excellent visibility and high foot traffic. The property includes off-street parking and comprises two parcels. The building's history includes a former jewelry store (Z's Jewelry) in the storefront space, demonstrating the property's adaptability to various commercial uses. The asking price is $199,000, representing a strong value proposition for investors seeking a multi-tenant property with built-in income and significant upside potential through lease-up of the vacant space and development of the upper floors. This is a rare chance to acquire a well-situated commercial property in a thriving Ohio community. The property's zip code is 43935.

    Property Features for 13-17 4Th St

    General Information

    Property type
    Retail properties
    Square Feet
    6,754 SF

    HighLights

    • High‑visibility location on a main thoroughfare in Martins Ferry, OH.
    • Excellent visibility and high foot traffic.
    • Versatile 6,754 SF mixed‑use building with a vacant storefront, established bar/restaurant, and two upper floors for future development.
    • Stable income from established Belmont Brewerks tenant; lease assignment at closing.
    • Leasehold interest in Belmont Brewerks included in sale.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Martins Ferry
    County
    Belmont
    State
    Ohio
    Longitude
    -80.723894477559
    Latitude
    40.096063881843

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    FAQs

    What type of property is this?
    Retail property - 6,754 SF Multi-Tenant Commercial Property
    Where is this retail property located?
    The property is located at 13-17 4Th St Martins Ferry, OH.
    What is the asking price?
    The asking price for this property is $199,000.
    What are key features of this property?
    This property features: High-visibility location on a main thoroughfare in Martins Ferry, OH.; Excellent visibility and high foot traffic.; Versatile 6,754 SF mixed-use building with a vacant storefront, established bar/restaurant, and two upper floors for future development.
    Request Owner's contact information
    13-17 4Th St Martins Ferry, OH 43935
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    Martins Ferry, OH 43935
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    13-17 4Th St Martins Ferry, OH 43935
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