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    OFF-MARKET
    Investment properties

    244 Main St, Van Wert, OH 45891-1637

    Built 2000
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US66-5000707
    Property summary
    AI-generated overview

    This exceptional 6,008-square-foot retail property, located at 244 W Main Street in Van Wert, Ohio, presents a unique investment opportunity. Situated on a 0.6-acre lot (26,049 square feet) in Van Wert County, this single-tenant building boasts high visibility at the southeast corner of Lincoln Highway and S Shannon Street. The property features ample on-site parking with over 35 spaces, catering to both customers and employees. Its location within the heart of Van Wert's business district ensures excellent access to a thriving customer base. The building's history as a well-known retail establishment in the community provides immediate brand recognition and benefits from established landmark status and prominent signage opportunities. Currently fully vacant, this space is ready for immediate occupancy and offers a chance to establish or expand a business in a prime location. The property's size and features make it suitable for a variety of retail uses. This is an exceptional opportunity to acquire a well-positioned, high-visibility retail space in a strong commercial area. The zip code is 45891.

    Property profile
    Verified
    Property type Investment properties
    Use group OFFICE/RESIDENTIAL (MIXED USE)
    Year built 2000
    Construction CONCRETE BLOCKS
    APN 12-032700.0000
    UPID US66-5000707
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Kah III LLC · 5 yrs held
    Kah III LLC
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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