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    244 Main St Van Wert, OH 45891

    For Lease
    Contact for pricing

    Van Wert, OH: Prime Retail Space Available

    Lot size:
    6,008 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    369
    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 Features for 244 Main St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    6,008 SF

    Unit(s) available at that property

    Space
    Available Space
    Size
    6,008 SF
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Neighborhood centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Van Wert
    County
    Van Wert
    State
    Ohio
    Longitude
    -84.5861226
    Latitude
    40.8692338

    Nearby Comparable

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    Nearby Similar for Lease

    • $12 SF/Yr
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      Van Wert Retail Space

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      View Details

    FAQs

    What type of property is this?
    Neighborhood center - Van Wert, OH: Prime Retail Space Available
    Where is this neighborhood center located?
    The property is located at 244 Main St Van Wert, OH.
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    Van Wert, OH 45891
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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
    244 Main St Van Wert, OH 45891
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