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    311 Main St Celina, OH 45822

    Sponsored
    For Sale
    $325,000

    Downtown Celina: 15,498 SF Office Space

    Property size:
    15,498 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    397
    This exceptional mixed-use property, located at 311 S Main St in Celina, Ohio, presents a unique investment opportunity. The 15,498 square foot building, constructed in 1924, boasts a prime downtown location and offers versatile space ideal for a variety of uses. Currently configured as a creative and traditional office space, the building's open floor plan allows for extensive customization to suit individual needs. The substantial 0.53-acre lot provides ample space, and the possibility of building on the adjacent alley adds further development potential. The building's two stories provide flexibility, with the upper level offering stunning views of downtown Celina and Grand Lake. Previous demolition work has already been completed, significantly reducing the initial investment required for renovation or redevelopment. An additional parking lot situated west of the building provides convenient parking for tenants or customers. This property is privately owned and represents a rare chance to acquire a substantial building in a thriving Ohio community. The building's central location and adaptable space make it suitable for a wide range of commercial ventures, including restaurants, housing, entertainment venues, or a combination of uses. The asking price is $325,000.

    Property Features for 311 Main St

    General Information

    Property type
    Office space
    Square Feet
    15,498 SF
    Lot Size
    23,087 SF

    Building Details

    Year Built
    1924
    Buildings
    1
    Stories
    2

    HighLights

    • $325,000 asking price.
    • 15,498 square foot mixed‑use office building.
    • Located at 311 S Main St, Celina, OH 45822.
    • 1924 construction, two stories.
    • 0.53‑acre lot, private ownership.
    Property Profile Location Intelligence

    Current Use by Public Records

    Office space

    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
    Celina
    County
    Mercer
    State
    Ohio
    Longitude
    -84.5710919
    Latitude
    40.5464434

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    FAQs

    What type of property is this?
    Office space - Downtown Celina: 15,498 SF Office Space
    Where is this office space located?
    The property is located at 311 Main St Celina, OH.
    What is the asking price?
    The asking price for this property is $325,000.
    What are key features of this property?
    This property features: $325,000 asking price.; 15,498 square foot mixed-use office building.; Located at 311 S Main St, Celina, OH 45822.
    Request Owner's contact information
    311 Main St Celina, OH 45822
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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
    311 Main St Celina, OH 45822
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