Centerville Retail
890 S Main St Centerville, OH
890 S Main St, Centerville, OH, 00000
Contact for pricing
For Sale
Contact for pricing
Retail space available in Centerville, Ohio.
Property Size32,000 SF
Lot Size7.98 Acres
Price / SF$328.13
Days on Market239
Property Features for 890 S Main St
General Information
- Standard status
- Active
- Size
- 32,000 SF
- Lot size
- 7.98 Acres
- Property subtype
- RETAIL
Listing agency
3CRE Advisors, LLC - corporate
(513) 383-8413
Listed by
Michael Costantini · License #SAL.2014001869
(513) 383-8413
Source
Moodyscre
Added: Nov 24, 2025 Updated: Jul 6 at 9:50AM Checked: Jul 20 at 2:32AM
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 3CRE Advisors, LLC - corporate
Investment Insights
Based on property information with market context.
A retail opportunity is available in Centerville, Ohio, offering a junior box space ranging from 25,000 to 32,000 square feet. This versatile space is suitable for various retail applications, including grocery stores, department stores, soft goods retailers, food service establishments, and entertainment venues.
Key Highlights
- Large retail space: 25,000‑32,000 SqFt
- Versatile space suitable for various retail uses
- Located in Centerville, Ohio
Local Financial Insights For Specialty 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 | $576.0k | $18.00 |
| − Vacancy | −$44.4k | −$1.39 |
| EGI | $531.6k | $16.61 |
| − OpEx | −$132.9k | −$4.15 |
| NOI | $398.7k | $12.46 |
32,000 SF · lease $18.00/SF/yr · vacancy 7.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$5.70M
$4.98M – $6.65M
NOI $398,736 @ 7.0% cap · market cap 3.80%
Second Best
Retail
$5.32M
$4.65M – $6.20M
NOI $372,154 @ 7.0% cap · market cap 3.54%
Theoretical Best
Multifamily LT 5
$302.66M
$264.83M – $353.10M
NOI $21,186,144 @ 7.0% cap · market cap 201.77%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Retail space
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Retail space available in Centerville, Ohio.
Where is this retail space located?
The property is located at 890 S Main St Centerville, OH.
What is the asking price?
The asking price for this property is $10,500,000.
What are key features of this property?
This property features: Large retail space: 25,000‑32,000 SqFt; Versatile space suitable for various retail uses; Located in Centerville, Ohio
