Mixed-Use Building with
9-11 S Main Street Mechanicsburg Mechanicsburg, OH 43044
9-11 S Main Street Mechanicsburg, Mechanicsburg, OH, 43044
$449,900
For Sale
$449,900
Downtown Mechanicsburg mixed-use property with a fitness center plus fully updated office space and two apartments.
Property Size4,736 SF
Price / SF$94
Days on Market20
Property Features for 9-11 S Main Street Mechanicsburg
General Information
- Standard status
- Active
- Size
- 4,736 SF
Building Details
- Year Built
- 1900
Listing agency
(614) 660-5959
Listed by
Brian McLaughlin
(614) 660-5959
Source
Movenowohio
Added: Jul 4 Updated: Jul 22 at 11:38PM Checked: Jul 23 at 2:40AM
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 Brian McLaughlin
Investment Insights
Based on property information with market context.
This mixed-use building includes two ground-floor spaces and apartments on the second floor. Suite 9 operates as a fitness center (Rush Fitness) and is included in the sale, along with current memberships and all existing gym equipment. Suite 11 is a fully updated office space featuring a kitchenette and bath. Both first-floor spaces offer front and rear alley access.
The second floor contains two updated apartments with a common hall that includes coin-operated washer and dryer facilities. Each apartment has large windows overlooking Main Street, with two bedrooms and one full bath.
The property is presented as a combined offering with the fitness center included and updated improvements across the office and residential units.
The second floor contains two updated apartments with a common hall that includes coin-operated washer and dryer facilities. Each apartment has large windows overlooking Main Street, with two bedrooms and one full bath.
The property is presented as a combined offering with the fitness center included and updated improvements across the office and residential units.
Key Highlights
- Mixed‑use Downtown Mechanicsburg building with 4,736 SF total building area (lot size 0.1 acre)
- Unit 9 is Rush Fitness and is included in the sale, along with current memberships and existing gym equipment
- Unit 11 is a fully updated office space with kitchenette and bath
Local Financial Insights For Multifamily LT 5
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 | $25.0k | $5.28 |
| − Vacancy | −$1.6k | −$0.34 |
| EGI | $23.4k | $4.94 |
| − OpEx | −$7.0k | −$1.48 |
| NOI | $16.4k | $3.46 |
4,736 SF · lease $5.28/SF/yr · vacancy 6.50% · expense 30.00%
Alternative Uses
Best Use
Office B
$813.9K
$712.2K – $949.6K
NOI $56,974 @ 7.0% cap · market cap 12.66%
Second Best
Multifamily LT 5
$233.8K
$204.6K – $272.8K
NOI $16,366 @ 7.0% cap · market cap 3.64%
Theoretical Best
Specialty Retail
$1.32M
$1.16M – $1.54M
NOI $92,471 @ 7.0% cap · market cap 20.55%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Fitness centers & gyms
FAQs
What type of property is this?
Fitness center & gym - Downtown Mechanicsburg mixed-use property with a fitness center plus fully updated office space and two apartments.
Where is this fitness center & gym located?
The property is located at 9-11 S Main Street Mechanicsburg Mechanicsburg, OH.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Mixed‑use Downtown Mechanicsburg building with 4,736 SF total building area (lot size 0.1 acre); Unit 9 is Rush Fitness and is included in the sale, along with current memberships and existing gym equipment; Unit 11 is a fully updated office space with kitchenette and bath
