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    281 Main St Xenia, OH 45385

    For Lease
    Contact for pricing

    8,000 SF Freestanding Retail Space

    Lot size:
    8,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional freestanding retail building, located at 281 E Main St in Xenia, Ohio, presents a unique investment opportunity. The property boasts a substantial 8,000 square feet of space, ideally suited for a variety of retail uses. Its single-tenant configuration offers simplicity and ease of management. Situated in Greene County, Ohio, with a zip code of 45385, this property benefits from excellent visibility and accessibility due to its prime location on East Main Street. The building's structure is well-maintained and ready for immediate occupancy, minimizing upfront capital expenditures. The property's size and location make it an attractive option for established businesses seeking expansion or new ventures looking to establish a strong presence in a thriving community. The building's previous use as a Dollar General store demonstrates its suitability for high-traffic retail operations. This presents a chance to acquire a well-positioned asset in a stable market. Detailed property information, including precise latitude and longitude coordinates (39.68487950744736, -83.92467002677758), is available upon request. This is a rare opportunity to acquire a substantial retail space in a desirable location. Serious inquiries are encouraged.

    Property Features for 281 Main St

    General Information

    Property type
    Individual retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,000 SF

    Unit(s) available at that property

    Space
    Size
    8,000 SF

    HighLights

    • Former Dollar General building for sale.
    • Freestanding structure.
    • Located in Xenia, Ohio.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Western Union Money Transfer Service Dollar General Dollar Store

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Xenia
    County
    Greene
    State
    Ohio
    Longitude
    -83.924670026778
    Latitude
    39.684879507447

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    FAQs

    What type of property is this?
    Individual retail property - 8,000 SF Freestanding Retail Space
    Where is this individual retail property located?
    The property is located at 281 Main St Xenia, OH.
    What are key features of this property?
    This property features: Former Dollar General building for sale.; Freestanding structure.; Located in Xenia, Ohio.
    Request Owner's contact information
    281 Main St Xenia, OH 45385
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    Xenia, OH 45385
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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
    281 Main St Xenia, OH 45385
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