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    1 Main St Middletown, OH 45042

    For Sale
    $1,250,000

    69,662 SF Office Building - $1.25M

    Property size:
    69,662 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional 69,662 square foot, six-story Class B office building presents a unique investment opportunity in the heart of Middletown, Ohio. Located at 1 N Main St, this vacant property boasts unbeatable visibility on North Main and Central Avenue, offering significant branding potential. Built in 1969 and renovated in 2014, the building sits on a 0.299-acre lot and is zoned UCC - Urban Core Central Subdistrict, allowing for a variety of uses. The asking price has been reduced to $1,250,000, translating to an attractive price per square foot of $17.94. Adjacent surface parking is available through the City of Middletown, providing ample convenience for tenants. This single-building property offers the chance to create a thriving multi-tenant environment, capitalizing on its prime location and substantial square footage. The property's APN is Q6511008000061. This is a rare opportunity to acquire a well-located, sizable office building in a growing Ohio market. The building's substantial size and prominent location make it an ideal candidate for redevelopment or repositioning. Don't miss this chance to secure a valuable asset in a revitalizing downtown area.

    Property Features for 1 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    69,662 SF
    Class
    B
    Lot Size
    13,024 SF

    Building Details

    Year Built/Renovated
    1969/2014
    Buildings
    1
    Stories
    6

    HighLights

    • $1,250,000 asking price for this 69,662 SF office building.
    • Vacant, Class B, traditional office building.
    • Located at 1 N Main St, Middletown, OH 45042.
    • 6‑story building, built in 1969, renovated in 2014, situated on a 0.299‑acre lot.
    • Zoned UCC - Urban Core Central Subdistrict, offering high visibility on North Main & Central Avenue.
    • Adjacent surface parking available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Map

    City
    Middletown
    County
    Butler
    State
    Ohio
    Longitude
    -84.4045126
    Latitude
    39.5171424

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    FAQs

    What type of property is this?
    Office Property / Space - 69,662 SF Office Building - $1.25M
    Where is this office property / space located?
    The property is located at 1 Main St Middletown, OH.
    What is the asking price?
    The asking price for this property is $1,250,000.
    What are key features of this property?
    This property features: $1,250,000 asking price for this 69,662 SF office building.; Vacant, Class B, traditional office building.; Located at 1 N Main St, Middletown, OH 45042.
    (513) 549-5440
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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
    1 Main St Middletown, OH 45042
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