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    216 Main St Granville, OH 43023

    For Sale
    $1,239,000

    Historic Granville Office Space, High Potential

    Property size:
    3,543 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    This exceptional investment opportunity presents two adjoining office buildings located at 216 & 222 S Main Street in the heart of Granville, Ohio. The combined space totals 3,543 square feet, situated on a 6,534 square foot lot. Built in 1900, these buildings offer a unique blend of historical charm and modern commercial potential. The asking price is $1,239,000, translating to a price per square foot of $340.76. Ideally situated in Granville's Village Business District, these properties benefit from a prime location within a thriving commercial area known for its rich history and strong community. Both buildings are subject to a deed restriction prohibiting veterinary medicine practices. This presents a compelling opportunity for office users seeking a prestigious address or investors looking for a strong return in a desirable market. The strategic location and substantial potential make this a truly exclusive offering. Don't miss the chance to acquire this well-positioned property in a vibrant Ohio town.

    Property Features for 216 Main St

    General Information

    Property type
    Office Properties & Spaces
    Square Feet
    3,543 SF

    Building Details

    Year Built
    1900

    HighLights

    • $1,239,000 asking price.
    • 3,543 square foot office building.
    • $340.76 price per square foot.
    • 1900 year built.
    • 6,534 square foot lot.
    • Located at 216 & 222 S Main Street, Granville, OH 43023.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Granville Veterinary Clinic: ... Veterinarian

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Granville
    County
    Licking
    State
    Ohio
    Longitude
    -82.5200345
    Latitude
    40.0662097

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    FAQs

    What type of property is this?
    Office Property / Space - Historic Granville Office Space, High Potential
    Where is this office property / space located?
    The property is located at 216 Main St Granville, OH.
    What is the asking price?
    The asking price for this property is $1,239,000.
    What are key features of this property?
    This property features: $1,239,000 asking price.; 3,543 square foot office building.; $340.76 price per square foot.
    Request Owner's contact information
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    Granville, OH 43023
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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
    216 Main St Granville, OH 43023
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