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    103 Main St Belle Center, OH 43310

    For Sale
    $125,000

    Historic building, high potential, two tenants.

    Property size:
    6,110 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    362
    This exceptional retail property at 103 E Main Street in Belle Center, Ohio, presents a unique investment opportunity. Boasting a total of 6,110 square feet, the building offers 3,055 square feet of net rentable space, currently occupied by two established businesses. The asking price is $125,000, translating to a price per square foot of $40.92. Constructed in 1900 and renovated in 2005, the building retains its historical charm, featuring beautiful tin ceilings above the drop ceiling. The property's versatile layout offers significant potential for redevelopment. The upper level is currently unfinished but presents an opportunity to create apartments, subject to obtaining necessary permits and zoning approvals. The building's location in the heart of Belle Center, Ohio (zip code 43310), within Logan County, provides excellent visibility and accessibility. Its historical character makes it ideal for a variety of uses, including a destination restaurant or unique retail space. The lot size is not specified. This property is an excellent choice for investors seeking a blend of established income and significant upside potential. Serious inquiries are encouraged.

    Property Features for 103 Main St

    General Information

    Property type
    Retail properties
    Square Feet
    6,110 SF

    Building Details

    Year Built/Renovated
    1900/2005

    HighLights

    • Exceptional retail investment opportunity in Belle Center, OH.
    • 6,110 square foot building with 3,055 square feet of net rentable space, currently occupied.
    • Asking price: $125,000 ($40.92/SF).
    • 1900 construction, renovated in 2005, featuring historical charm.
    • Unfinished upper level offers redevelopment potential (subject to permits).
    • Prime location in Belle Center, OH (43310), Logan County.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Jeff Rose Photography Photography Studio

    Suggested Use

    Restaurant Spa & Massage Hair Salon Nail Salon Auto Repair Shop Bar & Pub Bakery Convenience Store Garden Center Laundry Service

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

    Location Insight

    • Map
    • Local Demand
    City
    Belle Center
    County
    Logan
    State
    Ohio
    Longitude
    -83.7518981
    Latitude
    40.5077401

    Nearby Comparable

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    Nearby Similar for Sale

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      Belle Center Retail/Restaurant Opportunity

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      Turnkey Restaurant and Bar Opportunity

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    FAQs

    What type of property is this?
    Retail property - Historic building, high potential, two tenants.
    Where is this retail property located?
    The property is located at 103 Main St Belle Center, OH.
    What is the asking price?
    The asking price for this property is $125,000.
    What are key features of this property?
    This property features: Exceptional retail investment opportunity in Belle Center, OH.; 6,110 square foot building with 3,055 square feet of net rentable space, currently occupied.; Asking price: $125,000 ($40.92/SF).
    Request Owner's contact information
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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
    103 Main St Belle Center, OH 43310
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