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    320 Paint St Chillicothe, OH 45601

    Sponsored
    For Sale
    $1,500,000

    Turnkey Tire Shop, Established Business, Ohio

    Property size:
    7,107 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional investment opportunity presents a well-established and turnkey tire repair shop in Chillicothe, Ohio, listed at $1,500,000. The property boasts a total of 7,107 square feet across multiple buildings situated on a substantial 49,222.8 square foot lot. The main building, encompassing a garage, office, and tire warehouse, offers 7,107 square feet of space. Additional structures include a 640 square foot garage, a 1,368 square foot former car wash now used for storage, and a 1,120 square foot service station. The property includes recently updated equipment, featuring two tire changers, two balancers, a post changer, a computerized alignment rack, and a newer lift. The net rentable square footage is 1,848 square feet, with a price per square foot of $811.69. Built in 1961, this property offers a unique blend of established business and significant real estate potential in a prime Southern Ohio location. The address is 320 S Paint Street, Chillicothe, OH 45601. This is a rare opportunity to acquire a profitable, established business with substantial real estate holdings.

    Property Features for 320 Paint St

    General Information

    Property type
    Specialty properties
    Square Feet
    7,107 SF

    Building Details

    Year Built
    1961

    HighLights

    • $1,500,000 asking price for a 7,107 SF special purpose property.
    • 1,848 SF net rentable area.
    • $811.69 price per square foot.
    • Built in 1961, situated on a 49,222.8 SF lot in Chillicothe, OH.
    • Turnkey tire repair shop with existing equipment included.
    Property Profile Location Intelligence

    Current Use by Public Records

    Jack's Tire and Auto ... Tire Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Chillicothe
    County
    Ross
    State
    Ohio
    Longitude
    -82.9806904
    Latitude
    39.3259359

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    FAQs

    What type of property is this?
    Specialty property - Turnkey Tire Shop, Established Business, Ohio
    Where is this specialty property located?
    The property is located at 320 Paint St Chillicothe, OH.
    What is the asking price?
    The asking price for this property is $1,500,000.
    What are key features of this property?
    This property features: $1,500,000 asking price for a 7,107 SF special purpose property.; 1,848 SF net rentable area.; $811.69 price per square foot.
    Request Owner's contact information
    320 Paint St Chillicothe, OH 45601
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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
    320 Paint St Chillicothe, OH 45601
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