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    Main St New Knoxville, OH 45871

    For Sale
    $1,494,321

    Ohio Grocery Store - 100% Occupancy

    Property size:
    14,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This profitable, fully occupied grocery store in New Knoxville, Ohio, presents a unique investment opportunity. The 14,000 square foot store is situated on S Main St, in Auglaize County, and boasts 100% occupancy. The asking price is $1,494,321, translating to $106.74 per square foot. This well-established business enjoys a prime location, offering ample free parking for customer convenience. The property has undergone renovations, ensuring modern facilities for a superior shopping experience. The store's strong financial performance is evidenced by its impressive annual gross sales and income figures. This turnkey operation provides a stable income stream and significant potential for future growth. The property is easily accessible, with high daily traffic counts, and benefits from strong local demand. This is an exceptional opportunity to acquire a thriving grocery store in a desirable location. The property's history of success, combined with its modern amenities and convenient location, makes it an attractive investment for discerning buyers. The store's comprehensive product selection, including fresh produce, meats, bakery items, and a wide variety of beverages, caters to a broad customer base. The addition of food delivery services further enhances customer satisfaction and contributes to the overall success of the business. This is a rare chance to own a well-established and profitable grocery store in a thriving community.

    Property Features for 0 Main St

    General Information

    Property type
    Individual retail properties
    Square Feet
    14,000 SF

    HighLights

    • $1,494,321 asking price for a 14,000 square foot grocery store in New Knoxville, OH.
    • Single‑tenant, 100% occupied retail property.
    • $106.74 price per square foot.
    • Located on S Main St, New Knoxville, OH 45871.
    Property Profile Location Intelligence

    Current Use by Public Records

    Grocery and convenience stores

    Map

    City
    New Knoxville
    County
    Auglaize
    State
    Ohio
    Longitude
    -84.3167144
    Latitude
    40.4918777

    FAQs

    What type of property is this?
    Individual retail property - Ohio Grocery Store - 100% Occupancy
    Where is this individual retail property located?
    The property is located at Main St New Knoxville, OH.
    What is the asking price?
    The asking price for this property is $1,494,321.
    What are key features of this property?
    This property features: $1,494,321 asking price for a 14,000 square foot grocery store in New Knoxville, OH.; Single-tenant, 100% occupied retail property.; $106.74 price per square foot.
    Request Owner's contact information
    Main St New Knoxville, OH 45871
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    New Knoxville, OH 45871
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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
    Main St New Knoxville, OH 45871
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