Two-Story Building with Flexible
Arch St Zanesville, OH
For Sale
Contact for pricing
10,000 SF building suitable for medical, office, or retail.
Property Size10,000 SF
Lot Size0.46 Acres
Price / SF$150
Days on Market251
Property Features for Arch St
General Information
Standard status
Active
Size
10,000 SF
Lot size
0.46 Acres
Property subtype
OFFICE
Listing Agency:
Coldwell Banker Commercial - Aspire Realty Services | Columbus
(740) 819-4619
Listed By:
Kim Benincasa · License #SAL.2002002311
(740) 819-4619
Source:
Moodyscre
Added: Nov 18, 2025
Changed: Jul 6
Last Checked: Jul 21 at 5:30AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial - Aspire Realty Services | Columbus
Investment Insights
Based on property information with market context.
This 10,000 square foot, two-story building offers an owner-user or investment opportunity. The upper level features 5,000 square feet of finished medical office space. The 5,000 square feet street-level shell is ready for a custom build-out. The property will be delivered vacant at closing and is currently used for medical purposes. The flexible multi-tenant layout has potential for medical, office, or retail use. It is zoned C-2 & C-4, providing broad commercial flexibility. The building is located at a signalized intersection with strong visibility in a high-traffic corridor with signage exposure.
Key Highlights
- 5,000 SF finished medical office on upper level
- 5,000 SF street‑level shell ready for custom build‑out
- Zoned C‑2 & C‑4 for broad commercial flexibility
Financial Insights For Healthcare Medical
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $216.0k | $21.60 |
| − Vacancy | −$18.6k | −$1.86 |
| EGI | $197.4k | $19.74 |
| − OpEx | −$79.0k | −$7.90 |
| NOI | $118.5k | $11.85 |
10,000 SF · lease $21.60/SF/yr · vacancy 8.60% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$1.69M
$1.48M – $1.97M
NOI $118,454 @ 7.0% cap · market cap 7.90%
Second Best
Office B
$1.60M
$1.40M – $1.87M
NOI $112,320 @ 7.0% cap · market cap 7.49%
Theoretical Best
Office A
$2.17M
$1.90M – $2.53M
NOI $151,930 @ 7.0% cap · market cap 10.13%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Animal Crackers Veterinary Hospital — Springfield Township, OH 43701
- Maysville Animal Hospital — 1897 Pine St, Zanesville, OH 43701
- Smith Mary DVM — 1897 Pine St, Zanesville, OH 43701
- Smith Mike DVM — 1897 Pine St, Zanesville, OH 43701
Frequently Asked Questions
What type of property is this?
Medical Office Space - 10,000 SF building suitable for medical, office, or retail.
Where is this medical office space located?
The property is located at Arch St Zanesville, 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: 5,000 SF finished medical office on upper level; 5,000 SF street‑level shell ready for custom build‑out; Zoned C‑2 & C‑4 for broad commercial flexibility
