16531 Loudonville, OH 44842
This exceptional 1.69-acre property in Loudonville, OH, presents a unique business and investment opportunity. The 3,660-square-foot building, currently operating as a dry goods wholesale store, offers versatile space ideal for various ventures. The structure is divided into two equal halves: a warehouse area and a storefront featuring a newly renovated bathroom and office space. The property boasts convenient features including well and septic systems, ample gravel parking, and is situated in the desirable Mohican area. The existing business is available for transfer, providing a potential turnkey operation. However, the property's zoning allows for a wide range of uses, making it suitable for diverse business models or even residential conversion. The expansive 1.69-acre lot provides ample room for expansion, additional buildings, or simply enjoying the rural setting. This property offers a compelling blend of existing infrastructure, flexible space, and significant land, making it an attractive proposition for entrepreneurs, investors, or those seeking a country lifestyle. The asking price is $265,000. Serious inquiries are encouraged.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.