40 Federal St Logan, OH 43138
This exceptional mixed-use property at 40 Federal Street in Logan, Ohio, presents a unique investment opportunity. Spanning 1,575 square feet on a 0.04-acre lot, this building offers remarkable flexibility for a variety of commercial ventures. The presence of a garage door makes it perfectly suited for businesses requiring vehicle access, such as a repair shop or light industrial operation. However, its adaptable layout also lends itself seamlessly to conversion into office spaces or retail use, catering to a broad spectrum of potential tenants. Recent improvements significantly enhance the property's appeal and functionality. These upgrades include the installation of new windows, a fresh coat of paint throughout, a completely new bathroom, and a recently replaced roof. The property is in excellent condition and requires no immediate capital expenditures, making it an attractive proposition for immediate occupancy. Located in Logan, Ohio, this commercial space offers convenient access to local amenities and a strong local market. The asking price of $120,000 represents exceptional value for a move-in ready property with such versatility and recent upgrades. Don't miss this chance to acquire a prime commercial space with significant potential for growth and return on investment.
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
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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.