565 Main St Wellsville, OH 43968
This exceptional 875 square foot commercial property, located at 565 Main Street in Wellsville, Ohio, presents a unique investment opportunity. Situated on a 0.26-acre lot with ample concrete parking, this well-maintained former bank building boasts excellent visibility from its Main Street location. The property includes an additional overhead area previously used as a drive-thru, offering versatile layout options for a variety of businesses. The solid construction ensures durability and longevity, while the prime location in Wellsville guarantees high foot traffic and exposure. This property is situated within a Federal Opportunity Zone, potentially offering significant tax advantages to qualified investors. The building's adaptable floor plan allows for creative repurposing, making it suitable for a wide range of commercial uses. While the building's history as a bank suggests a strong foundation, potential buyers should be aware of a possible deed restriction prohibiting its use as a financial institution. This restriction should be verified independently through due diligence. The asking price of $59,900 makes this a compelling investment opportunity for those seeking a well-located, adaptable commercial space with significant upside potential. The property's size and location make it an ideal candidate for a variety of commercial ventures. Don't miss this chance to acquire a piece of Wellsville's commercial landscape.
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CFBank Bank Atm
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Consumers National Bank Bank Loan Service
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.