119 Chillicothe Ave, Bellefontaine, OH 43311
This exceptional special-purpose property is situated in the heart of Downtown Bellefontaine, Ohio, offering a unique investment opportunity. Located directly across from Bellefontaine's vibrant Rainbow Row, featuring five specialty retail storefronts and seven short-term rentals known as "The Flats," this property enjoys unparalleled visibility and foot traffic. Its convenient location places it within easy walking distance of popular local establishments including Don's Downtown Diner, Brewfontaine, The Syndicate, City Sweets, and the Roundhouse Depot. This single-tenant building presents a compelling chance to become a key part of Bellefontaine's thriving downtown area. The property boasts a one-year minimum lease term and includes a comprehensive utility package covering gas, heat, electricity, trash removal, internet access, and snow removal. The landlord provides water service. While the lot size is listed as zero square feet, further clarification on the property's dimensions may be available upon request. This property is ideal for a business seeking a high-profile location in a rapidly developing downtown environment. Inquire about the available "Small Biz Success Blueprint" to learn more about maximizing your potential in this dynamic location. The property's address is 17-091-16-02-024-000 (APN). The cross street is Canby.
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The Olive Tree Community Center Community Center
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
Similar Nearby for Lease
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.