231 Main St Wellston, OH 45692
- Specialty properties
- 6,760 SF
Current Use by Public Records
- Specialty properties
Property Details for 231 Main St
- Year built
- 1900
- Property size
- 6,760 SF
- Property type
- Specialty properties
Description
This exceptional 6,760 square foot office building, situated at 231 Main Street in Wellston, Ohio, presents a unique investment opportunity. Built in 1900 and boasting a desirable downtown location directly across from the Jackson County courthouse, this property offers significant potential for both investors and business owners. The building features a recently renovated front section, three bathrooms, ample basement storage, and a separate office meeting room. A 200-amp electric service and electric furnace provide reliable utilities. The property includes front and back entry access for convenience. The unfinished upstairs space presents a possibility for conversion into a rental apartment, further enhancing income potential. With its 6,760 square feet of net rentable space on a 3,484.8 square foot lot, this building could potentially generate three separate rental incomes. The asking price is $178,900, translating to $26.46 per square foot. This is a rare chance to acquire a highly sought-after commercial property in a key location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wellston
- County
- Jackson
- State
- Ohio
- Longitude
- -82.6314
- Latitude
- 39.1801