488 Canal St St Nelsonville, OH 45764
This exceptional investment opportunity presents a fully leased, 6,000 square foot retail center situated on a prominent 0.12-acre lot at 488-498 Canal Street in Nelsonville, Ohio. The property boasts a prime location on Nelsonville's busiest street, ensuring high visibility and foot traffic. The building itself is exceptionally well-constructed and considered the finest in Nelsonville. Currently operating at full occupancy with stable, reliable tenants, this is a truly turnkey investment. The concrete parking lot provides ample space for customers and employees. A significant advantage is that tenants are responsible for their own utilities, minimizing operational expenses for the owner. The property is owner-managed, demonstrating a streamlined and efficient operational structure. This retail center represents a rare chance to acquire a high-performing asset in a desirable location with minimal management overhead. The asking price is $735,000. Serious inquiries only
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.