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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

488 Canal St St Nelsonville, OH 45764

6,000 SF 0.12 ac lot
Property ID
Property summary
AI-generated overview

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

Property profile
Verified
Property type Retail properties & Spaces
Total area 6,000 SF
Lot 0.12 ac (5,227 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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