405 Spring St Saint Marys, OH 45885
This exceptional mixed-use property, located at 405 E Spring St in Saint Marys, Ohio, presents a unique investment opportunity. Built circa 1845, this building boasts a rich history and retains many original features, including beautiful original woodwork, doors, and an open staircase with cherry wood railings. The 3,131 square foot building sits on a 5,807 square foot lot and is zoned for both commercial and residential use, offering incredible flexibility for a variety of ventures. Recent updates include new carpeting throughout, two high-efficiency natural gas furnaces, central air conditioning, and a renovated roof and plumbing system. The abundance of natural light enhances the inviting atmosphere. Priced at $299,900 ($95.78/sq ft), this property offers a compelling blend of historical charm and modern functionality. Its prime location in Saint Marys, Ohio (zip code 45885), within Auglaize County, provides excellent visibility and accessibility. The property's versatility makes it ideal for a diverse range of uses, from retail or office space to residential conversion or a combination thereof. Don't miss this chance to own a piece of Saint Marys history and create your own unique vision for this remarkable property.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
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