67 Main StJohnstown, OH 43031

Property Details for 67 Main St

Year built

1905

Lot size

0.07 AC

Property size (Sq ft)

8,186 SF

Property type

Retail properties

Property subtype

Retail space

APN

053-178026-00.000

APU

5317802600000

Description

This exceptional 3,700 square foot single-tenant office space is located at 67 S Main St, Johnstown, OH 43031. The property, a charming one-story building, boasts a rich history, having been constructed in 1905 and extensively renovated in 2024. Classified as a Class C property, it offers a unique blend of character and modern functionality. The entire building is currently vacant, presenting a rare opportunity for a business seeking immediate occupancy. The space is ideally suited for a variety of commercial uses, including retail, office, or restaurant operations, as indicated in the property's versatile zoning. Its prime location in Johnstown, Ohio, places it within a rapidly developing area, benefiting from the proximity to major technology companies such as Intel, Google, and Facebook. The building's 3,700 square feet provide ample space for a growing business, offering flexibility in layout and design to meet specific operational needs. This is a remarkable chance to establish a presence in a thriving community with a strong economic outlook. The recent renovation ensures the building is equipped with modern amenities and systems, making it a move-in ready solution for any discerning business. The property's single-tenant occupancy simplifies management and provides a cohesive environment for operations.

• CAP approach

  CAP return

  Valuation

  6%

  $2,288,481

  6.5%

  $2,112,444

  7%

  $1,961,555

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,929,610

  Geo Method

  $1,929,610

• Alternative Use

  Use

  Valuation

  Residential

  $1,781,926

  Hospitality

  $1,632,234

  Educational

  $1,358,000

  Medical

  $1,404,704

  Retail

  $2,112,444

Location Insight

City

Johnstown

County

Licking

State

Ohio

Latitude

40.1525

Longitude

-82.6841

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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