300 Clinton St Defiance, OH 43512
- Retail space
- 2,200 SF
- 0.07 lot acres
Current Use by Public Records
- Catering Co at the Palladium / Caterer
Property Details for 300 Clinton St
- Year built
- 1900
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.07 lot acres
- Property size
- 2,200 SF
- Property type
- Retail space
- APN
- B011013001500
- APU
- B011013001500
Description
This exceptional three-story building, located at 300 Clinton St, Defiance, Ohio 43512, at the bustling intersection of Clinton St. and W 2nd St., offers a unique opportunity for a variety of businesses. The property, totaling 14,400 square feet, is zoned B-1 and boasts a significant amount of vacant space – 13,200 square feet – ready for immediate occupancy. The building's recent major renovation has preserved its historic charm while creating a modern, functional space. The ground floor is ideally suited for a restaurant, with the potential for outdoor seating, given its prime location. The upper two floors provide ample space for executive office suites, offering flexibility for various business needs. The building features a single suite across all three floors, providing a unique opportunity for a single tenant to occupy the entire space or for multiple tenants to occupy portions of the building. This property presents a rare chance to establish a presence in a revitalized downtown area with high visibility and foot traffic. The building's size and location make it an attractive option for businesses seeking a prominent location in Defiance County. This is a truly remarkable opportunity to secure a significant commercial space in a thriving Ohio community.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $175,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $175,000
- 6.5%
- $190,000
- 7%
- $170,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $165,000
- Geo Method
- $165,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $190,000
- Mixed-Use
- $170,000
- Hospitality
- $185,000
- Educational
- $205,000
- Residential Income
- $220,000
- Energy
- $165,000
- Income-Based Land
- $165,000
- Food Service
- $160,000
Location Insight
- Map
- Local Demand
- City
- Defiance
- County
- Defiance
- State
- Ohio
- Longitude
- -84.3626
- Latitude
- 41.2867
- CBSA code
- 19580
- CBSA name
- DEFIANCE, OH MICROPOLITAN STATISTICAL AREA