191 Main StConneaut, OH 44030

Property Details for 191 Main St

Year built

1910

Construction

WOOD

Lot size

0.10 AC

Property size (Sq ft)

6,270 SF

Property type

Retail properties

Property subtype

Retail space

APN

12-117-00-021-00

APU

121170002100

Description

This exceptional 6,270 square foot commercial building, located at 191 Main Street in the heart of Conneaut, Ohio, presents a remarkable investment opportunity. Situated on a 0.36-acre lot, this property boasts a prime downtown location with high visibility and excellent foot traffic. Its rich history includes successful operation as a tanning salon, hair salon, and various retail businesses, demonstrating its versatility and adaptability to a wide range of commercial uses. The expansive interior offers 6,270 square feet of open, adaptable space, ready to be customized to meet the needs of your business. Existing infrastructure caters to multiple uses, making it ideal for retail, office space, or a variety of other commercial ventures. The building's location offers easy access to key amenities and benefits from the bustling activity of the downtown area. This property represents a unique chance to acquire a substantial commercial space in a thriving Ohio community, offering significant potential for growth and success. The asking price is $130,000. Don't miss this chance to own a piece of Conneaut's vibrant downtown.

• CAP approach

  CAP return

  Valuation

  6%

  $1,658,120

  6.5%

  $1,530,572

  7%

  $1,421,245

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,477,969

  Geo Method

  $1,477,969

• Alternative Use

  Use

  Valuation

  Residential

  $1,291,095

  Hospitality

  $1,182,636

  Educational

  $983,939

  Medical

  $1,017,778

  Retail

  $1,530,572

Location Insight

City

Conneaut

County

Ashtabula

State

Ohio

Latitude

41.9434

Longitude

-80.5536

CBSA code

11780

CBSA name

ASHTABULA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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