1121 Main Cross St Findlay, OH 45840
- Retail space
- 1,894 SF
- 0.36 lot acres
Current Use by Public Records
- Retail space
Property Details for 1121 Main Cross St
- Year built
- 1940
- Construction
- BRICK
- Lot size
- 0.36 lot acres
- Property size
- 1,894 SF
- Property type
- Retail space
- APN
- 580001019646
- APU
- 580001019646
Description
This exceptional mixed-use property in Findlay, Ohio, presents a unique investment opportunity. The 1,894 square foot retail space, situated at 1121 W Main Cross St, boasts a large showroom, office space, and a half-bath. Substantial renovations between 2017 and 2022 include a new metal roof and insulation (2017), a new furnace and AC unit (2022), and updated windows. The building itself is constructed of block with vinyl siding. Conveniently located off I-75, this C2-zoned property also includes a beautifully updated three-bedroom, two-bathroom brick ranch home. The home features a living room, a family room (currently used as a bedroom), and an attached two-car garage. Further home improvements include AC installation in 2019 and a covered rear patio. The home underwent extensive renovations in 2022. This combined property offers the potential for immediate income generation through rental of the residential unit, or the convenience of living on-site while operating your business. The asking price is $449,900. This is a rare chance to acquire a turnkey mixed-use property in a desirable location.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $260,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $225,000
- 6.5%
- $250,000
- 7%
- $245,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $255,000
- Geo Method
- $235,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $210,000
- Retail
- $280,000
- Mixed-Use
- $255,000
- Hospitality
- $210,000
- Educational
- $250,000
- Residential Income
- $270,000
- Energy
- $225,000
- Income-Based Land
- $280,000
- Food Service
- $220,000
Location Insight
- Map
- Local Demand
- City
- Findlay
- County
- Hancock
- State
- Ohio
- Longitude
- -83.6681
- Latitude
- 41.0408
- CBSA code
- 22300
- CBSA name
- FINDLAY, OH MICROPOLITAN STATISTICAL AREA