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    OFF-MARKET
    Banks

    101 Elm St, Union City, OH 45390-1711

    12,084 SF 0.57 ac lot Built 1900
    Entity Owned 10-yr Hold Free & Clear
    Property ID
    US66-3746858
    Property summary
    AI-generated overview

    This exceptional former bank building in Union City, Ohio presents a unique investment opportunity. The property boasts over 15,000 square feet of usable space spread across three levels. The main level, approximately 9,300 square feet, features adaptable office space, teller stations, conference rooms, a vault, and restrooms. A finished lower level offers an additional 2,500 square feet, perfect for training rooms, a bullpen, or additional offices, including a server room, break room, restrooms, and a second vault. The unfinished basement provides ample storage and mechanical space. A largely unfinished third floor adds another 3,500 square feet of potential. Two staircases provide access, one with direct street access. The 0.57-acre lot offers ample off-street parking. A separate 471 square foot building, plus an additional 999 square feet under a canopy, previously served as a drive-up window and teller station, and includes a storage room, restroom, and a pneumatic tube system connecting to the main building. Built in 1971, this two-story building is located at 101 E Elm St, Union City, OH 45390, and is offered at $500,000. The versatile layout is suitable for a variety of uses, including corporate headquarters, financial institutions, or creative office spaces. This property offers significant potential for a discerning buyer.

    Property profile
    Verified
    Property type Banks
    Use group FINANCIAL BUILDING
    Year built 1900
    Total area 12,084 SF
    Lot 0.57 ac (24,959 SF)
    APN H33-2-113-30-02-01-14100
    UPID US66-3746858
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Nlf Old Nb Ohio LLC · 10 yrs held
    Nlf Old Nb Ohio LLC
    since 2015
    2 recorded transactions
    2015
    $2.0M
    2009
    $112,500
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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