101 Elm St, Union City, OH 45390-1711
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.