110 Main St New Lexington, OH 43764-1261
This exceptional three-story commercial building, located at 110 N Main Street in New Lexington, Ohio, presents a unique investment opportunity. Originally a major bank's main office, this 16,749 square foot property boasts a versatile layout ideal for a variety of uses, including corporate headquarters, financial institutions, or adaptive reuse for professional businesses. Built in 1910 and renovated in 1975, the building features over 20 office spaces, six bathrooms, two kitchenettes, a boardroom, a training room, a library, and a secure walk-in vault. Additional amenities include a basement, a designated parking lot, and an operations wing with its own kitchenette, bathroom, and four private offices. Situated on a 5,227.2 square foot lot in a prime business district, this property offers a compelling blend of historic charm and modern functionality. The asking price is $625,000, translating to $37.32 per square foot. This is a rare opportunity to acquire a substantial and well-appointed commercial building in a desirable Ohio location. The property's size, features, and location make it an attractive prospect for a wide range of businesses seeking a prominent presence in New Lexington.
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Cathi's Dance Studio Training Center
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Peoples National Bank Bank Loan Service
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
Similar Nearby for Sale
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.