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Property profile & analytics
OFF-MARKET
Banks

110 Main St New Lexington, OH 43764-1261

2,106 SF 0.08 ac lot Built 1925
Entity Owned Free & Clear
Property ID
US66-4960845
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Banks
Use group FINANCIAL BUILDING
Year built 1925
Construction BRICK
Total area 2,106 SF
Lot 0.08 ac (3,485 SF)
APN 27-001922.0000
UPID US66-4960845
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
Current use
Occupant on record · Public records
  • Cathi's Dance Studio Training Center
  • Peoples National Bank Bank Loan Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
PEOPLES NATIONAL BANK · 1 yrs held
PEOPLES NATIONAL BANK
since 2025
Last sale
$400,000
1 recorded transaction
2025
$400,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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