114 Main St Saint Clairsville, OH 43950-2525
This exceptional investment opportunity presents a fully occupied, seven-unit mixed-use property located at 114-116 E. Main St, St. Clairsville, Ohio 43950. The property, encompassing 6,762 square feet on a 0.37-acre lot, consists of two buildings, each two stories high, built in 1900. The property includes four residential apartments and three commercial spaces, all currently leased. Recent improvements include a newly sealed and striped parking lot with new lighting, freshly painted exteriors, and renovated common areas with new carpeting and paint. The property boasts one of the largest parking lots in downtown St. Clairsville, providing ample off-street parking for tenants and customers. Long-term tenants and below-market rents offer significant potential for increased cash flow. Detailed financial information, including rent rolls and proforma operating statements, is available upon request. This prime Main Street location offers a compelling opportunity for a savvy investor seeking a strong return on investment in a thriving downtown area. The asking price is $463,000, translating to $68.47 per square foot.
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Kent's Barber Shop Barber Shop
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Pizza Express Restaurant
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
Similar Nearby for Lease
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.