Property profile

123 Chestnut St Jefferson, OH 44047

OFF-MARKET
Manufacturing properties
Property ID
US66-0946304
1,702 SF 0.25 ac lot Built 1890
Entity Owned 9-yr Hold Free & Clear
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Property summary

AI-generated overview

This exceptional redevelopment opportunity presents a rare chance to acquire a substantial retail storefront in the heart of Jefferson, Ohio. Located at 123 N Chestnut St (State Route 46), this property boasts a highly visible location on the west side of the road, providing excellent accessibility, particularly for those traveling from the north. The offering encompasses two parcels totaling approximately 0.679 acres, with an impressive 142 feet of street frontage. The existing building, constructed in 1950, comprises 3,764 square feet and features a single story. Previously utilized as a mixed retail and warehousing space, the building currently has an occupant. This versatile property is ideally suited for a variety of uses, including fast-casual dining, office space, or retail establishments. The asking price is $575,000, translating to $152.76 per square foot. The property's APN is 260190011500 & 260190011400. This is a unique chance to capitalize on a prime location in a thriving Ohio community. Don't miss this chance to acquire a significant piece of Jefferson's commercial landscape.

Property profile

Verified
Property type Manufacturing properties
Use group MANUFACTURING (LIGHT)
Year built 1890
Total area 1,702 SF
Lot 0.25 ac (10,977 SF)
APN 26-019-00-114-00
UPID US66-0946304

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

123 Chestnut St Jefferson, OH 44047-1125
Jefferson metro Census 1102 ASHTABULA, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$55k

Owner & transaction history

since 2017
1 recorded transaction
2017
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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