You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail space

123 Michigan Ave Edgerton, OH 43517-9322

2,860 SF 0.08 ac lot Built 1920
Individually Owned 2-yr Hold Free & Clear
Property ID
US66-3142925
Property summary
AI-generated overview

This exceptional single-tenant property, located at 123 N Michigan Ave in Edgerton, Ohio (zip code 43517), offers 1,300 to 1,600 square feet of versatile space ideal for retail or creative office use. Situated in the heart of downtown Edgerton, this historically preserved building is renowned for its unique character and charm. Features include original tiger oak cabinetry, real wood floors, and a distinctive tin roof, creating a captivating atmosphere. The property is served by City of Edgerton power. The exact square footage may vary slightly depending on the inclusion of cabinetry in the measurement. This property presents a rare opportunity to lease (with potential for lease-to-own options) a truly distinctive space in a thriving Ohio community. Lease terms are negotiable and adaptable to the tenant's specific needs and preferences. The property is classified as both retail and office space, making it suitable for a wide range of businesses. Its central location within the Edgerton submarket, part of the Bryan, Ohio submarket cluster, ensures excellent visibility and accessibility. This is a chance to secure a unique and historically significant commercial space in a desirable location.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1920
Total area 2,860 SF
Lot 0.08 ac (3,267 SF)
APN 061-280-04-021.000
UPID US66-3142925
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
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
Anita W Elliott · 2 yrs held
Anita W Elliott
since 2024
Last sale
$108,700
3 recorded transactions
2024
$108,700
2016
$44,000
2006
$35,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 123 Michigan Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message