123 Michigan Ave Edgerton, OH 43517-9322
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.
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.