Technical
Financial
Distress signals
Property profile

13-17 4th St Martins Ferry, OH 43935

OFF-MARKET
Retail space
Property ID
US66-2268596
6,754 SF 0.15 ac lot Built 1900
Individually Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional mixed-use building, located at 13-17 N 4th St in Martins Ferry, Ohio, presents a compelling investment opportunity. The 6,754 square foot property features a versatile layout, currently housing a successful bar/restaurant tenant (Belmont Brewerks) on the ground floor, with a vacant storefront also available. The upper two floors offer significant potential for renovation and development into additional rental spaces. The existing Belmont Brewerks lease will transfer to the new owner at closing, providing immediate and stable income. This prime location on a main thoroughfare in Martins Ferry ensures excellent visibility and high foot traffic. The property includes off-street parking and comprises two parcels. The building's history includes a former jewelry store (Z's Jewelry) in the storefront space, demonstrating the property's adaptability to various commercial uses. The asking price is $199,000, representing a strong value proposition for investors seeking a multi-tenant property with built-in income and significant upside potential through lease-up of the vacant space and development of the upper floors. This is a rare chance to acquire a well-situated commercial property in a thriving Ohio community. The property's zip code is 43935.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1900
Total area 6,754 SF
Lot 0.15 ac (6,321 SF)
APN 24-03857-000
UPID US66-2268596

Cap rate & NOI

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

Location

13-17 4th St Martins Ferry, OH 43935
Martins Ferry metro Census 12100 WHEELING, WV-OH METROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$275k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$275k

Owner & transaction history

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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