140 Hickory St Ottawa, OH 45875-1937
This exceptional commercial property, located at 140 S Hickory Street Unit 140 in Ottawa, Ohio, presents a unique investment opportunity. Situated on a 0.07-acre lot, this building offers a prime location near the original downtown business district, providing excellent visibility and accessibility. Currently vacant, the property boasts a rich history, having previously served as a dry cleaning establishment since its initial construction. The building's layout and infrastructure are well-suited for a variety of small business ventures, offering a blank canvas for entrepreneurs to create their ideal workspace. The recent price reduction makes this an even more compelling proposition for savvy investors seeking a foothold in a thriving downtown area. The property's proximity to established businesses and the heart of Ottawa offers significant potential for growth and profitability. This is a rare chance to acquire a well-positioned commercial space in a desirable location, ready for immediate occupancy and customization to suit a new owner's specific needs. The 0.07-acre lot provides ample space for potential expansion or outdoor amenities. Don't miss this opportunity to own a piece of Ottawa's vibrant commercial landscape. Serious inquiries are encouraged.
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
No recorded transactions found for this property.
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.