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Property profile & analytics
FOR SALE
Retail space

144 S Main St Bellefontaine, OH 43311

6,380 SF 0.16 ac lot Built 1910
Entity Owned 12-yr Hold Free & Clear
Property ID
US66-5136964
Property summary
AI-generated overview

This exceptional commercial property, located at 144 S Main Street in Bellefontaine, Ohio, presents a unique investment opportunity. The Canby Building, a three-story landmark structure, boasts approximately 19,000 square feet of space, including a full basement and mezzanine. Each floor offers approximately 6,000 square feet of adaptable space, perfect for a variety of commercial uses. Situated on a prime corner lot at the intersection of Main and Chillicothe Streets, this building benefits from high visibility and foot traffic in Bellefontaine's thriving downtown area. The property underwent significant renovations in 2014, encompassing a new roof, storefront glass and doors, upper floor window replacements, extensive tuckpointing, and repairs to the terra cotta tile. These updates preserve the building's historic charm while ensuring modern functionality and efficiency. Its central location provides easy access to award-winning restaurants and unique retail shops, creating a vibrant and attractive environment for businesses. The Canby Building offers immense potential for a discerning investor seeking a prominent presence in Bellefontaine's bustling downtown core. The asking price is $1,500,000.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1910
Total area 6,380 SF
Lot 0.16 ac (7,150 SF)
APN 17-091-12-25-008-000
UPID US66-5136964
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
Current use
Occupant on record · Public records
  • The Historic Canby Building Tour Operator
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
CANBY DEVELOPMENT,
CANBY DEVELOPMENT,
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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More about this property
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