150 Main St Newcomerstown, OH 43832
- Banks
- 0.23 lot acres
Current Use by Public Records
- Chase Mortgage / Mortgage Lender
Property Details for 150 Main St
- Year built
- 1980
- Lot size
- 0.23 lot acres
- Property type
- Banks
- APN
- 45-01727.000
- APU
- 4501727000
Description
This stunning 7,897 square foot Romanesque-style building is located at 150 W Main Street in Newcomerstown, Ohio, a town rich in history as the birthplace of Woody Hayes and Cy Young. The property sits on a 0.36-acre lot in a revitalized downtown area, boasting heavy foot traffic and a prime retail corridor location. Currently vacant, this former bank branch offers a unique opportunity for a variety of uses. Key features include a drive-thru, a secure vault, and ample space for various configurations. The main floor is ideal for a restaurant, sports bar, or distillery, while the upper and lower levels offer potential for office rentals. The building has recently undergone power washing. The second floor currently has enclosed space behind walls
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $110,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $105,000
- 6.5%
- $105,000
- 7%
- $100,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $90,000
- Geo Method
- $110,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $115,000
- Retail
- $100,000
- Mixed-Use
- $105,000
- Hospitality
- $110,000
- Educational
- $105,000
- Residential Income
- $110,000
- Energy
- $85,000
- Income-Based Land
- $105,000
- Food Service
- $110,000
Location Insight
- Map
- Local Demand
- City
- Newcomerstown
- County
- Tuscarawas
- State
- Ohio
- Longitude
- -81.6077
- Latitude
- 40.276
- CBSA code
- 35420
- CBSA name
- NEW PHILADELPHIA-DOVER, OH MICROPOLITAN STATISTICAL AREA
