161 2nd St Byesville, OH 43723-1303
- Retail space
- 12,390 SF
- 0.22 lot acres
Current Use by Public Records
- Dealbusters Marketplace / General Store
Property Details for 161 2nd St
- Year built
- 1972
- Lot size
- 0.22 lot acres
- Property size
- 12,390 SF
- Property type
- Retail space
- APN
- 12-0000547.000
- APU
- 120000547000
Description
This exceptional retail property, located at 161 S 2nd Street in the heart of Byesville, Ohio, presents a compelling investment opportunity. The substantial brick building boasts over 12,000 square feet of space, currently occupied by a thriving retail tenant. The property features ample off-street parking with over 17 spaces, a significant advantage in a bustling downtown area. The current tenant enjoys a strong lease agreement, generating a monthly income of $2800, with the tenant responsible for all utilities. This provides immediate and consistent cash flow for the investor. The lease extends through the fall of 2025, offering long-term stability and predictability. The 0.43-acre lot provides ample space for potential expansion or future development. Situated in a prime downtown location, this property benefits from high visibility and convenient access for customers. The building's substantial size and current high occupancy rate make it an attractive investment for those seeking a stable, income-producing asset in a desirable Ohio market. The strong existing lease and the tenant's expressed desire to remain in the building further enhance the property's value and long-term potential. This is a rare opportunity to acquire a well-established, high-performing retail property in a thriving downtown location.
Value Estimations
-
AI approach
- Method
- Estimation
- ML approach
- $265,000
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Location Insight
- Map
- Local Demand
- City
- Byesville
- County
- Guernsey
- State
- Ohio
- Longitude
- -81.5374
- Latitude
- 39.9695
- CBSA code
- 15740
- CBSA name
- CAMBRIDGE, OH MICROPOLITAN STATISTICAL AREA
