195 Main St Smithfield, OH 43948
This exceptional 13,000 square foot property, located at 195 W Main St, Smithfield, OH 43948, presents a unique investment opportunity. Situated on 2 acres in Jefferson County, this two-story building, originally constructed in 1843 with additions in 1920 and 2005, boasts a rich history and versatile layout. The property features a seven-room villa/bed and breakfast, a speakeasy/pub, a full-service banquet space, and an outdoor pavilion. Significant upgrades include over $4 million in investments in 2008 and the addition of $60,000 in furnishings. The property benefits from four zoned geothermal heating/AC units (basement and first floor) and four zoned heat pumps (second floor), ensuring efficient climate control. County water service is in place. The property's zoning allows for a variety of uses, including a spa, community center, treatment facility, senior housing, upscale living, retreat, wellness center, or even a family residence with rental income from the banquet space and/or pub. The asking price is $949,000. The APN is 33-03602-000. This is a rare chance to acquire a substantial, multi-functional property with significant potential in a desirable location. All furniture, fixtures, and equipment are included in the sale.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
1 recent transactions · within 1.5 miProperty 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.