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Property profile & analytics
FOR SALE
Retail space

201 Washington Blvd Belpre, OH 45714

11,917 SF Built 1999
Entity Owned 3-yr Hold Free & Clear
Property ID
US66-3404478
Property summary
AI-generated overview

This exceptional freestanding retail property, located at 201 Washington Blvd in Belpre, Ohio, presents a significant investment opportunity. The building, formerly a Rite Aid, boasts a substantial 11,180 square feet of vacant space, offering immense potential for a variety of retail uses. Situated on a generous 1.8-acre lot, the property provides ample parking and visibility. Its single-tenant configuration simplifies occupancy and management. The property's location in Washington County, Ohio, offers convenient access to major transportation routes and a thriving local community. The building is ready for immediate occupancy, allowing for swift implementation of a new business venture or lease agreement. This is a rare opportunity to acquire a large, well-located retail space in a desirable market. The property's size and location make it ideal for a variety of retail concepts, from grocery stores and pharmacies to home improvement stores or other large-format retailers. The ample land provides flexibility for future expansion or outdoor amenities. This property is zoned for commercial use and is ready for immediate development. Detailed property information and specifications are available upon request. Don't miss this chance to secure a prime retail location in a growing Ohio market. Contact us today to learn more.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1999
Total area 11,917 SF
APN 80096098000
UPID US66-3404478
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
  • Rite Aid Pharmacy
  • Coinhub Bitcoin ATM Teller Atm
  • John Houser Pharmacy
  • Rite Aid Pharmacy Pharmacy
  • James V. Borrelli, RPH Pharmacy
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$730k
Comparable Approach Comparable
$1.57M
Blend (final) Blend
$1.14M
Owner & transaction history
Nadia Management INC · 3 yrs held
Nadia Management INC
since 2022
3 recorded transactions
2022
Price N/A
2022
$3.6M
2018
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Top alternative use upside
Commercial (general) $1.5M +17.4%
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More about this property
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