209 Main St Woodsfield, OH 43793-1024
- Office Properties & Spaces
- 4,860 SF
Current Use by Public Records
- Auto Plus Auto Parts / Auto Parts Store
- Factory Motor Parts / Auto Parts Store
Property Details for 209 Main St
- Year built
- 1983
- Property size
- 4,860 SF
- Property type
- Office Properties & Spaces
- APN
- 05-370302.2000
- APU
- 53703022000
Description
This exceptional mixed-use building in Woodsfield, Ohio presents a compelling investment opportunity. Located at 209 S Main St, this 4,860 square foot property, built in 1983, sits on a 7,524 square foot lot and is currently 100% occupied by a single tenant auto parts store under a net lease. The asking price is $245,000, translating to $50.41 per square foot. The building features a convenient loading dock at the rear, ideal for efficient deliveries. The property boasts a prime location in the heart of Woodsfield, directly on S. Main St, between a gas station and a restaurant, and just one street away from Knowlton Ford. This high-traffic area ensures excellent visibility and accessibility. The existing lease provides a stable income stream, offering immediate returns on investment. The single-story building offers five parking spaces. The property is zoned for commercial use. This is a rare opportunity to acquire a profitable, established business in a desirable location. The current month-to-month lease allows for flexibility for the new owner to negotiate terms with the existing tenant or utilize the space for their own business. This property is an excellent addition to any investment portfolio.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $245,000
- 6.5%
- $210,000
- 7%
- $220,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $230,000
- Geo Method
- $220,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $235,000
- Retail
- $210,000
- Mixed-Use
- $260,000
- Hospitality
- $240,000
- Educational
- $255,000
- Residential Income
- $245,000
- Energy
- $250,000
- Income-Based Land
- $240,000
- Food Service
- $205,000
Location Insight
- Map
- Local Demand
- City
- Woodsfield
- County
- Monroe
- State
- Ohio
- Longitude
- -81.1172
- Latitude
- 39.7609