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Property profile & analytics
FOR SALE
Investment properties

212 N Market St Minerva, OH 44657

4,160 SF 0.05 ac lot Built 1920
Entity Owned 23-yr Hold Absentee Owner Free & Clear
Property ID
US66-0098033
Property summary
AI-generated overview

This exceptional mixed-use property at 212 N Market Street, Minerva, OH, presents a compelling investment opportunity. The 4,160 square foot building sits on a 0.05-acre lot in the heart of downtown Minerva and offers a blend of commercial and residential spaces, generating multiple income streams. The commercial space includes two units. The first, located at 210 N Market Street, is a large, open storefront with a half bathroom, perfect for a variety of businesses. The second unit, at 212 N Market Street, features a full bathroom and convenient rear alley access. The residential component comprises two apartments. The front apartment is a one-bedroom unit with hardwood floors, an updated full bathroom, a closet with built-in storage, a dedicated hot water heater, and electric heating. The rear apartment is larger, offering two bedrooms, a full bathroom, two separate living areas, a kitchen, and efficient gas furnace heating. The property's flat roof was resealed in 2023, minimizing future maintenance needs. This meticulously maintained building showcases downtown Minerva's architectural charm and presents a rare chance to acquire a profitable and versatile property in a thriving location. Priced at $149,900, this is an opportunity not to be missed.

Property profile
Verified
Property type Investment properties
Use group OFFICE/RESIDENTIAL (MIXED USE)
Year built 1920
Construction FRAME
Total area 4,160 SF
Lot 0.05 ac (2,082 SF)
APN 42-00170
UPID US66-0098033
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
Value estimations
Realmo proprietary · 4 methods
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
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Owner & transaction history
PEARCE & ASSOCIATES
PEARCE & ASSOCIATES
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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