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Property profile & analytics

216 Main St Granville, OH 43023

  • Commercial real estate
  • 2,148 SF
  • 0.16 lot acres
Value Estimation
Last Sale
Jan 10, 2023
$475,000
Location Intelligence
Property ID
US66-1532365
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.

Current Use by Public Records

  • Granville Veterinary Clinic: Reen Joanna DVM / Veterinarian

Property Details for 216 Main St

Year built
1900
Construction
FRAME
Lot size
0.16 lot acres
Property size
2,148 SF
Property type
Commercial real estate
APN
020-054192-00.000
APU
2005419200000

Description

This exceptional investment opportunity encompasses two office buildings situated at 216 & 222 S Main Street in the vibrant town of Granville, Ohio. The combined space totals 3,636 square feet, situated on a 0.15-acre lot. These properties present a compelling proposition for both office users seeking a prominent location and savvy investors looking for a strong return. The buildings are ideally positioned within Granville's historic district, benefiting from high visibility and convenient access to local amenities. The Village Business District zoning allows for a variety of commercial uses. Each building offers substantial potential for renovation or modernization to enhance functionality and value. The properties are being sold together and include a deed restriction prohibiting the practice of veterinary medicine. This restriction is in place for both buildings. The asking price for this combined property is $1,239,000. This presents a rare chance to acquire a well-located, established commercial property in a thriving Ohio town. The strategic location and substantial square footage make this an attractive investment opportunity with significant upside potential. Serious inquiries are encouraged to explore this unique offering further.

Value Estimation

by Realmo proprietary methodology Last update: July 3, 2025
  • AI approach

    CAP return
    Estimation
    Estimation
    $370,000
  • CAP approach

    CAP return
    Estimation
    6%
    $535,000
    6.5%
    $465,000
    7%
    $555,000
  • Comparable approach

    Method
    Estimation
    Relative Method
    $440,000
    Geo Method
    $565,000
  • Alternative Use

    Use
    Estimation
    Distribution
    $510,000
    Retail
    $580,000
    Mixed-Use
    $475,000
    Hospitality
    $550,000
    Educational
    $530,000
    Residential Income
    $475,000
    Energy
    $590,000
    Income-Based Land
    $560,000
    Food Service
    $600,000

Location Insight

  • Map
  • Local Demand
City
Granville
County
Licking
State
Ohio
Longitude
-82.5198
Latitude
40.0662
CBSA code
18140
CBSA name
COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$7,096
$45,220
$63,180
$108,400
-
$129,200
$180,500
$309,700
More about this property
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