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Other specialty properties
OH
Bellefontaine
43311
221 Main St

Property profile

221 N Main St Bellefontaine, OH 43311

FOR SALE

Other specialty properties

Property ID

US66-5063940

8,730 SF 0.56 ac lot Built 1945

Entity Owned 5-yr Hold Free & Clear

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$495,000 8,730 SF

221 N Main St, Bellefontaine, OH 43311
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A historic commercial building totaling approximately 8,700 square feet is located in Downtown Bellefontaine and is situated within the B2 Downtown Business District zoning. The property includes a paved parking lot and a second parcel at the rear that provides additional parking. Building features include architectural elements consistent with its historic character, a large commercial kitchen equipped for food service use, and two walk-in coolers. The second floor is configured as an adaptable interior space that could support uses such as event-related accommodations, creative/artist studios, or office/co-working arrangements. The overall layout supports hospitality and event-oriented operations, with access to both kitchen and multi-level spaces.

Property type Other specialty properties

Use group PROFESSIONAL CLUBS/ASSOCIATIONS

Year built 1945

Total area 8,730 SF

Lot 0.56 ac (24,200 SF)

APN 17-091-12-15-014-000

UPID US66-5063940

Implied cap rate, NOI & suggested price

Cap rate vs submarket · NOI estimate · 3 price anchors

Law Firm

221 N Main St Bellefontaine, OH 43311

Bellefontaine metro Census 4500 BELLEFONTAINE, OH MICROPOLITAN STATISTICAL AREA

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AI Approach AI

$240k

CAP Approach CAP

by Request

Comparable Approach Comparable

by Request

Blend (final) Blend

$215k

since 2021

Last sale

$245,000

1 recorded transaction

2021

$245,000

Comparables

6 recent transactions · within 1.5 mi

Comparable in this City

Value Estimation
$370,000

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120 Colton Ave

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Value Estimation
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345 Washington Ave

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Value Estimation
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213 Chillicothe Ave

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Value Estimation by Request

116 Court Ave

Specialty properties

116 Court Ave, Bellefontaine, OH 43311

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Value Estimation
$255,000

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321 Main St

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321 Main St, Bellefontaine, OH 43311-2229

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