245 Seltzer St, Crestline, OH 44827-1423
This exceptional commercial property, located at 245 N Seltzer Street in Crestline, Ohio, presents a unique investment opportunity. Priced at $489,900, this 3,656 square foot building sits on a substantial 41,382 square foot lot – nearly an acre – offering significant potential. Built in 1977, the property boasts a prime business location in a revitalized area of Crestline, providing excellent visibility and accessibility. The building is meticulously maintained and features a wealth of existing infrastructure ideal for a variety of uses. Previously configured as a bank, the property retains key banking components including three separate offices, six teller stations, a night deposit drop, a secure vault, and a fully operational three-bay drive-through system. The high ceilings (14 feet) and expansive lot size, including 150 feet of road frontage and an additional 210 feet of side street access, allow for considerable flexibility in repurposing the space. This property is ready for immediate occupancy and offers a rare combination of location, size, and existing features, making it an attractive option for both established businesses seeking expansion and entrepreneurs looking to launch a new venture. The price per square foot is $134. The property's zip code is 44827, and it is located in Crawford County.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.