Property profile

29 Watt St Chillicothe, OH 45601

OFF-MARKET
Flex space
Property ID
US66-2893796
832 SF 0.04 ac lot Built 1989
Individually Owned 9-yr Hold Absentee Owner ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional mixed-use property, located at 29 Watt Street in Chillicothe, Ohio, presents a unique investment opportunity. The building encompasses a generous 832 square feet of space, offering versatility for a variety of commercial and/or residential uses. Situated on a lot with no acreage, this property is ideal for entrepreneurs seeking a high-visibility location within the Chillicothe community. The asking price is $199,900, representing a compelling entry point into the Chillicothe real estate market. The property's mixed-use zoning allows for creative adaptation to suit diverse business needs, potentially including retail, office space, or a combination thereof. Its convenient location provides easy access to local amenities, transportation routes, and a thriving customer base. This is an excellent chance to acquire a well-positioned property with significant potential for growth and return on investment. The absence of acreage simplifies maintenance and management, making it an attractive option for both seasoned investors and first-time buyers. Serious inquiries are encouraged to explore the possibilities this property offers. Further details regarding zoning regulations and permitted uses are readily available upon request. Don't miss this chance to secure a valuable asset in a desirable Ohio market.

Property profile

Verified
Property type Flex space
Use group LIGHT INDUSTRIAL
Year built 1989
Construction FRAME
Total area 832 SF
Lot 0.04 ac (1,716 SF)
APN 30-56-28-011.000
UPID US66-2893796

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Barber Shop

Location

29 Watt St Chillicothe, OH 45601-3569
Chillicothe metro Census 956400 CHILLICOTHE, OH MICROPOLITAN STATISTICAL AREA
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Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$40k

Owner & transaction history

since 2016
1 recorded transaction
2016
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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