406 Main St Fort Loramie, OH 45845-8715
This exceptional 2,795 square foot medical office building is located at 406 S Main Street in Fort Loramie, Ohio, and is offered at $525,000. The property boasts a convenient location in Shelby County, Ohio, with ample parking including four dedicated spaces. The main floor features five individual medical offices, flexible workspace, a reception desk area, a reception room, two full bathrooms, a half bathroom, and a dedicated handwashing station. The layout is well-suited for a variety of medical practices or office uses. A full finished basement provides additional flexible space, storage, and a full bathroom, offering significant expansion potential or extra storage. This turnkey property presents a fantastic opportunity for medical professionals or investors seeking a well-maintained and functional space in a desirable location. The property is ready for immediate occupancy and offers a strong return on investment. The building's size and layout provide flexibility for a range of medical or office uses, making it an attractive option for various businesses. The inclusion of ample parking further enhances its appeal and practicality. This is a rare opportunity to acquire a well-established medical office building in a thriving community.
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
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.