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    Property profile

    423 Main St Findlay, OH 45840

    FOR SALE
    Commercial real estate
    Property ID
    US66-3090234
    2,100 SF 0.23 ac lot Built 1908
    Entity Owned 2-yr Hold ~ Est. High Equity
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    423 Main St, Findlay, OH 45840 For Sale 1 / 28
    $325,000 2,100 SF
    423 Main St, Findlay, OH 45840
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    Property summary

    AI-generated overview

    This exceptional 6,554 square foot storefront at 423 N Main St, Findlay, Ohio, presents a unique investment opportunity. Built in 1908, this single-story building sits on a 0.23-acre lot (APN 590000261860) and is zoned C2, offering versatility for retail, office, or mixed-use purposes. Ideal for an owner-operator or easily divisible for multiple tenants, this high-traffic location boasts convenient extra parking and rear delivery access. Recent upgrades significantly enhance its value, including a new metal roof (2017), a new HVAC system in the front (2024), and new ceiling furnaces in the rear. The asking price is $349,900 ($53.39/sq ft). The current business operation, pool, spa, and inventory are excluded from the sale. This property offers significant potential for a savvy investor seeking a prime location in Findlay, Ohio, 45840.

    Property profile

    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Year built 1908
    Construction MIXED
    Total area 2,100 SF
    Lot 0.23 ac (10,001 SF)
    APN 590000261860
    UPID US66-3090234

    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
    • (Bike/Boat/Book/etc) Store Hardware & Home Improvement
    1 occupant on record

    Location

    423 Main St Findlay, OH 45840
    Findlay metro Census 500 FINDLAY, OH MICROPOLITAN STATISTICAL AREA
    Google Maps

    Value estimations

    Realmo proprietary · 4 methods
    AI Approach AI
    $165k
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $190k

    Owner & transaction history

    since 2023
    Last sale
    $175,000
    4 recorded transactions
    2023
    $175,000
    2023
    Price N/A
    2019
    Price N/A
    2019
    Price N/A

    Comparables

    6 recent transactions · within 1.5 mi
    Comparable in this city
    6 recent transactions

    Comparable in this City

    • Value Estimation
      $115,000
      930 SF
      301 Bigelow Ave
      COMMERCIAL (GENERAL)
      301 Bigelow Ave, Findlay, OH 45840-4246
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    • Value Estimation
      $215,000
      1,120 SF
      7654 County Rd 223
      COMMERCIAL (GENERAL)
      7654 County Rd 223, Findlay, OH 45840-9313
      View Details
    • Value Estimation
      $50,000
      288 SF
      Distribution Dr
      COMMERCIAL (GENERAL)
      Distribution Dr, Findlay, OH 45840
      View Details
    • Value Estimation
      $160,000
      1,000 SF
      229 Main St
      COMMERCIAL (GENERAL)
      229 Main St, Findlay, OH 45840-3336
      View Details
    • Value Estimation
      $230,000
      1,403 SF
      729 Main St
      COMMERCIAL (GENERAL)
      729 Main St, Findlay, OH 45840-3554
      View Details
    • Value Estimation
      $190,000
      1,924 SF
      237 Prospect Ave
      COMMERCIAL (GENERAL)
      237 Prospect Ave, Findlay, OH 45840-4716
      View Details

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    • New
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    Recent comparable sales
    Sale price & price/SF · Sale date & distance · Adjustments & confidence
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