426 Main St Alliance, OH 44601-2427
This exceptional 47,440 square foot retail building, located at 426 E Main Street in Alliance, Ohio, presents a rare investment opportunity. The historic Lamborn Building, situated on a 0.29-acre lot, boasts a rich history, having once been owned by J.C. Penney. Currently operating as a successful antique store, the property offers significant potential for adaptive reuse and modernization. Its three floors and a full basement provide ample space for a variety of commercial ventures. The building's architectural details contribute to its unique character and charm, making it an attractive proposition for businesses seeking a distinctive presence in the heart of Alliance. The existing warehouse and storage spaces offer additional flexibility and utility. The asking price for this landmark property is $350,000. This is a chance to acquire a piece of Alliance history and capitalize on its prime location and substantial square footage. The building's versatility allows for a wide range of potential uses, making it an ideal investment for both seasoned developers and entrepreneurs seeking a unique opportunity. The substantial size and existing infrastructure provide a solid foundation for future growth and success.
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Pocket Change Antique Mall (Bike/Boat/Book/etc) Store
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
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.