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Property profile & analytics
OFF-MARKET
Retail space

516 Main St Englewood, OH 45322-1501

2,400 SF 0.81 ac lot Built 1976
Entity Owned ~ Est. High Equity
Property ID
US66-0815148
Property summary
AI-generated overview

This exceptional retail opportunity presents a 1,200 square foot commercial shop located at 516 S. Main Street in Englewood, Ohio, 45322. Priced at $239,000, this property sits on a 0.81-acre lot and offers ample parking with 10 spaces. The building boasts a recently renovated upper level featuring new LED lighting, luxury vinyl flooring, and fresh paint. A significant advantage is the inclusion of a 1,200 square foot walkout lower level, offering additional space for storage or expansion. This location benefits from high visibility, with over 20,700 cars passing daily on S. Main Street. The property is ideally situated within a thriving residential and apartment community, providing a strong customer base. Furthermore, its proximity to numerous amenities, including restaurants, banks, and other retail shops, enhances its appeal. Conveniently located less than a mile from downtown Englewood and just 1.5 miles from I-70, this property offers unparalleled accessibility and exposure. This is an excellent investment for a smaller retail user seeking a high-traffic location in a desirable area.

Property profile
Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 1976
Construction WOOD
Total area 2,400 SF
Lot 0.81 ac (35,249 SF)
APN M57 00202 0005
UPID US66-0815148
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
P A Bourne Properties LLC
P A Bourne Properties LLC
since 2025
Last sale
$157,300
7 recorded transactions
2025
$157,300
2022
$165,000
2021
$105,000
2021
$105,000
2017
$125,000
2010
$91,300
2008
$115,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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