516 Main St Englewood, OH 45322-1501
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.
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.