Property profile

609 Franklin St Kenton, OH 43326

OFF-MARKET
Specialty properties
Property ID
US66-4905390
2,016 SF 0.17 ac lot Built 1900
Entity Owned Absentee Owner Free & Clear
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Property summary

AI-generated overview

This exceptional commercial property, located at 609 Franklin Street in Kenton, Ohio, presents a compelling investment opportunity. The building boasts a generous 2,016 square feet of usable space, offering ample room for a variety of commercial ventures. Situated on a lot with no acreage, the property's convenient location within Kenton provides excellent accessibility and visibility. The asking price is $150,000, representing a strong value proposition for prospective buyers seeking a foothold in the Kenton commercial market. The property's classification is General Commercial, allowing for a broad range of potential uses, subject to local zoning regulations. This versatile space is ideal for businesses seeking a well-maintained building in a thriving community. The absence of acreage simplifies maintenance and operational costs, making it an attractive option for entrepreneurs and investors alike. Further due diligence is recommended to fully assess the property's suitability for specific business plans and to confirm compliance with all applicable building codes and regulations. Serious inquiries are encouraged to explore this promising investment opportunity in the heart of Kenton. The property is ready for immediate occupancy, providing a seamless transition for new businesses.

Property profile

Verified
Property type Specialty properties
Use group VETERINARY, ANIMAL HOSPITAL
Year built 1900
Total area 2,016 SF
Lot 0.17 ac (7,200 SF)
APN 36-150003.0000
UPID US66-4905390

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

609 Franklin St Kenton, OH 43326-1752
Kenton metro Census 600
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$235k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$235k

Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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