615 Market St Minerva, OH 44657-1003
This 7,402 square foot commercial office building at 615 N Market Street, Minerva, OH, presents a unique investment opportunity. Situated on a 0.33-acre lot just north of downtown Minerva and near Minerva Municipal Park, this property enjoys a highly desirable location. The durable brick structure features four entrances (two front, two rear) and is zoned for business use. The building offers a flexible layout, ideal for a variety of businesses. The upper level includes two spacious reception areas, three restrooms, and multiple private offices. Similarly, the finished lower level provides two reception areas, two restrooms, multiple private offices, and two storage rooms. Separate HVAC and electric systems ensure efficient energy management. Significant recent improvements include a roof replacement completed in the summer of 2024. Parking is readily available with 4-5 spaces off Market Street and an additional parking lot off East Street accommodating 14-20 vehicles, primarily serving the lower-level offices. The irregularly shaped lot encompasses both parking areas. Detailed building plans and supplemental information are available to prospective buyers. This versatile property offers a compelling combination of prime location, flexible space, ample parking, and recent upgrades, making it an attractive option for businesses seeking a well-established presence in Minerva.
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.