623 Washington St Nelsonville, OH 45764-9745
This exceptional mixed-use property, located at 623 Washington Street in Nelsonville, Ohio, presents a compelling investment opportunity. The building boasts a generous 870 square feet of space, offering versatile potential for a variety of commercial and residential uses. Its strategic location in Nelsonville provides excellent access to local amenities and a thriving community. The property is situated on a lot with no acreage specified, making it ideal for a business owner seeking a manageable footprint. Priced competitively at $225,000, this property represents a significant value proposition for discerning investors. The building's mixed-use zoning allows for creative adaptation to suit diverse business needs, potentially including retail, office, or residential components. The absence of acreage simplifies maintenance and operational costs, making it an attractive option for both seasoned investors and those new to the commercial real estate market. Serious inquiries are encouraged to explore the full potential of this unique property and its significant return on investment prospects. The property's address is easily accessible and visible, ensuring high visibility for any business operating from this location. Further details regarding the building's internal layout and specific zoning regulations are available upon request. Don't miss this chance to acquire a valuable asset in a growing Ohio market.
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Powell's Paint & Body Auto Repair Shop
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
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.