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Property profile & analytics
OFF-MARKET
Commercial real estate

623 Washington St Nelsonville, OH 45764-9745

762 SF 0.38 ac lot Built 1948
Individually Owned 1-yr Hold Free & Clear
Property ID
US66-4227368
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Use group COMMERCIAL (GENERAL)
Year built 1948
Total area 762 SF
Lot 0.38 ac (16,509 SF)
APN P03-03500037-00
UPID US66-4227368
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
Current use
Occupant on record · Public records
  • J & P Performance Automotive Services Auto Repair Shop
  • Powell's Paint & Body Auto Repair Shop
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Uriah Creamer · 1 yrs held
Uriah Creamer
since 2025
4 recorded transactions
2025
Price N/A
2023
$70,000
2016
Price N/A
2016
$19,000
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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