747 W Market St Tiffin, OH 44883
- Bowling alleys
- 20,950 SF
- 0.88 lot acres
Current Use by Public Records
- Bowling alleys
Property Details for 747 W Market St
- Year built
- 1950
- Construction
- FRAME
- Lot size
- 0.88 lot acres
- Property size
- 20,950 SF
- Property type
- Bowling alleys
- APN
- Q53030360240000
- APU
- Q53030360240000
Description
This exceptional 20,950 square foot commercial property is ideally situated in Tiffin, Ohio's thriving West end commerce area at 747 W MARKET Street. The building presents a significant opportunity for a variety of commercial ventures, benefiting from its prime location and high visibility. The sale price of $649,990 represents a compelling investment in a robust market. It's important to note that all interior fixtures, equipment, and lanes are sold separately from the real estate itself, allowing for customization to suit the buyer's specific needs and business plan. The property sits on a 0-acre lot, but additional adjacent property is available, providing potential for expansion or improved access with additional ingress/egress points. This strategic location within a growing commercial district offers excellent potential for return on investment. Furthermore, this property may be eligible for the Community Reinvestment Area program, potentially offering further financial incentives. Serious inquiries are encouraged to explore this remarkable commercial opportunity in detail. The property's size and location make it suitable for a wide range of commercial uses, offering a blank canvas for a discerning investor or business owner.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $445,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $465,000
- 6.5%
- $465,000
- 7%
- $480,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $505,000
- Geo Method
- $445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $410,000
- Retail
- $445,000
- Mixed-Use
- $560,000
- Hospitality
- $560,000
- Educational
- $535,000
- Residential Income
- $460,000
- Energy
- $485,000
- Income-Based Land
- $415,000
- Food Service
- $485,000
Location Insight
- Map
- Local Demand
- City
- Tiffin
- County
- Seneca
- State
- Ohio
- Longitude
- -83.2071
- Latitude
- 41.1103
- CBSA code
- 45660
- CBSA name
- TIFFIN, OH MICROPOLITAN STATISTICAL AREA