10 Main StAlexandria, OH 43001

Property Details for 10 Main St

Year built

1900

Lot size

0.09 AC

Property size (Sq ft)

7,216 SF

Property type

Retail properties

Property subtype

Retail space

APN

067-322272-00.000

APU

6732227200000

Description

This exceptional 1,200 square foot mixed-use building, located at 10 E Main Street in the heart of Alexandria, OH, presents a unique investment opportunity. The property sits on a 0.05-acre lot and is currently configured as an insurance office, but its adaptable layout makes it suitable for a variety of uses. Previously utilized as a medical office, the building boasts seven individual offices, a spacious conference/boardroom ideal for meetings or collaborative work, a convenient break room, and a full bathroom. A sizable basement provides ample storage space. The building is in move-in condition, requiring no immediate renovations. On-street parking is readily available for tenants and clients. Its strategic location offers easy access to major roadways, including SR161/16, I-70/270/71/670, ensuring convenient commutes for employees and clients. The property enjoys proximity to significant employers such as Intel and Facebook, as well as the Silicon Heartland technology hub, and is only 25 minutes from John Glenn International Airport. Furthermore, the location offers easy access to a variety of dining, entertainment, shopping, and educational institutions, enhancing its appeal and potential for attracting a diverse clientele. Priced at $449,900, this property represents a compelling investment in a thriving Ohio community. The versatile design and prime location make this an excellent opportunity for both owner-occupancy and investment purposes.

• CAP approach

  CAP return

  Valuation

  6%

  $2,017,308

  6.5%

  $1,862,130

  7%

  $1,729,121

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,700,961

  Geo Method

  $1,700,961

• Alternative Use

  Use

  Valuation

  Residential

  $1,570,776

  Hospitality

  $1,438,823

  Educational

  $1,197,084

  Medical

  $1,238,253

  Retail

  $1,862,130

Location Insight

City

Alexandria

County

Licking

State

Ohio

Latitude

40.0892

Longitude

-82.6124

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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