24 Main StThornville, OH 43076

Property Details for 24 Main St

Year built

1974

Construction

BRICK

Lot size

0.09 AC

Property size (Sq ft)

3,000 SF

Property type

Retail properties

Property subtype

Banks

APN

39-000313.0000

APU

390003130000

Description

This exceptional 5,815 square foot retail space, formerly a bank, presents a unique opportunity in Thornville, Ohio. Located at 24 S Main St, 43076, this property boasts a highly visible street presence and offers significant potential for a variety of commercial uses. The building includes 19 parking spaces (approximately 3.3 spaces per 1,000 square feet), providing ample parking for customers and employees. A key advantage is the inclusion of drive-through ATMs, which could be repurposed or retained depending on the new tenant's needs. Existing signage opportunities further enhance visibility and branding potential. The property's convenient location offers easy access to major transportation routes, including proximity to Interstate 70, and is within minutes of larger Ohio cities such as Lancaster, Newark, and Zanesville, ensuring a strong customer base from a wide geographic area. Some existing furniture may be available as part of the sale, providing a potential cost savings for the new owner. This is a rare opportunity to acquire a well-located, established commercial building with significant potential for growth and success in a thriving community. The property is classified as retail and previously operated as a bank. The Perry County location offers a strong foundation for a variety of businesses.

• CAP approach

  CAP return

  Valuation

  6%

  $797,367

  6.5%

  $736,031

  7%

  $683,457

• Comparable approach

  Method

  Valuation

  Relative Method

  $707,162

  Geo Method

  $707,162

• Alternative Use

  Use

  Valuation

  Residential

  $620,870

  Hospitality

  $568,713

  Educational

  $473,163

  Medical

  $489,435

  Retail

  $736,031

Location Insight

City

Thornville

County

Perry

State

Ohio

Latitude

39.8958

Longitude

-82.4208

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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