850 Franklin StKenton, OH 43326

Property Details for 850 Franklin St

Lot size

0.34 AC

Property size (Sq ft)

3,060 SF

Property type

Office properties

Property subtype

Office buildings

APN

36-430070.0000

APU

364300700000

Description

This charming, historic two-story brick building at 850 E Franklin St., Unit 850, Kenton, OH, offers approximately 3,060 square feet of versatile space. Currently operating as a successful dental practice, this B1-zoned property presents a unique investment opportunity. The main floor comprises five well-appointed exam rooms, two restrooms, a spacious waiting room with reception area, and a convenient breakroom, creating an ideal environment for both staff and clients. The second floor features five additional rooms, providing ample space for expansion or customization to suit various business needs. Two additional bathrooms on the second floor add to the overall convenience. The timeless brick exterior and functional floor plan make this property attractive for investors seeking a strong return or business professionals looking for a well-established location. The property is situated in a prime location within Kenton, offering excellent visibility and accessibility. The building's current configuration as a dental office demonstrates its suitability for medical or professional services, but its adaptable layout allows for a wide range of potential uses. The asking price is $165,000. This is a rare opportunity to acquire a substantial and well-maintained commercial property in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $423,775

  6.5%

  $391,177

  7%

  $363,236

• Comparable approach

  Method

  Valuation

  Relative Method

  $286,232

  Geo Method

  $286,232

• Alternative Use

  Use

  Valuation

  Residential

  $485,060

  Hospitality

  $444,312

  Educational

  $369,662

  Medical

  $382,376

  Retail

  $575,030

Location Insight

City

Kenton

County

Hardin

State

Ohio

Latitude

40.6454

Longitude

-83.5962

Property Tax & Assessments

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