870 Orchard Hill RdZanesville, OH 43701

Property Details for 870 Orchard Hill Rd

Year built

1948

Lot size

0.40 AC

Property size (Sq ft)

2,560 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

17-37-05-09-000

APU

17370509000

Description

This exceptional mixed-use property at 870 Orchard Hill Road, Zanesville, OH, presents a unique investment opportunity. Priced at $294,900, this building offers a blend of commercial and residential space on a 0.4-acre lot. The commercial area is ideally suited for a variety of businesses, previously operating as a thriving medical practice. Features include ample paved parking, multiple offices and patient rooms, waiting and reception areas, multiple bathrooms, kitchenettes, and extensive storage. The layout is versatile and adaptable to various commercial needs. Above the commercial space is a residential apartment, offering significant potential. This retro-style apartment boasts a spacious kitchen, two nicely sized bedrooms, an office space, and a comfortable living area. The apartment provides an income-generating opportunity through rental or the possibility of owner occupancy, helping offset mortgage payments. The building's prime location and versatile design make it an attractive proposition for both investors and business owners seeking a unique and functional property. This is a truly remarkable opportunity that demands a personal viewing to fully appreciate its potential.

• CAP approach

  CAP return

  Valuation

  6%

  $486,853

  6.5%

  $449,403

  7%

  $417,303

• Comparable approach

  Method

  Valuation

  Relative Method

  $239,462

  Geo Method

  $239,462

• Alternative Use

  Use

  Valuation

  Residential

  $557,260

  Hospitality

  $510,447

  Educational

  $424,686

  Medical

  $439,292

  Retail

  $660,623

Location Insight

City

Zanesville

County

Muskingum

State

Ohio

Latitude

39.9805

Longitude

-82.015

CBSA code

49780

CBSA name

ZANESVILLE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].