941 Steubenville AveCambridge, OH 43725

Property Details for 941 Steubenville Ave

Year built

1995

Construction

FRAME

Lot size

0.19 AC

Property size (Sq ft)

3,632 SF

Property type

Office properties

Property subtype

Office buildings

APN

06-0002771.000

APU

60002771000

Description

This exceptional commercial building, situated at 941 Steubenville Avenue in Cambridge, Ohio, offers over 6,469 square feet of prime office space. Its convenient location, just one block from downtown Cambridge and less than two blocks from the Guernsey County courthouse, Cambridge Police Station, Fire Department, multiple banks, attorney offices, and various businesses, ensures high visibility and accessibility. The property boasts ample private parking located at the rear, accessible from a separate entrance. The building's layout is highly adaptable. The ground floor features a reception area, file and copy room, public restrooms, and six offices, including a conference room. The second floor mirrors this functionality, offering two restrooms, a utility room, file and storage room, a kitchen, and five additional offices. All office spaces are fully furnished, providing a turnkey solution for immediate occupancy. The building's two levels could easily be leased separately, with the first floor commanding a potentially higher rental rate due to its prime location. The property sits on a 0.19-acre lot and is offered as a triple net lease. This presents a unique opportunity for a business seeking a well-appointed, centrally located office space in a thriving community.

• CAP approach

  CAP return

  Valuation

  6%

  $690,723

  6.5%

  $637,591

  7%

  $592,049

• Comparable approach

  Method

  Valuation

  Relative Method

  $339,737

  Geo Method

  $339,737

• Alternative Use

  Use

  Valuation

  Residential

  $790,613

  Hospitality

  $724,197

  Educational

  $602,523

  Medical

  $623,245

  Retail

  $937,258

Location Insight

City

Cambridge

County

Guernsey

State

Ohio

Latitude

40.0265

Longitude

-81.5869

CBSA code

15740

CBSA name

CAMBRIDGE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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