3201 Guernsey StBellaire, OH 43906

Property Details for 3201 Guernsey St

Year built

1967

Lot size

0.08 AC

Property size (Sq ft)

3,904 SF

Property type

Office buildings

APN

29-03650-000

APU

2903650000

Description

This exceptional 3,904-square-foot office building presents a compelling opportunity for businesses seeking a prominent location in Bellaire, OH. Strategically situated for optimal visibility and accessibility, this property boasts a versatile layout perfectly suited for a range of commercial uses. The space includes multiple private offices, a dedicated conference room, and shared workspaces, all complemented by a fully equipped kitchen. Ten on-site paved parking spaces provide ample convenience for employees and clients. The building features adaptable office configurations, allowing for single or multi-tenant occupancy, with private entry points for each. Natural light floods the open interiors, enhancing the well-designed floor plan. Its central Bellaire location offers easy access to local businesses, banks, restaurants, and community services. The property is fully equipped with essential utilities, including a reliable HVAC and electrical system. Ideal for professional offices (accounting, legal, medical, insurance), small businesses, government or community services, or even retail storefronts with integrated office space, this property offers the perfect blend of size, location, and functionality to support your business needs. The 0.08-acre lot provides ample space for parking and potential future expansion. This is a rare opportunity to secure a well-maintained, functional office building in a thriving Bellaire community. The asking price is $199,000.

• CAP approach

  CAP return

  Valuation

  6%

  $841,445

  6.5%

  $776,718

  7%

  $721,239

• Comparable approach

  Method

  Valuation

  Relative Method

  $365,180

  Geo Method

  $365,180

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $1,595,530

  Retail / Commercial

  $805,190

  Mixed-Use / Specialty

  $792,085

  Hospitality / Lodging

  $567,802

  Institutional / Educational

  $819,791

  Residential Income

  $959,155

  Multifamily

  $1,207,100

  Automotive / Energy

  $702,678

  Parking / Income-Based Land

  $252,598

  Restaurant / Food Service

  $390,126

  Healthcare / Senior Housing

  $822,764

Location Insight

City

Bellaire

County

Belmont

State

Ohio

Latitude

40.0145

Longitude

-80.7446

CBSA code

48540

CBSA name

WHEELING, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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