104 Newell AveSaint Clairsville, OH 43950

Property Details for 104 Newell Ave

Year built

1900

Lot size

0.25 AC

Property size (Sq ft)

1,750 SF

Property type

Office buildings

APN

34-00911-000

APU

3400911000

Description

This exceptional mixed-use property, located at 104 Newell Ave in Saint Clairsville, Ohio, 43950, presents a unique investment opportunity. The 4,104 square foot building, constructed in 1900 and spanning two stories, offers a versatile layout ideal for a variety of commercial uses. The property boasts nine spacious offices, perfect for fostering productivity and collaboration. A dedicated conference room provides a professional setting for meetings, while three well-appointed bathrooms (one with a shower) ensure convenience for staff and clients. A welcoming main lobby area creates a positive first impression. The building is equipped with a functional kitchen, adding practicality for employees and guests. Climate control is ensured year-round with two furnaces and two air conditioning units. Two 200 Amp electric service panels provide ample power for operations. This prime location offers excellent visibility and accessibility, making it an attractive option for businesses seeking a thriving environment. The asking price is $430,000. This property is zoned for Medical and Office use.

• CAP approach

  CAP return

  Valuation

  6%

  $332,810

  6.5%

  $307,209

  7%

  $285,266

• Comparable approach

  Method

  Valuation

  Relative Method

  $163,695

  Geo Method

  $163,695

• Alternative Use

  Use

  Valuation

  Residential

  $380,939

  Hospitality

  $348,938

  Educational

  $290,313

  Medical

  $300,297

  Retail

  $451,598

Location Insight

City

Saint Clairsville

County

Belmont

State

Ohio

Latitude

40.0818

Longitude

-80.8984

CBSA code

48540

CBSA name

WHEELING, WV-OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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