260 Main StAmherst, OH 44001

Property Details for 260 Main St

Year built

1900

Construction

FRAME

Lot size

0.12 AC

Property size (Sq ft)

2,356 SF

Property type

Office properties

Property subtype

Office buildings

APN

05-00-024-101-010

APU

500024101010

Description

This exceptional 225-square-foot office space in historic downtown Amherst offers a versatile layout ideal for single-tenant occupancy or comfortably accommodating two or more workstations. Its prime location provides immediate access to a vibrant array of restaurants, shops, and other amenities. The unit boasts a private bathroom and a convenient mini-kitchenette, enhancing both comfort and functionality. Parking is readily available, with designated spaces in a nearby lot (first-come, first-served) and ample street parking options. The base rent includes all utilities except internet, simplifying budgeting and administration. Furthermore, landscaping and snow removal are provided, eliminating the need for tenant responsibility in these areas. This turnkey solution presents a rare opportunity to establish a presence in a thriving downtown environment. The property's APN is 05-00-024-101-010. The space is suitable for traditional office use, coworking arrangements, or executive office needs. This single-tenant space offers a unique blend of convenience, functionality, and location. Don't miss this chance to secure your ideal workspace.

• CAP approach

  CAP return

  Valuation

  6%

  $423,844

  6.5%

  $391,241

  7%

  $363,295

• Comparable approach

  Method

  Valuation

  Relative Method

  $220,380

  Geo Method

  $220,380

• Alternative Use

  Use

  Valuation

  Residential

  $485,139

  Hospitality

  $444,384

  Educational

  $369,723

  Medical

  $382,438

  Retail

  $575,124

Location Insight

City

Amherst

County

Lorain

State

Ohio

Latitude

41.3977

Longitude

-82.2272

CBSA code

17460

CBSA name

CLEVELAND-ELYRIA-MENTOR, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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