105 Portage StDoylestown, OH 44230

  • Retail space
  • 2,835 SF
For Lease
$7.50/SF/YR View listing

Property Details for 105 Portage St

Year built
1904
Lot size
0.08 AC
Property size (Sq ft)
2,835 SF
Property type
Retail space
APN
17-00737-000
APU
1700737000

Description

This exceptional retail opportunity presents a 2,835 square foot storefront located at 105 Portage Street in Doylestown, Ohio, 44230. The property, a single-tenant space, boasts a desirable location and is available for lease at a significantly reduced monthly rate of $1,750 plus utilities. Built in 1904, the building is classified as Class C and sits on a 0.084-acre lot (Parcel Number: 17-00737.000). In addition to the main retail space, a 924 square foot garage is included, offering potential for storage or expansion. Parking is conveniently available on the street and alongside the building. Annual property taxes are $1,399.86. This property presents a compelling investment opportunity for a variety of retail businesses seeking a well-situated space in the heart of Doylestown. The property's size and location make it ideal for a range of retail uses. The reduced lease price represents a significant value proposition for prospective tenants. Serious inquiries are encouraged to explore this attractive commercial real estate offering. The property is categorized as a storefront retail space.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $792,554
    6.5%
    $731,588
    7%
    $679,332
  • Comparable approach

    Method
    Valuation
    Relative Method
    $668,268
    Geo Method
    $668,268
  • Alternative Use

    Use
    Valuation
    Residential
    $617,122
    Hospitality
    $565,280
    Educational
    $470,307
    Medical
    $486,481
    Retail
    $731,588

Location Insight

City
Doylestown
County
Wayne
State
Ohio
Latitude
40.9699
Longitude
-81.696
CBSA code
49300
CBSA name
WOOSTER, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$1,394
$2,950
$25,650
$28,600
-
$8,430
$73,290
$81,720

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