25 Portage StDoylestown, OH 44230

Property Details for 25 Portage St

Year built

1864

Construction

FRAME

Lot size

0.19 AC

Property size (Sq ft)

2,694 SF

Property type

Healthcare properties

Property subtype

Medical offices

APN

17-00461-000

APU

1700461000

Description

This exceptional 3,034 square foot retail bank building is ideally situated in the heart of downtown Doylestown, Ohio, at the strategic intersection of South Portage Street and Clinton Road. The property boasts dual ingress and egress points, providing convenient access from both South Portage Street and Black Drive. With approximately 125 feet of frontage, the building offers excellent visibility and accessibility. A significant advantage is the drive-through accessibility, enhancing customer convenience. Its location offers easy access to State Route 585, just four minutes away, and is within a short 10-minute drive of Wadsworth, a town with a population of approximately 25,000. The surrounding area features a robust economy driven by manufacturing, construction, and healthcare sectors. Nearby established businesses include CVS, Doylestown Coffee House, Subway, US Bank, and NAPA Auto Parts, indicating a thriving commercial environment. The property sits on a 0.6-acre lot and is a single-story building. This presents a unique opportunity for a business seeking a high-visibility location in a well-established commercial area. The property consists of one building with a total of 3,034 square feet.

• CAP approach

  CAP return

  Valuation

  6%

  $512,337

  6.5%

  $472,927

  7%

  $439,146

• Comparable approach

  Method

  Valuation

  Relative Method

  $251,997

  Geo Method

  $251,997

• Alternative Use

  Use

  Valuation

  Residential

  $586,429

  Hospitality

  $537,166

  Educational

  $446,916

  Medical

  $462,286

  Retail

  $695,202

Location Insight

City

Doylestown

County

Wayne

State

Ohio

Latitude

40.969

Longitude

-81.6967

CBSA code

49300

CBSA name

WOOSTER, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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