252 Main StCortland, OH 44410

Property Details for 252 Main St

Year built

1937

Lot size

0.14 AC

Property size (Sq ft)

8,778 SF

Property type

Retail space

APN

34-022307

APU

34022307

Description

This exceptional investment opportunity presents a thriving, top-rated dog care facility located at 252 W Main St, Cortland, Ohio, 44410. The property boasts a substantial 8,778 square feet spread across two stories, plus a basement, situated on a 0.13-acre lot. Currently operating at 100% occupancy, this single-tenancy storefront offers significant income potential. Recent upgrades include a new roof, HVAC system, and electrical work, ensuring efficient and cost-effective operation. Further enhancing the facility's capabilities are a new grooming shower and three built-in tubs. The property is zoned for commercial use and benefits from a highly desirable downtown location within Trumbull County. Detailed financial information is available upon execution of a non-disclosure agreement. The sale includes both the business and the real estate, presenting a turnkey opportunity for a savvy investor. This is a rare chance to acquire a well-established, profitable business with a modern, well-maintained building in a thriving community. Don't miss this chance to own a piece of Cortland's vibrant commercial landscape.

• CAP approach

  CAP return

  Valuation

  6%

  $1,961,310

  6.5%

  $1,810,440

  7%

  $1,681,120

• Comparable approach

  Method

  Valuation

  Relative Method

  $853,938

  Geo Method

  $853,938

• Alternative Use

  Use

  Valuation

  Industrial / Distribution

  $3,587,490

  Mixed-Use / Specialty

  $1,780,970

  Hospitality / Lodging

  $1,276,680

  Office

  $1,746,420

  Institutional / Educational

  $1,843,270

  Residential Income

  $2,156,630

  Multifamily

  $2,714,120

  Automotive / Energy

  $1,579,950

  Parking / Income-Based Land

  $567,957

  Restaurant / Food Service

  $877,183

  Healthcare / Senior Housing

  $1,849,950

Location Insight

City

Cortland

County

Trumbull

State

Ohio

Latitude

41.3304

Longitude

-80.7299

CBSA code

49660

CBSA name

YOUNGSTOWN-WARREN-BOARDMAN, OH-PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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