250 Castalia StBellevue, OH 44811

  • Retail properties
  • 22,461 SF
For Lease
$8/SF/YR View listing

Property Details for 250 Castalia St

Year built
1960
Lot size
1.81 AC
Property size (Sq ft)
22,461 SF
Property type
Retail properties
Property subtype
Strip malls
APN
01-0010-08-012-0000
APU
10010080120000

Description

This Bellevue, OH retail center offers 22,515 square feet of space, currently featuring a newly renovated 9,600 square foot Dollar Tree. Five additional suites are available for lease, ranging from 2,166 to 12,915 contiguous square feet. The building boasts a total of six suites, with a significant 12,915 square feet currently vacant, presenting a prime opportunity for expansion or new tenancy. Previous occupants include a doctor's office and a restaurant, indicating diverse potential uses. The property's location in Bellevue, OH offers excellent visibility and accessibility for businesses seeking a strong foothold in a thriving community. The newly renovated space provides immediate occupancy for a suitable tenant, while the remaining suites offer flexibility for various business types. This multi-tenant building presents a unique opportunity for both established businesses seeking expansion and new ventures looking for a well-located and versatile space. The size and layout of the available suites allow for customization to meet individual business needs. Inquire today to learn more about this exceptional retail investment opportunity.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $5,939,876
    6.5%
    $5,482,962
    7%
    $5,091,322
  • Comparable approach

    Method
    Valuation
    Relative Method
    $5,294,525
    Geo Method
    $5,294,525
  • Alternative Use

    Use
    Valuation
    Residential
    $4,625,084
    Hospitality
    $4,236,552
    Educational
    $3,524,762
    Medical
    $3,645,984
    Retail
    $5,482,962
250 Castalia St, Bellevue, Ohio

Location Insight

City
Bellevue
County
Huron
State
Ohio
Latitude
41.2759
Longitude
-82.8399
CBSA code
35940
CBSA name
NORWALK, 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
$9,026
$12,550
$151,250
$163,800
-
$35,850
$432,150
$468,000

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