662 Main StBlanchester, OH 45107

Property Details for 662 Main St

Year built

2002

Lot size

0.66 AC

Property size (Sq ft)

8,000 SF

Property type

Retail space

APN

220-06-06-04-0000-00

APU

220060604000000

Description

This 8,000 square foot freestanding retail building is located at 662 W Main St, Blanchester, Ohio, 45107. The property is situated in Clinton County and offers a single-tenant occupancy opportunity. Ideal for a variety of retail uses, this building presents a significant opportunity for investors or owner-operators seeking a presence in the Blanchester market. The building's size and prominent location on West Main Street provide excellent visibility and accessibility for customers. The property's single-tenant configuration simplifies management and reduces operational complexities. This presents a straightforward investment with potential for strong rental income or owner-occupied business operations. The building's condition and any necessary renovations or upgrades would need to be assessed independently by prospective buyers. Further due diligence is recommended to fully understand the property's potential and suitability for intended use. Detailed property information and financial records are available upon request. This is a prime opportunity to acquire a well-located retail space in a growing community. The property's location offers convenient access to local amenities and transportation routes. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $1,568,930

  6.5%

  $1,448,243

  7%

  $1,344,797

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,503,670

  Geo Method

  $2,503,670

• Alternative Use

  Use

  Valuation

  Residential

  $1,221,648

  Hospitality

  $1,119,022

  Educational

  $931,014

  Medical

  $963,033

  Retail

  $1,448,243

Location Insight

City

Blanchester

County

Clinton

State

Ohio

Latitude

39.2897

Longitude

-84.0005

CBSA code

48940

CBSA name

WILMINGTON, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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