621 Main StEnglewood, OH 45322

Property Details for 621 Main St

Year built

1964

Construction

FRAME

Lot size

0.23 AC

Property size (Sq ft)

1,635 SF

Property type

Retail properties

Property subtype

Auto shops

APN

M57 00205 0007

APU

M57002050007

Description

This exceptional commercial property, located at 621 S Main Street in Englewood, Ohio, presents a lucrative investment opportunity. The 0.59-acre lot boasts a 3,286 square foot retail space, ideally suited for an auto shop or similar business. Its strategic corner location on South Main Street ensures high visibility and accessibility, benefiting from an estimated 20,000 vehicles passing daily. The property is zoned commercial, offering flexibility for various uses. The building's size and prominent location provide ample space for operations and customer parking. This is a rare opportunity to acquire a well-positioned retail space in a thriving area of Montgomery County, Ohio, with significant potential for growth and return on investment. The asking price is $400,000. The property's address is 621 S Main St, Englewood, OH 45322. Its geographic coordinates are latitude 39.868784850990195 and longitude -84.29349158986038. This turnkey operation is ready for a new owner to capitalize on its established presence and high traffic volume.

• CAP approach

  CAP return

  Valuation

  6%

  $444,522

  6.5%

  $410,328

  7%

  $381,019

• Comparable approach

  Method

  Valuation

  Relative Method

  $129,161

  Geo Method

  $81,127

• Alternative Use

  Use

  Valuation

  Residential

  $346,127

  Hospitality

  $317,050

  Educational

  $263,782

  Medical

  $272,854

  Retail

  $410,328

Location Insight

City

Englewood

County

Montgomery

State

Ohio

Latitude

39.8684

Longitude

-84.2935

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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