516 Main StEnglewood, OH 45322

Property Details for 516 Main St

Year built

1976

Construction

WOOD

Lot size

0.81 AC

Property size (Sq ft)

2,400 SF

Property type

Retail space

APN

M57 00202 0005

APU

M57002020005

Description

This exceptional retail opportunity presents a 1,200 square foot commercial shop located at 516 S. Main Street in Englewood, Ohio, 45322. Priced at $239,000, this property sits on a 0.81-acre lot and offers ample parking with 10 spaces. The building boasts a recently renovated upper level featuring new LED lighting, luxury vinyl flooring, and fresh paint. A significant advantage is the inclusion of a 1,200 square foot walkout lower level, offering additional space for storage or expansion. This location benefits from high visibility, with over 20,700 cars passing daily on S. Main Street. The property is ideally situated within a thriving residential and apartment community, providing a strong customer base. Furthermore, its proximity to numerous amenities, including restaurants, banks, and other retail shops, enhances its appeal. Conveniently located less than a mile from downtown Englewood and just 1.5 miles from I-70, this property offers unparalleled accessibility and exposure. This is an excellent investment for a smaller retail user seeking a high-traffic location in a desirable area.

• CAP approach

  CAP return

  Valuation

  6%

  $652,475

  6.5%

  $602,284

  7%

  $559,264

• Comparable approach

  Method

  Valuation

  Relative Method

  $189,695

  Geo Method

  $119,085

• Alternative Use

  Use

  Valuation

  Residential

  $508,049

  Hospitality

  $465,370

  Educational

  $387,183

  Medical

  $400,499

  Retail

  $602,284

Location Insight

City

Englewood

County

Montgomery

State

Ohio

Latitude

39.8722

Longitude

-84.2967

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].