1791 2Nd StXenia, OH 45385

Property Details for 1791 2Nd St

Year built

1970

Lot size

1.20 AC

Property size (Sq ft)

3,000 SF

Property type

Retail properties

Property subtype

Retail space

APN

M40-0001-0030.0-0166.00

APU

M40000100300016600

Description

This exceptional 3,000 square foot retail property is ideally situated at 1791 2nd Street in Xenia, Ohio. The property offers a fantastic opportunity for businesses seeking a high-visibility location with significant foot traffic. Located in Xenia, OH, this retail space presents a compelling investment prospect. The building's generous 3,000 square feet provides ample room for a variety of retail ventures, allowing for flexible layout configurations to suit diverse business needs. The property is situated on a lot with no acreage, making it ideal for businesses that prioritize accessibility and convenience. The asking price for this prime retail space is $319,900, representing a strong value proposition in the current market. This is a rare opportunity to acquire a well-positioned retail space in a thriving community. The property's location offers excellent visibility and accessibility, ensuring high potential for customer engagement and business growth. Interested parties are encouraged to act swiftly to secure this exceptional investment opportunity. The property is ready for immediate occupancy, allowing for a seamless transition and quick start to operations. This retail space is poised to become a successful hub for any business seeking a prominent presence in Xenia, Ohio.

• CAP approach

  CAP return

  Valuation

  6%

  $697,017

  6.5%

  $643,400

  7%

  $597,443

• Comparable approach

  Method

  Valuation

  Relative Method

  $148,856

  Geo Method

  $148,856

• Alternative Use

  Use

  Valuation

  Residential

  $542,732

  Hospitality

  $497,140

  Educational

  $413,614

  Medical

  $427,839

  Retail

  $643,400

Location Insight

City

Xenia

County

Greene

State

Ohio

Latitude

39.6812

Longitude

-83.9607

CBSA code

19430

CBSA name

DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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