101 Elm StUnion City, OH 45390

Property Details for 101 Elm St

Year built

1900

Lot size

0.57 AC

Property size (Sq ft)

12,084 SF

Property type

Banks

APN

H33-2-113-30-02-01-14100

APU

H33211330020114100

Description

This exceptional former bank building in Union City, Ohio presents a unique investment opportunity. The property boasts over 15,000 square feet of usable space spread across three levels. The main level, approximately 9,300 square feet, features adaptable office space, teller stations, conference rooms, a vault, and restrooms. A finished lower level offers an additional 2,500 square feet, perfect for training rooms, a bullpen, or additional offices, including a server room, break room, restrooms, and a second vault. The unfinished basement provides ample storage and mechanical space. A largely unfinished third floor adds another 3,500 square feet of potential. Two staircases provide access, one with direct street access. The 0.57-acre lot offers ample off-street parking. A separate 471 square foot building, plus an additional 999 square feet under a canopy, previously served as a drive-up window and teller station, and includes a storage room, restroom, and a pneumatic tube system connecting to the main building. Built in 1971, this two-story building is located at 101 E Elm St, Union City, OH 45390, and is offered at $500,000. The versatile layout is suitable for a variety of uses, including corporate headquarters, financial institutions, or creative office spaces. This property offers significant potential for a discerning buyer.

• CAP approach

  CAP return

  Valuation

  6%

  $2,814,182

  6.5%

  $2,597,707

  7%

  $2,412,156

• Comparable approach

  Method

  Valuation

  Relative Method

  $2,357,540

  Geo Method

  $599,594

• Alternative Use

  Use

  Valuation

  Residential

  $2,191,263

  Hospitality

  $2,007,185

  Educational

  $1,669,954

  Medical

  $1,727,387

  Retail

  $2,597,707

Location Insight

City

Union City

County

Darke

State

Ohio

Latitude

40.1999

Longitude

-84.8056

CBSA code

24820

CBSA name

GREENVILLE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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