1853 Bridge StChillicothe, OH 45601

  • Retail properties
  • 15,384 SF
For Lease
$10/SF/YR View listing

Property Details for 1853 Bridge St

Year built
2007
Construction
BRICK
Lot size
3.49 AC
Property size (Sq ft)
15,384 SF
Property type
Retail properties
Property subtype
Grocery and convenience stores
APN
32-54-60-023.000
APU
325460023000

Description

This exceptional freestanding retail property, located at 1853 N Bridge Street in Chillicothe, Ohio, 45601, offers a significant opportunity for businesses seeking ample space and high visibility. The building boasts a total of 17,904 square feet, currently entirely vacant and available for lease. The space is highly adaptable and can be divided into two units, with a minimum leaseable area of 9,000 square feet. This provides flexibility for multiple tenants or a single large-scale operation. The property features one convenient loading dock, ensuring efficient loading and unloading of goods. Ample parking is available with 81 spaces provided for customers and employees. The building's prime location in Chillicothe offers excellent access to major roadways and a strong customer base. This is an ideal opportunity for retailers seeking a prominent presence in a thriving Ohio market. The property is classified as a retail space and is a freestanding building with multiple tenancy options. The building's size and layout make it suitable for a variety of retail uses. Interested parties are encouraged to inquire about lease terms and conditions. The property's coordinates are 39.3744981 latitude and -82.9749374 longitude.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $3,811,742
    6.5%
    $3,518,530
    7%
    $3,267,207
  • Comparable approach

    Method
    Valuation
    Relative Method
    $3,626,329
    Geo Method
    $3,626,329
  • Alternative Use

    Use
    Valuation
    Residential
    $2,968,012
    Hospitality
    $2,718,683
    Educational
    $2,261,912
    Medical
    $2,339,703
    Retail
    $3,518,530
1853 Bridge St, Chillicothe, Ohio

Location Insight

City
Chillicothe
County
Ross
State
Ohio
Latitude
39.3742
Longitude
-82.975
CBSA code
17060
CBSA name
CHILLICOTHE, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$20,733
$230,580
$236,390
$466,970
-
$658,800
$675,400
$1,334,200

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