623 Washington StNelsonville, OH 45764

  • Commercial real estate
  • 762 SF
For Sale
$225,000 View listing

Property Details for 623 Washington St

Year built
1948
Lot size
0.38 AC
Property size (Sq ft)
762 SF
Property type
Commercial real estate
APN
P03-03500037-00
APU
P030350003700

Description

This exceptional mixed-use property, located at 623 Washington Street in Nelsonville, Ohio, presents a compelling investment opportunity. The building boasts a generous 870 square feet of space, offering versatile potential for a variety of commercial and residential uses. Its strategic location in Nelsonville provides excellent access to local amenities and a thriving community. The property is situated on a lot with no acreage specified, making it ideal for a business owner seeking a manageable footprint. Priced competitively at $225,000, this property represents a significant value proposition for discerning investors. The building's mixed-use zoning allows for creative adaptation to suit diverse business needs, potentially including retail, office, or residential components. The absence of acreage simplifies maintenance and operational costs, making it an attractive option for both seasoned investors and those new to the commercial real estate market. Serious inquiries are encouraged to explore the full potential of this unique property and its significant return on investment prospects. The property's address is easily accessible and visible, ensuring high visibility for any business operating from this location. Further details regarding the building's internal layout and specific zoning regulations are available upon request. Don't miss this chance to acquire a valuable asset in a growing Ohio market.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • Alternative Use

    Use
    Valuation
    Residential
    $151,823
    Hospitality
    $139,069
    Educational
    $115,704
    Medical
    $119,683
    Retail
    $179,983

Location Insight

City
Nelsonville
County
Athens
State
Ohio
Latitude
39.462
Longitude
-82.244
CBSA code
11900
CBSA name
ATHENS, 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
$631
$4,620
$4,280
$8,900
-
$13,210
$12,220
$25,430

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