202 Main StCelina, OH 45822

Property Details for 202 Main St

Year built

1876

Property size (Sq ft)

480 SF

Property type

Retail properties

Property subtype

Retail space

APN

09-06-154-001

APU

906154001

Description

This exceptional commercial property, located at 202 South Main Street in Celina, Ohio, presents a unique opportunity for businesses seeking a prominent downtown presence. The building, constructed in 1876 and extensively renovated in 2023, offers a total of 7,500 square feet of versatile space across two floors, situated above The James Watson House restaurant. The property is zoned for retail, office, and special purpose uses, accommodating a variety of business types. Currently, there is a single space available, ranging from 3,500 to 8,000 square feet, offering flexibility for tenants. The minimum leasable space is 7,500 square feet. This high-visibility corner location boasts excellent exposure on South Main Street, placing businesses within easy reach of Grand Lake St. Marys. The property's historical charm is complemented by modern updates, creating a unique and attractive environment. Owners are open to discussing development options and lease terms are negotiable, making this an ideal opportunity for businesses seeking a flexible and prominent location in the heart of Celina's revitalized downtown area. The property's APN is 270792000000 and is located in Mercer County, with Fayette Street as a cross street. The building consists of one structure.

• CAP approach

  CAP return

  Valuation

  6%

  $135,394

  6.5%

  $124,979

  7%

  $116,052

• Comparable approach

  Method

  Valuation

  Relative Method

  $23,817

  Geo Method

  $23,817

• Alternative Use

  Use

  Valuation

  Residential

  $105,424

  Hospitality

  $96,568

  Educational

  $80,344

  Medical

  $83,107

  Retail

  $124,979

Location Insight

City

Celina

County

Mercer

State

Ohio

Latitude

40.5479

Longitude

-84.5703

CBSA code

16380

CBSA name

CELINA, OH MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

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