101 Main StColdwater, OH 45828

  • Retail space
  • 4,074 SF
For Sale
$394,900 View listing

Property Details for 101 Main St

Year built
1936
Property size (Sq ft)
4,074 SF
Property type
Retail space
APN
08-33-230-008
APU
833230008

Description

This exceptional commercial property at 101 W Main Street in Coldwater, Ohio presents a rare opportunity to acquire a thriving business and its accompanying building. The property boasts a total of 8,148 square feet, situated on a 0.09-acre lot in the heart of downtown Coldwater. The main floor, exceeding 4,000 square feet, features full-length storefront windows ideal for captivating displays, a dedicated workspace, and a large walk-in cooler. The second floor, also over 4,000 square feet, offers ample organized storage, a private office, and significant potential for future development or expansion. Convenience is maximized with an elevator connecting both floors, facilitating efficient product movement. A detached garage provides additional space, including a second walk-in cooler. Recent improvements include the installation of epoxy flooring in 2023. The sale includes the established business, the building itself, and all existing inventory. A detailed inventory list is available upon request to qualified buyers. Financial information, including income and expense statements, can be provided after the execution of a Confidentiality Agreement. This turnkey operation offers a unique blend of established success and significant growth potential in a desirable downtown location. The asking price is $394,900.

Valuation
by Paperhouses methods

Valuation date:
Dec 11, 2024
  • CAP approach

    CAP return
    Valuation
    6%
    $1,149,156
    6.5%
    $1,060,759
    7%
    $984,990
  • Comparable approach

    Method
    Valuation
    Relative Method
    $202,147
    Geo Method
    $202,147
  • Alternative Use

    Use
    Valuation
    Residential
    $894,790
    Hospitality
    $819,623
    Educational
    $681,916
    Medical
    $705,369
    Retail
    $1,060,759

Location Insight

City
Coldwater
County
Mercer
State
Ohio
Latitude
40.4795
Longitude
-84.6289
CBSA code
16380
CBSA name
CELINA, 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
$3,319
$2,350
$64,910
$67,260
-
$6,720
$185,460
$192,180

FAQs

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