305 Main StOttawa, OH 45875
- Commercial real estate
- 11,740 SF
Property Details for 305 Main St
- Year built
- 1999
- Construction
- CONCRETE BLOCKS
- Property size (Sq ft)
- 11,740 SF
- Property type
- Commercial real estate
- APN
- 32-009100.0000
- APU
- 320091000000
Description
This freestanding, 11,300 square foot former Rite Aid pharmacy in Ottawa, Ohio, is available for sale, lease, or ground lease. Situated on a 0.99-acre lot at 305 W Main St, 45875, this property boasts over 255 linear feet of frontage on W. Main Street and 165 linear feet on N. Elm Street, benefiting from over 16,200 vehicles passing daily. Its central location offers premier visibility and accessibility within the corridor, surrounded by residential areas. The building underwent a recent "Wellness Remodel" by Rite Aid, resulting in a significantly updated interior. Furthermore, the roof was recently improved in 2022 as part of a sale-leaseback transaction. The property includes a double-lane drive-thru, adding to its convenience and appeal. This presents a unique opportunity for a variety of retail uses. The net rentable square footage is 11,325 square feet. The asking price is $1,650,000.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
Alternative Use
- Use
- Valuation
- Residential
- $2,426,111
- Hospitality
- $2,222,305
- Educational
- $1,848,932
- Medical
- $1,912,519
- Retail
- $2,876,116
Location Insight
- City
- Ottawa
- County
- Putnam
- State
- Ohio
- Latitude
- 41.0188
- Longitude
- -84.0506
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
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