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127-131 W Market St 19,200 SF Retail Building Cadiz, OH 43907 $450,000 ($23.44/SF)
EXECUTIVE SUMMARY
Prime Mixed-Use Investment Opportunity in Downtown Cadiz.
Ideally located across from the Harrison County Courthouse in the quaint village of Cadiz, this three-story brick commercial building combines timeless character with modern potential. Rich in history and overflowing with charm, this former opera house maintains many of the stunning original features & design of the late 19th century. Moses Fleetwood “Fleet” Walker, the first African American Major League Baseball player in 1884 (pre Jackie Robinson and league reform) ran the opera house/movie theater for 18 years after his retirement.
The property features two fully renovated street-level professional storefronts - perfect for retail, office, or service-based businesses—one unit is currently leased, offering immediate income. The second and third floors include eight apartment units that have been completely gutted, with significant progress made on electrical and plumbing updates. With newer windows already installed, these units are ready for your finishing touches—ideal for conversion into short- or long-term rentals.
Situated on a high-visibility corner lot, the property includes rear parking, ample green space, and close proximity to local dining, shopping, and community amenities. Nestled in a rapidly growing region at the heart of Ohio’s Oil & Gas country, this property presents outstanding potential for investors and entrepreneurs alike.
Ideally located across from the Harrison County Courthouse in the quaint village of Cadiz, this three-story brick commercial building combines timeless character with modern potential. Rich in history and overflowing with charm, this former opera house maintains many of the stunning original features & design of the late 19th century. Moses Fleetwood “Fleet” Walker, the first African American Major League Baseball player in 1884 (pre Jackie Robinson and league reform) ran the opera house/movie theater for 18 years after his retirement.
The property features two fully renovated street-level professional storefronts - perfect for retail, office, or service-based businesses—one unit is currently leased, offering immediate income. The second and third floors include eight apartment units that have been completely gutted, with significant progress made on electrical and plumbing updates. With newer windows already installed, these units are ready for your finishing touches—ideal for conversion into short- or long-term rentals.
Situated on a high-visibility corner lot, the property includes rear parking, ample green space, and close proximity to local dining, shopping, and community amenities. Nestled in a rapidly growing region at the heart of Ohio’s Oil & Gas country, this property presents outstanding potential for investors and entrepreneurs alike.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
19,200 SF
Building Class
C
Year Built
1900
Price
$450,000
Price Per SF
$23.44
Tenancy
Multiple
Building Height
3 Stories
Building FAR
4.54
Lot Size
0.10 AC
Zoning
Commercial
Frontage
47’ on Market St
PROPERTY TAXES
| Parcel Number | 05-0002006.000 | Improvements Assessment | $39,980 |
| Land Assessment | $3,080 | Total Assessment | $43,060 |
PROPERTY TAXES
Parcel Number
05-0002006.000
Land Assessment
$3,080
Improvements Assessment
$39,980
Total Assessment
$43,060
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127-131 W Market St
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