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139 S Broadway St 2,604 SF 100% Leased Retail Building Blanchester, OH 45107 $250,000 ($96.01/SF) 4.89% Cap Rate

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Executive Summary

Historic renovated retail building in downtown Blanchester offering flexible use and value-add potential! Currently leased at $1,300/month, this well-maintained property includes a large main level with storefront presence and an upstairs area ideal for conversion to office or residential use. It delivers a 4.89% cap rate with the opportunity to boost returns by finishing and leasing the second floor. Real estate only tenant business not included in sale. Ideal for owner-occupants or investors seeking a great value-add opportunity.

Financial Summary (Actual - 2024) Click Here to Access

Annual Annual Per SF
Gross Rental Income $99,999 $9.99
Other Income - -
Vacancy Loss - -
Effective Gross Income $99,999 $9.99
Taxes $99,999 $9.99
Operating Expenses $99,999 $9.99
Total Expenses $99,999 $9.99
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2024) Click Here to Access

Gross Rental Income
Annual $99,999
Annual Per SF $9.99
Other Income
Annual -
Annual Per SF -
Vacancy Loss
Annual -
Annual Per SF -
Effective Gross Income
Annual $99,999
Annual Per SF $9.99
Taxes
Annual $99,999
Annual Per SF $9.99
Operating Expenses
Annual $99,999
Annual Per SF $9.99
Total Expenses
Annual $99,999
Annual Per SF $9.99
Net Operating Income
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront Retail/Residential
Building Size
2,604 SF
Year Built
1917
Price
$250,000
Price Per SF
$96.01
Cap Rate
4.89%
NOI
$12,225
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
1.49
Lot Size
0.04 AC
Zoning
B-5
Parking
5 Spaces (1.92 Spaces per 1,000 SF Leased)
Frontage
27’ on Broadway St

Nearby Major Retailers

IGA
Peoples Bancorp, Inc.

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 220-10-15-01-0066-00
  • 220-08-12-01-C043-00
Land Assessment
$6,100
Improvements Assessment
$14,630
Total Assessment
$20,730
Annual Taxes
($1) ($0.00/SF)
Tax Year
2024
  • Listing ID: 37971881

  • Date on Market: 10/7/2025

  • Last Updated:

  • Address: 139 S Broadway St, Blanchester, OH 45107

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