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488-498 Canal St (SR 33) 6,000 SF 100% Leased Retail Building Nelsonville, OH 45764 $620,000 ($103.33/SF) 9.43% Cap Rate
Executive Summary
Please do not disturb tenants. Well built retail center on busiest street in Nelsonville. Fully leased, good tenants. Investment property. Concrete parking. Nicest building in Nelsonville. Owner self manages. Tenants pay own utilities.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
6,000 SF
Building Class
C
Year Built
2007
Price
$620,000
Price Per SF
$103.33
Cap Rate
9.43%
NOI
$58,491
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
0.73 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
20 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
300’ on CANAL ST
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
-
- Accommodation and Food Services
- 2,000 SF
- -
- -
- -
We are locally owned and operated so we strive to give our community the best tasting pizza around. Whether you are a failthful customer or are placing your first order, we guarantee the best quallity pizza, subs and salads.
- National DME
- Professional, Scientific, and Technical Services
- 1,000 SF
- -
- Plus Utilities
- Sep 2023
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Accommodation and Food Services | 2,000 SF | - | - | - | |
| National DME | Professional, Scientific, and Technical Services | 1,000 SF | - | Plus Utilities | Sep 2023 |
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | P03-02900011-00 | Improvements Assessment | $125,110 |
| Land Assessment | $36,790 | Total Assessment | $161,900 |
Property Taxes
Parcel Number
P03-02900011-00
Land Assessment
$36,790
Improvements Assessment
$125,110
Total Assessment
$161,900
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488-498 Canal St (SR 33)
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