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8133 S State Route 48 3,134 SF Retail Building Maineville, OH 45039 $650,000 ($207.40/SF) 8% Cap Rate
Investment Highlights
- 3,137 SF commercial office / retail building
- 20 parking spaces for customer convenience
- Located in a growing market for increased potential
- 4 tenants including Village of Maineville
- Grossing over $62,000 annually
- Walkable to restaurants for added appeal
Executive Summary
Presenting 8133 OH-48, a historic 3,137 SF commercial office/retail building. With four tenants, including the Village of Maineville, and over $62,000 in annual gross revenue, this property offers a stable income stream. Additionally, it features 20 parking spaces for customer convenience and is located in a growing market with walkable restaurants nearby. Ideal for retail or free-standing building investors seeking a prime opportunity in Maineville. Owner occupied and replacing them with tenant contingent on sale.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
3,134 SF
Building Class
C
Year Built/Renovated
1963/1985
Price
$650,000
Price Per SF
$207.40
Cap Rate
8%
NOI
$52,000
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.22
Lot Size
0.32 AC
Zoning
B-1 (Downtown Core) - Commercial
Parking
10 Spaces (3.33 Spaces per 1,000 SF Leased)
Frontage
106’ on S State Route 48
Not walkable
10/100
Exceptionally drivable
100/100
Not bikeable
10/100
Property Taxes
| Parcel Number | 16-04-476-025 | Improvements Assessment | $80,470 |
| Land Assessment | $14,510 | Total Assessment | $94,980 |
Property Taxes
Parcel Number
16-04-476-025
Land Assessment
$14,510
Improvements Assessment
$80,470
Total Assessment
$94,980
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8133 S State Route 48
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