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Bank Owned Surplus-Income Producing Com. Bldg 115 W Main St 6,609 SF 100% Leased Office Building Mc Arthur, OH 45651 For Sale



Investment Highlights
- Extensively renovated first floor with Class A finishes
- U.S. Route 50 corridor access
- Existing tenant providing immediate income
Executive Summary
Extensively renovated first floor with Class A finishes — recent top-to-bottom renovation delivers a turnkey, move-in ready ground floor with high-quality finishes that would cost a new investor significantly more to replicate, substantially reducing upfront capital requirements
Existing tenant providing immediate income — a current lease on a portion of the property generates cash flow from day one, offsetting carrying costs while the investor or owner-user executes a broader vision for the property
Low acquisition cost relative to improvement quality — the combination of Class A first-floor finishes, a stubbed-out second floor ready for customization, and an existing paying tenant represents a rare value-add profile at smaller-market investing
Surrounded by government and civic anchors — the Vinton County Courthouse, County Court, and multiple county offices are all located on or directly adjacent to Main Street, guaranteeing a steady stream of daily foot traffic from attorneys, government employees, jurors, and residents conducting county business
U.S. Route 50 corridor access — McArthur's position on U.S. 50 connects the property to a regional east-west corridor linking southeastern Ohio, with Columbus approximately 58 miles to the northwest and Athens Ohio to the east, providing accessibility well beyond the immediate village population
Regional Lender Orders Immediate Sale of Multiple Surplus Assets!
Multiple Locations in WV, KY, PA, OH & IN - Call Today for the List of Branches & Surplus Asset Properties!
Free & Clear Title Guaranteed – Title Insurance Available!
Tranzon Asset Advisors, Edward D. Durnil, OH Auctioneer # 20050000031/ OH Real Estate Broker # 2004021020
10% Buyers Premium based on the high bid and other terms apply.
Property preview: May 6th at 10:00am ET
Online bidding ends May 13th at 1:00pm ET
Existing tenant providing immediate income — a current lease on a portion of the property generates cash flow from day one, offsetting carrying costs while the investor or owner-user executes a broader vision for the property
Low acquisition cost relative to improvement quality — the combination of Class A first-floor finishes, a stubbed-out second floor ready for customization, and an existing paying tenant represents a rare value-add profile at smaller-market investing
Surrounded by government and civic anchors — the Vinton County Courthouse, County Court, and multiple county offices are all located on or directly adjacent to Main Street, guaranteeing a steady stream of daily foot traffic from attorneys, government employees, jurors, and residents conducting county business
U.S. Route 50 corridor access — McArthur's position on U.S. 50 connects the property to a regional east-west corridor linking southeastern Ohio, with Columbus approximately 58 miles to the northwest and Athens Ohio to the east, providing accessibility well beyond the immediate village population
Regional Lender Orders Immediate Sale of Multiple Surplus Assets!
Multiple Locations in WV, KY, PA, OH & IN - Call Today for the List of Branches & Surplus Asset Properties!
Free & Clear Title Guaranteed – Title Insurance Available!
Tranzon Asset Advisors, Edward D. Durnil, OH Auctioneer # 20050000031/ OH Real Estate Broker # 2004021020
10% Buyers Premium based on the high bid and other terms apply.
Property preview: May 6th at 10:00am ET
Online bidding ends May 13th at 1:00pm ET
Property Facts
Sale Type
Investment or Owner User
Property Type
Office
Building Size
6,609 SF
Building Class
B
Year Built
1921
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
3,304 SF
Opportunity Zone
Yes
Amenities
- Conferencing Facility
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 06-00952.000 | Improvements Assessment | $849 CAD |
| Land Assessment | $3,233 CAD | Total Assessment | $4,082 CAD |
Property Taxes
Parcel Number
06-00952.000
Land Assessment
$3,233 CAD
Improvements Assessment
$849 CAD
Total Assessment
$4,082 CAD
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Bank Owned Surplus-Income Producing Com. Bldg | 115 W Main St
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