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139 S Broadway St 2,604 SF 100% Leased Retail Building Blanchester, OH 45107 $342,850 CAD ($131.66 CAD/SF) 4.89% Cap Rate
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 (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| 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 (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Taxes (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
2,604 SF
Year Built
1917
Price
$342,850 CAD
Price Per SF
$131.66 CAD
Cap Rate
4.89%
NOI
$16,765 CAD
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
PROPERTY TAXES
| Parcel Numbers | Total Assessment | $28,429 CAD | |
| Land Assessment | $8,366 CAD | Annual Taxes | -$1 CAD ($0.00 CAD/SF) |
| Improvements Assessment | $20,064 CAD | Tax Year | 2024 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$8,366 CAD
Improvements Assessment
$20,064 CAD
Total Assessment
$28,429 CAD
Annual Taxes
-$1 CAD ($0.00 CAD/SF)
Tax Year
2024
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139 S Broadway St
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