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231 N Main St 231 N Main St 1,590 SF of Retail Space Available in Urbana, OH 43078
HIGHLIGHTS
- New renovated front facade
- Large front display windows
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 1,590 SF | 3-10 Years | $15.22 CAD/SF/YR $1.27 CAD/SF/MO $24,195 CAD/YR $2,016 CAD/MO | Plus All Utilities |
1st Floor
Our current vacating tenant, Middle of the Wood, a German rooted wood workshop in business for over two years, is closing due to the personal health of one of the owners. This transition opens the door for new and exciting concepts to take shape in the space. The layout lends itself well to a variety of uses, including upscale vintage retail, boutique-style shops, restaurant-style concepts, or creative studios. The space also offers an easy turnaround for woodworking or similar hands-on production concepts. Gas and electric utilities are not included; water is included up to 20% of standard usage. Lease pricing is flexible and can vary based on the length of the lease term. Our team is also open to collaboration to fit the tenants needs.
- Listed lease rate plus proportional share of utilities
- Central Air and Heating
- Basement
- Natural Light in Front Space
- Easy Turn-Around
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 1,590 SF | Gross Leasable Area | 3,572 SF |
| Property Type | Retail | Year Built | 1888 |
| Property Subtype | Storefront |
| Total Space Available | 1,590 SF |
| Property Type | Retail |
| Property Subtype | Storefront |
| Gross Leasable Area | 3,572 SF |
| Year Built | 1888 |
ABOUT THE PROPERTY
A varied array of proprietors, from tobacconists and meat shops to plumbers and clothing companies, have occupied 231 North Main Street over the years. Several notable community members have operated stores at this property. In 2023, Urbana Tomorrow purchased the property. Urbana Tomorrow made several renovations to the property, most notably a substantial facelift in 2024. The property supports a variety of potential uses (after our current vacating tenant transitions out,) including upscale vintage retail, boutique storefronts, restaurant-style concepts, creative studios, and artisan or production-based businesses. The existing configuration also allows for an efficient turnaround for woodworking or similar hands-on concepts. Gas and electric utilities are not included. Water is included up to 20% of standard usage. Lease pricing is flexible and may very based on length of lease term.
NEARBY MAJOR RETAILERS
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Urbana Tomorrow
231 N Main St | 231 N Main St
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