This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

965 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

224 E Main St

15,770 SF 51% Leased Office Building Ottawa, OH 45875 £351,320 (£22/SF) 4% Net Initial Yield

Investment Highlights

  • First floor is all offices with an unfinished second floor
  • Warehouse area of 1856 sqft with overhead door
  • Second floor has it's own street entrance, elevator and rear entrance.

Executive Summary

Discover a prime commercial opportunity in downtown Ottawa, OH! This solid building features 7,770 sq. ft. of leased office space on the first floor, generating steady income. The unfinished second floor, with its own street entrance, elevator, and back entrance, offers limitless potential.
Enjoy the convenience of a spacious parking lot at the rear. Located within the DORA area and steps away from a new brewery, this property is perfectly positioned in a vibrant, high-traffic location.
The second floor is an ideal blank canvas for an entertainment or gaming venue, restaurant, retail or additional offices. The 1856 sqft of warehouse area with overhead door is great for storage or additional rental income. With updated mechanical systems throughout, this property ensures a sound investment.
Don't miss this unique chance to own a versatile commercial space in a thriving community. Contact us today to explore the possibilities!

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Office/Residential
Building Size
15,770 SF
Building Class
C
Year Built
1917
Price
£351,320
Price Per SF
£22
Net Initial Yield
4%
NOI
£14,061
Percent Leased
51%
Tenancy
Multiple
Number of Floors
2
Typical Floor Size
7,885 SF
Slab to Slab
11 ft
Building FAR
1.84
Lot Size
0.20 AC
Zoning
Office/Retail
Parking
20 Spaces (1.26 Spaces per 1,000 SF Leased)

Amenities

  • Wheelchair Accessible
  • Storage Space
  • Central Heating
  • Open-Plan
  • Air Conditioning
1 of 1

PROPERTY TAXES

Parcel Number 32-017110-0000 Improvements Assessment £58,015
Land Assessment £7,938 Total Assessment £65,953

PROPERTY TAXES

Parcel Number
32-017110-0000
Land Assessment
£7,938
Improvements Assessment
£58,015
Total Assessment
£65,953
(419) 680-6390

Contact

  • Listing ID: 31845912

  • Date on Market: 17/05/2024

  • Last Updated:

  • Address: 224 E Main St, Ottawa, OH 45875

1 of 33
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/33
224 E Main St, Ottawa, OH for sale Building Photo- Image 1 of 33
IMG_4193_Balanced
224 E Main St, Ottawa, OH for sale Building Photo- Image 2 of 33
Ottawa with Property Lines
224 E Main St, Ottawa, OH for sale Building Photo- Image 3 of 33
Building Photo
224 E Main St, Ottawa, OH for sale Building Photo- Image 4 of 33
IMG_0144_5_6_7_8_Fusion-Natural
224 E Main St, Ottawa, OH for sale Building Photo- Image 5 of 33
IMG_0149_50_51_53_Fusion-Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 6 of 33
IMG_0169_70_71_72_73Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 7 of 33
IMG_0174_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Building Photo- Image 8 of 33
IMG_0209_10_11_12_13Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 9 of 33
IMG_0219_20_21_22_23Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 10 of 33
IMG_0224_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 11 of 33
IMG_0229_30_31_32_33Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 12 of 33
IMG_0234_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 13 of 33
IMG_0239_40_41_42_43Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 14 of 33
IMG_0244_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 15 of 33
IMG_0249_50_51_52_53Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 16 of 33
IMG_0254_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 17 of 33
IMG_0259_60_61_62_63Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 18 of 33
IMG_0264_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 19 of 33
IMG_0274_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 20 of 33
IMG_0279_80_81_82_83Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 21 of 33
IMG_0284_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 22 of 33
IMG_0289_90_91_92_93Natural
224 E Main St, Ottawa, OH for sale Building Photo- Image 23 of 33
IMG_0184_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 24 of 33
IMG_0189_90_91_92_93Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 25 of 33
IMG_0204_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 26 of 33
IMG_0194_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 27 of 33
IMG_0199_200_201_202_203Natural
224 E Main St, Ottawa, OH for sale Interior Photo- Image 28 of 33
IMG_0179_80_81_82_83Natural
224 E Main St, Ottawa, OH for sale Building Photo- Image 29 of 33
IMG_0294_5_6_7_8Natural
224 E Main St, Ottawa, OH for sale Building Photo- Image 30 of 33
IMG_0299_300_301_302_303Natural
224 E Main St, Ottawa, OH for sale Building Photo- Image 31 of 33
DJI_0276
224 E Main St, Ottawa, OH for sale Building Photo- Image 32 of 33
IMG_0164_5_6_8_Fusion-Natural

1 of 1

Connect with us

© 2024 CoStar Group

224 E Main St
(419) 680-6390 x

224 E Main St

Steve Lehmann

(419) 680-6390

(419) 680-6390

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link